The cheapest and most expensive UK cities for Home Insurance revealed

Robert Brown • July 30, 2019

Research conducted by Moneysupermarket.com has revealed the cheapest and most expensive places in the UK for home insurance, with some startling differences between the two.


Unsurprisingly, London and its surrounding areas feature prominently in the most expensive list, with home insurance for a property in the North West of the city setting you back an average of £251. This represents a gigantic 114% increase on the national average, meaning Londoners in this area can expect to pay over £100 for cover.



Location

Ave annual home insurance premium

North West London (NW)

£251

Central and West London (W)

£249

South West London (SW)

£241

City of London (EC)

£237

North London (N)

£235

Harrow (HA)

£227

Ilford and Barking (IG)

£212

East London (E)

£200

South East London (SE)

£199

Kingston-upon-Thames (KT)

£193

At the opposite end of the spectrum, the North of England offered the cheapest average cost, with Durham sitting atop the list with an average policy costing £117. Newcastle and Sunderland came a close joint-second. with £118.



Location

Ave annual home insurance premium

Durham (DH)

£117

Newcastle (NE)

£118

Sunderland (SR)

£118

Stoke-on-Trent (ST)

£121

Darlington (DL)

£121

Dundee (DD)

£122

Norwich (NR)

£123

Plymouth (PL)

£123

Galashiels (TD)

£123

Teesside (TS)

£123

Rachel Wait , consumer affairs spokesperson at MoneySuperMarket, commented: “Home insurance prices have been on the rise for a couple of years now, with those in London facing the highest premiums, possibly due to higher burglary rates in urban areas. Meanwhile, extreme weather causing flooding and subsidence can impact insurance costs in places like Guernsey and the Shetlands.


“With higher prices and some insurance providers reserving their best offers for new customers, it’s worthwhile shopping around when renewing. This allows you to compare prices and get the best deal possible.”



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