Home insurance is far from aligned at the same price across regions and departments in France. It varies, in fact, from one city to another, but also according to the nature of the risk (climate risks, acts of dissent, etc.).
Findings of a recent study conducted by a digital insurance company Achilles Home insurance in France has noted significant price disparities from region to region. The study was based on an analysis of 100,000 contracts with insurance companies. The figures show that Occitanie, ile-de-France and Provence-Alpes-Côte d’Azur (PACA) stand out for the highest home insurance rates, with an average of 107.73 euros, 118.71 euros and 118.08 euros for apartments respectively.
Climate hazard and insecurity, two factors that determine the amount of home insurance
“These higher insurance premiums are mainly explained by the increase in claims linked to climate risks, burglaries and acts of vandalism. In contrast, Brittany and Pays de la Loire offer the most advantageous rates, highlighting the significant impact of location and exposure to risks on insurance premiums.explain Asuraland.
In detail, the classification of premiums by region for apartments shows that Île-de-France is the most expensive region with an annual premium of 118.08 euros, while Brittany is the least expensive with 71.64 euros per year. Between these two extremes, the premium is listed at 76.82 euros in Pays de la Loire, 82.04 euros in Centre-Val de Loire, 83.27 euros in Normandy, 89.27 euros in Grand Est, 89.49 euros in New Aquitaine. Burgundy Franche-Comté at 92.47 euros, Hauts-de-France at 97.44 euros, Auvergne-Rhône-Alpes at 99.99 euros, Occitanie at 107.73 euros and Provence-Alpes’ Comté the most expensive region after Ile-de-France, with 118.08 euros per year.
Paris the most expensive, Brest the least expensive
A study of major cities shows Paris, Marseille and Nice among the cities where home insurance is the most expensive. Given “Higher levels of urban density and associated risks, such as theft and climate risks”Average annual rates for apartments exceed the 120 euro mark, notes Insurance Comparator.
By contrast, in the peaceful city of Brest, premiums are below 70 euros. Among the five main cities with more than 100,000 inhabitants where premiums are highest, Paris and Boulogne-Billancourt dominate the ranking with respective premiums of 138.41 euros and 130.21 euros. The urban density of Marseille, Montreul and Saint-Denis largely explains their position in this top 5.
Still in the same category of cities where the premium is the cheapest, Brest leads with 69.70 euros, Rennes (70.17 euros), Angers (72.82 euros), Caen (77.97 euros) and Limoges (79.03 euros). These are statistics that clearly show that home insurance remains closely linked to related risks, including losses due to climatic conditions or insecurity. However, the value of the insured assets also remains a crucial element of the insurance premium.
