One of the perceived future benefits of buying insurance online, other than far more individualized policies, faster processing and risk assessment and a better overall customer experience is that with the use of digital data, average premiums for individuals will fall. Statista estimates that the overall average cost of online premiums for property insurance will remain constant between 2018 and 2024.
To learn more about the future of the B2C digital insurance industry in the UK, read our in-depth report.
Estimated average cost online for property insurance premiums in the United Kingdom (UK) from 2018 to 2024
(in GBP)
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Statista. (October 16, 2019). Estimated average cost online for property insurance premiums in the United Kingdom (UK) from 2018 to 2024 (in GBP) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060715/average-online-and-offline-property-insurance-premiums-united-kingdom/
Statista. "Estimated average cost online for property insurance premiums in the United Kingdom (UK) from 2018 to 2024 (in GBP) ." Chart. October 16, 2019. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060715/average-online-and-offline-property-insurance-premiums-united-kingdom/
Statista. (2019). Estimated average cost online for property insurance premiums in the United Kingdom (UK) from 2018 to 2024 (in GBP) . Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060715/average-online-and-offline-property-insurance-premiums-united-kingdom/
Statista. "Estimated Average Cost Online for Property Insurance Premiums in The United Kingdom (Uk) from 2018 to 2024 (in Gbp) ." Statista, Statista Inc., 16 Oct 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060715/average-online-and-offline-property-insurance-premiums-united-kingdom/
Statista, Estimated average cost online for property insurance premiums in the United Kingdom (UK) from 2018 to 2024 (in GBP) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060715/average-online-and-offline-property-insurance-premiums-united-kingdom/ (last visited November 10, 2024)
Estimated average cost online for property insurance premiums in the United Kingdom (UK) from 2018 to 2024 (in GBP) [Graph], Statista, October 16, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060715/average-online-and-offline-property-insurance-premiums-united-kingdom/
