THE AVERAGE price of a home insurance premium has gone up by 6 per cent, from €466 to €494, over the last three months,according to a new survey.
Prices across the State have increased, but homeowners in Dublin have fared considerably better with premiums in the capital falling by €13 or more than 2 per cent over the last three months compared with the first quarter of the year.
The AA survey published yesterday found the average price of a combined buildings and contents policy for a property in Dublin was €460, down from €473. The price outside Dublin rose to an average of €518 during the second quarter - up €27 from the €491 it would have cost in the first quarter.
"While home insurance premiums have increased . . . homeowners are still getting value for money," director of AA Ireland Insurance John Farrell said.
Irish Brokers' Association chief executive Ciarán Phelan said premiums were under pressure "as a result of local losses over the last two winters and international natural disasters".
