Home insurance premiums remain stable despite winter floods

The cost of the average combined buildings and contents insurance policy is at its lowest level in four years, according to the ABI’s latest Home Insurance Premium tracker published during June 2016. An average combined home insurance policy costs £309.00, data from the second quarter of this year shows. Despite the severe winter floods, which are expected to cost £1.3bn, insurers have kept home insurance premiums at competitive levels.

View full article on the Association of British Insurers website