A steep drop in recorded crime since the start of the coronavirus lockdown has contributed to a downward shift in home insurance premiums.
In the last three months, the average buildings and contents policy has fallen 0.3%, Consumer Intelligence research shows.
Despite this fall, premiums are still up by 3% over a 12-month period.
John Blevins, product manager at Consumer Intelligence, said: “It’s perhaps no coincidence that this period takes us through the recent lockdown where the vast majority of people were spending much more time at home.
“Crime rates and home claims have both declined in recent months, which is the most likely reason for this small deflation in premiums.”
A typical buildings and contents policy now stands at £150.
Overall, premiums have increased just 1.9% in the six-and-a-half years since Consumer Intelligence first started collecting data in February 2014.