Household spending on home insurance in the UK 1997-2023

Published by Jennifer Rudden, Feb 20, 2025

Household spending on home insurance fell in 2020, but had recovered to pre-pandemic levels by 2021. The total household expenditure spent on insurance connected with the dwelling reached approximately 2.2 billion British pounds in 2023, up from 1.9 billion British pounds in 2022.

Household expenditure on home insurance in the United Kingdom from 1997 to 2023 (in billion GBP)

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Release date

February 2025

Region

United Kingdom

Survey time period

1997 to 2023

Supplementary notes

Household final consumption expenditure. Figures based on current prices and are seasonally adjusted.

This includes all insurances connected with the dwelling.

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