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ABI average quarterly household insurance premium tracker - Q2 2016 statistics

The key findings from the ABI average quarterly ABI Q2 Property premium insurance tracker Q2 2016 results include:

  • The average premium for combined buildings and contents policies has fallen to £309. This is a £1 decrease since the previous quarter (£310) and a decrease of £2 on the same quarter last year.  In fact, the combined average premium is at its lowest point since the ABI began collecting this data in Q4 2012.
  • Buildings only policies cost an average of £265, an increase of £11, or 4%, compared to the previous quarter, when it was £254. This is in line with similar increases between Q1 and Q2 in previous years.
  • Contents only policies cost an average of £138, a slight increase of £1 since Q1 2016.