Is yours the most expensive area for home insurance?
Home insurance premiums vary hugely and it's not just down to the size of the property you live in and value of your belongings. Your postcode is also a contributing factor - so is where you live one of the cheapest or more expensive areas of the country?
Bournemouth homeowners are paying the lowest home insurance premiums according to new research from moneysupermarket.com, whilst those in London suffer from the highest premiums.Research carried out by moneysupermarket.com, which analysed over two million home insurance quotes over a 12-month period, has revealed that homeowners in the seaside town of Bournemouth benefit from the cheapest premiums in the UK, paying £60 less than the average premium of £164 per year.
The research also uncovered that the 10 most expensive areas in the UK for home insurance are all in London. Those who live in Stanmore in Harrow, Golders Green and Dulwich