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Hamish Burns

Most expensive areas to insure your home in Scotland ranked

Home insurance costs in Falkirk rose faster than anywhere else in Scotland at 28% in three years, according to Moneysupermarket.com.

The comparison website's league table of combined home and contents annual premiums by postcode area found they increased 25% over the same period in Paisley. That made the town the second highest place to insure in Scotland.

Glasgow remained highest with an average of £150, which ranked 16th highest in the UK.

Paisley's average was £147.57, while Edinburgh's average was £147.17, both having risen faster than Glasgow since 2017. People in Falkirk can expect to pay just under £144, up 28.8% in three years.

London is the UK's most expensive place to insure your home and contents at more than £204, with Belfast fourth at £181.

Scotland as a whole was the UK's fourth most expensive region in the first quarter of this year at £140.75, up 3% year on year.

Kate Devine, head of home insurance at MoneySuperMarket, said: “Home insurance quotes vary across the country thanks to a number of factors, including the risk of flooding, crime rates and even the type of soil.

"While there is a general trend of home insurance costs rising around the country, the good news is that the year-on-year increase is slowing. In 2017 there was a 14.35% increase, followed by 8.5% in 2018. With 2019 seeing only a 2.58% rise, this is good news for consumers."

Postcode area

Average Combined Contents & Buildings Insurance Q1 2017 (£)

Average Combined Contents & Buildings Insurance Q1 2020 (£)

% Increase

FK - Falkirk

111.73

143.93

28.82%

PA - Paisley

117.23

147.57

25.88%

EH - Edinburgh

118.185

147.17

24.53%

PH - Perth

114.905

142.87

24.34%

G - Glasgow

121.32

150.115

23.73%

DD - Dundee

101.99

125.83

23.37%

IV - Inverness

109.41

134.16

22.62%

AB - Aberdeen

107.08

131.22

22.54%

KA - Kilmarnock and Ayr

113.11

137.59

21.64%

TD - Galashiels

104.81

126.85

21.03%

KY - Kirkcaldy

105.97

127.975

20.77%

ML - Motherwell

115.4

138.825

20.30%

DG - Dumfries and Galloway

104.575

123.995

18.57%

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