Source Insurance has once again reduced premiums for household and landlord property insurance.

It made the move, citing market improvements.

The firm’s managing director, Kevin Paterson (pictured), said: “Bether than expected claims experience in the last couple of years coupled to an increased appetite from household insurers is driving the aggressive pricing.

“We are also seeing more and more customers fall into the expanding non-standard category and as such we have been working with an increasing number of insurers on our panel that are keen to price more competitively for this business, overall its good news for clients as more and more insurers are fighting for your business.”