Context
Latest ABI data shows home insurers paid out £846 million in property claims across the first quarter of 2026, helping thousands recover from unexpected events.
Key points to note and next actions
- The average household claim was £6,340 which is the highest on record, and up 20% compared to the same period last year.
- Extreme weather continues to take its toll. Claims payout can vary significantly depending on the time of year and, at an average of £6,040, this is the highest first-quarter average on record – up 38% compared to the same period last year when it was £4,390.
- The average household subsidence claim has risen 9% from £16,295 in 2025 to £17,820 in the first quarter of 2026.
- Home insurers paid out £4,350 for the average theft claim this quarter, a 14% increase from last year’s average of £3,800.
- Home insurance payouts accounted for over half (57%) of property payouts in this period, with a total of £1.5 billion in claims paid.
- Premiums fell for a fourth consecutive quarter. The average combined premium is now 5% (£22) lower than the same period last year when it was £396. Average buildings‑only premium is £306, a 6% (£19) decrease compared to the same time last year. Contents‑only cover averaged £117, 12% (£15) cheaper year-on-year.