{ "dataset": "prices.insurance", "generated": "2026-09-20T13:55:52.636Z", "licence": { "compilation": "CC BY 4.0", "compilation_url": "https://creativecommons.org/licenses/by/4.0/", "attribution": "Tariff Tracker, tarifftracker.io, published by PEF Consulting Partners Limited", "underlying": "The figures themselves belong to the bodies named in each dataset's sources. Most are Crown copyright under the Open Government Licence v3. Supplier tariff rates belong to the suppliers who publish them. Check the source terms before you rely on any of it commercially.", "corrections": "If a figure here is wrong, say so and we will correct it and record that we did." }, "docs": "https://tarifftracker.io/api/", "fields": "https://tarifftracker.io/api/v1/dictionary", "as_of": "2026-06-30", "sources": [ { "name": "ABI, motor insurance premium tracker Q2 2026", "url": "https://www.abi.org.uk/media-hub/news-post/record-32-billion-paid-out-to-support-motor-insurance-customers-in-q2-2026" }, { "name": "ABI, household insurance premium tracker Q2 2026", "url": "https://www.abi.org.uk/media-hub/news-post/average-claim-for-subsidence-reaches-record-20000-amidst-hot-weather" }, { "name": "FCA Handbook, ICOBS 6B pricing", "url": "https://handbook.fca.org.uk/handbook/icobs6b" }, { "name": "FCA Handbook, ICOBS 6.5 renewals", "url": "https://www.handbook.fca.org.uk/handbook/ICOBS/6/5.html" }, { "name": "FCA, PS21/5 general insurance pricing practices", "url": "https://www.fca.org.uk/publication/policy/ps21-5.pdf" }, { "name": "HMRC, Insurance Premium Tax rates", "url": "https://www.gov.uk/government/publications/rates-and-allowances-insurance-premium-tax/insurance-premium-tax-rates" }, { "name": "FCA, general insurance value measures data 2025", "url": "https://www.fca.org.uk/data/general-insurance-value-measures-data-2025" } ], "caveats": [ "Tariff Tracker publishes insurance statistics and the regulatory rules. It does not provide quotes, does not pass your details to anyone, and is not authorised by the Financial Conduct Authority to arrange insurance.", "The ABI tracker does not split comprehensive from other policy types. Any site quoting an ABI average comprehensive premium is not reproducing ABI output.", "Neither the ABI nor the FCA publishes average motor premiums by age band or by region. We will not invent them.", "The value measures table is the market average for each product across every insurer, so any single policy can pay out better or worse than the row it belongs to. The figures describe the 2025 calendar year and say nothing about what any insurer will charge or pay next year." ], "data": { "vertical": "insurance", "name": "Insurance", "tagline": "What people actually pay, from the industry's own tracker, and the rules that stop insurers charging you more for staying.", "headline": { "value": "£566", "unit": "/yr", "label": "Average motor premium paid, Q2 2026", "sub": "Across about 28 million private car policies a year. This is prices paid, not quotes.", "direction": "down", "change": "+1% on the quarter, falling in real terms", "band": "calm", "source": "ABI", "as_of": "2026-06-30" }, "benchmark": { "value": 566, "period": "a year", "placeholder": "566", "what": "your annual motor premium", "note": "Compared against the ABI average premium actually paid. Premiums vary hugely by age, postcode and vehicle, so treat this as a rough bearing rather than a verdict on your insurer." }, "stats": [ { "k": "Home, buildings and contents", "v": "£383", "n": "−2% year on year" }, { "k": "Buildings only", "v": "£309", "n": "−5% year on year" }, { "k": "Contents only", "v": "£118", "n": "−9% year on year" }, { "k": "Insurance Premium Tax", "v": "12%", "n": "20% on travel" } ], "tables": [ { "title": "What insurers must do at renewal", "note": "These are the rules, not advice. The price walking ban has been in force since 1 January 2022 and applies to home and motor policies sold to consumers.", "cols": [ "Rule", "What it requires", "Since" ], "rows": [ [ "No price walking", "A renewal price must not be higher than the equivalent new business price for the same customer through the same channel. ICOBS 6B.2.1R.", "1 Jan 2022" ], [ "Show last year's premium", "The renewal notice must show what you paid at inception of the expiring policy, presented so you can compare the two easily.", "In force" ], [ "Shop around wording", "From your fourth consecutive renewal the insurer must tell you, in prescribed words, that you may get the cover you want at a better price by shopping around.", "In force" ], [ "Auto renewal", "The notice must say whether the policy renews automatically, and cancelling auto renewal must be easy, by methods matching how you bought it. Health and pet insurance are excluded.", "1 Jan 2022" ], [ "Bundles", "Where home and motor are bundled, each element and the bundle price must independently pass the test.", "1 Jan 2022" ] ] }, { "title": "What each type of policy actually pays out", "note": "The FCA collects these figures from every insurer once a year and publishes them so the cheapness of a policy can be weighed against whether it pays. These are the 2025 calendar year figures, published in August 2026, for the whole market rather than any one insurer. Acceptance is the share of claims the insurer paid in part or in full. The last column compares everything paid out in claims with everything taken in premiums for that product in the year. The FCA itself cautions that these are historical figures, and that insurers record a home claim that ends below the excess in different ways, which drags the home acceptance rate down in a way the motor figure does not suffer.", "cols": [ "Product", "Claims accepted", "Average payout", "Complaints as a share of claims", "Of premiums, paid out in claims" ], "rows": [ [ "Motor", "98.7%", "£3,858", "5.7%", "59%" ], [ "Home, buildings and contents", "70.9%", "£7,024", "11.9%", "48%" ], [ "Travel, annual European", "85.5%", "£1,389", "5.9%", "44%" ], [ "Pet, covered for life", "93.5%", "£716", "1.1%", "63%" ] ] } ], "facts": [ "Motor premiums have been broadly flat for three quarters after three consecutive quarterly falls. £566 in Q2 2026 is down about £14 year on year in real terms.", "Home premiums are falling while claims are rising sharply. The average home payout passed £7,000 for the first time in Q2 2026.", "The average subsidence claim hit a record £20,000 in Q2 2026 after hot weather. Weather damage averaged £8,548, up 12%.", "Motor claims cost £3.2bn in Q2 2026, up 7% year on year, with the average claim at £4,900.", "Insurance Premium Tax has been 12% standard and 20% higher rate since June 2017, with no change announced.", "Nearly half of all motor and home policies are paid monthly. The FCA found the cost of that credit has fallen since 2022, saving consumers about £157m a year, and decided in February 2026 not to cap it." ], "support": [], "page": "https://tarifftracker.io/insurance/" } }