NI is the second most expensive region for home insurance ...!

Four colourful Victorian three storey houses in Northern IrelandFour colourful Victorian three storey houses in Northern Ireland
Four colourful Victorian three storey houses in Northern Ireland
Homeowners in Northern Ireland can expect to pay an average of £171 for a standard home insurance policy, that’s 30% more than the rest of the UK, according to figures released by insurance comparison website

Out of the 12 UK regions, Northern Ireland was only beaten by London in terms of most expensive costs for standard building and contents home insurance, with London clocking in at just £3 more at £174.

That’s 30% more than the UK average of £132, the cheapest being the North East with an average of just £112.

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Interestingly, the survey showed little variation in the actual property type with just £25 separating the range from the most expensive, a detached house at £149 and a terraced house, least expensive at £124.

The new Home Insurance Index, launched by, is based on a sample of over 20,000 standard UK properties, and uses the cheapest home insurance premium offered to each policyholder to calculate regional and national averages.

On a district level,’s data reveals that homeowners in the Newry, Mourne and Down area pay the highest home insurance premiums in Northern Ireland, with an average premium of £189 for a standard buildings and contents insurance policy. People in Ards and North Down benefit from the cheapest home insurance quotes, with the average premium in that region coming in at just £160.

Greg Wilson, founder of, commented: “Most homeowners have mortgages, which means they usually have a contractual obligation to take out home insurance. However, it isn’t always obvious what’s a fair price to pay for a standard building and contents insurance policy, which is the issue our new Home Insurance Index is designed to address.

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“In Northern Ireland we have a slightly different legal system to the rest of the UK – mainly, as a general rule, insurance pay-outs tend to be higher. This can mean insurance policies can be more expensive, to cover the higher rate of compensation.

“Of course, these are averages and the actual cost of a policy can vary dramatically from one insurance provider to the next – which is the very reason we created our price comparison website, to help policyholders compare policies and prices from dozens of different providers side by side in order to find the best deals.

“We will be updating our Home Insurance Index on a quarterly basis, which will give homeowners greater transparency around home insurance costs at any given time as well as an understanding of whether premiums are trending upwards or downwards over time.” has grown to become Northern Ireland’s number one price comparison platform, for more information visit -

Average by NI District

Ards and North Down - £160.87

Lisburn and Castlereagh City - £164.53

Antrim and Newtownabbey - £164.59

Belfast - £173.17

Mid and East Antrim - £157.15

Causeway Coast and Glens - £168.33

Fermanagh and Omagh - £169.78

Armagh City, Banbridge and Craigavon - £171.40

Mid-Ulster - £171.95

Derry and Strabane - £178.11

Newry, Mourne and Down District - £189.41

Northern Ireland average - £171.19

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