Average home insurance rates across the UK have fallen 7.6 % following extreme winter events including the " Storm from the East " and Hurricane Emma , according to Consumer Intelligence data . Several large insurers have already hinted at the cost the cold weather has caused them. Direct Line 's share price fell ~4 % after it revealed it had used nearly all its £ 55 m ( $ 73 m ) weather budget in Q1 , while Esure reported £ 8 m of claims in home insurance for the same period—£6 m more than 2012 . Insurtech and smart homes ' ability to detect problems early will help reduce premiums in the future , but not enough , and insurers are taking up these options , said John Blevins from Consumer Intelligence .
Average home insurance rates across the UK have fallen 7.6 % following extreme winter events including the " Storm from the East " and Hurricane Emma , according to Consumer Intelligence data . Direct Line 's share price fell ~4 % after it revealed it had used nearly all its £ 55 m ( $ 73 m ) weather budget in Q1 , while Esure reported £ 8 m of claims in home insurance for the same period—£6 m more than 2012 . Insurtech and smart homes ' ability to detect problems early will help reduce premiums in the future , but not enough , and insurers are taking up these options , said John Blevins from Consumer Intelligence .