Home insurance premiums saw their most substantial monthly decline of the past year in May, falling by 1.9%, according to Pearson Ham.
The pricing and strategy consultants previously calculated that 2025 opened with consecutive monthly reductions in premiums but at this stage the year-on-year figure was still in positive territory.
The metric has now switched to an annual drop of 6% in Pearson Ham’s general insurance price index.
RelatedHome insurance premiums fall for third consecutive month
Home insurance premiums fell by 1.3% in February 2025, a third consecutive monthly drop, according to Pearson Ham’s general insurance price
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