Average household spending on insurance in the United Kingdom reached its peak in 2019 at 20 British pounds per week and fell to 18 British pounds in 2022. Vehicle insurance accounted for more than half of this expenditure, followed by household insurance - including structure, contents, and insurance for household appliances.
Average weekly household expenditure on insurance in the United Kingdom (UK) from 2016 to 2022, by type
(in GBP)
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Office for National Statistics (UK). (July 18, 2023). Average weekly household expenditure on insurance in the United Kingdom (UK) from 2016 to 2022, by type (in GBP) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/502292/insurance-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK). "Average weekly household expenditure on insurance in the United Kingdom (UK) from 2016 to 2022, by type (in GBP)." Chart. July 18, 2023. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/502292/insurance-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK). (2023). Average weekly household expenditure on insurance in the United Kingdom (UK) from 2016 to 2022, by type (in GBP). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/502292/insurance-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK). "Average Weekly Household Expenditure on Insurance in The United Kingdom (Uk) from 2016 to 2022, by Type (in Gbp)." Statista, Statista Inc., 18 Jul 2023, https://www.statista.com/statistics/502292/insurance-weekly-household-expenditure-united-kingdom-uk/
Office for National Statistics (UK), Average weekly household expenditure on insurance in the United Kingdom (UK) from 2016 to 2022, by type (in GBP) Statista, https://www.statista.com/statistics/502292/insurance-weekly-household-expenditure-united-kingdom-uk/ (last visited October 30, 2024)
Average weekly household expenditure on insurance in the United Kingdom (UK) from 2016 to 2022, by type (in GBP) [Graph], Office for National Statistics (UK), July 18, 2023. [Online]. Available: https://www.statista.com/statistics/502292/insurance-weekly-household-expenditure-united-kingdom-uk/