| Average home insurance costs vary depending on property type and size | The most common reasons for claiming are water damage and accidents | Renewing policies early, ideally 25 days before expiry, can help reduce costs |
The latest home insurance statistics compiled by one industry source1 have revealed the trends and patterns of 2025.
The average buildings and contents policy cost was reckoned to be £258.43, which is cheaper than buying buildings and contents policies separately. Flats and maisonettes that are converted are typically more expensive to insure than those that are purpose-built.
When it costs more
Most house policies cost a similar amount (between £230 and £250), except for detached houses which are pricier with an average of £301.72. Insuring your home tends to become more expensive until the ages of 41-50, when it reaches a peak of £319.03. After that, policies become cheaper, likely due to homeowners downsizing in later life.
Factors to consider
Generally, the more bedrooms you have, the more expensive your home insurance policy will be, which is something to consider if you’re thinking about adding a bedroom through conversion or extension. Between May and July 2025, the most common reason for claiming on home insurance was escape of water (29.7%), followed by accidents (23.71%). This shows it’s important to keep an eye out for leaks and act swiftly if you notice anything unusual.
Act early to save money
Also, renewing your policy at the last minute does not usually save you money. In fact, the cheapest time to renew is 25 days before the policy ends, showing that it pays to plan ahead.
1MoneySuperMarket, 2025
