Having taken a look at the attitudes of their home insurance customers Legal and General found that many prefer to throw broken items away rather than repair them.
Asked about electrical items like MP3 players and DVDs, 46 percent of those surveyed said they would throw it away if it stopped working. Slightly more worrying was the fact that 12 percent of people in the Legal and General study said they would throw an electrical item away if the fuse had blown.
On the one hand these results suggest we are throwing away perfectly serviceable items, though many small electrical items are very difficult to repair now, with manufacturers themselves recommending replacement rather than repair. Legal and General will usually replace electrical items that are claimed for on a home insurance policy since they follow the manufacturers guidelines.
Get a quote for Legal and General home insurance at Moneygossip.co.uk.
The Halifax is reminding all homeowners that they should ensure lightning cover is part of their home insurance especially as summer sees more claims.
According to data from Halifax home insurance customers the average claim for lightning damage costs over GBP 1,400 and such claims are 14 times more common in the summer than winter. The thing with lightning is that it can travel through things, so as well as causing actual damage to the structure of a building it can also go through wires and affect electrical equipment and so on.
A Halifax spokesman also pointed out that lightning can not be anticipated so no one knows where it will strike. For this reason checking the home insurance policy to make sure lightning cover is included is a sensible step to take.
Liverpool Victoria has just announced a removal of what are considered unfair admin charges for all its LV= insurance customers.
Moving forwards Liverpool Victoria insurance policyholders will not face charges for cover level amendments, address changes or cancellations that have been out of the policyholders control. The MD of LV= insurance supported the move, saying that customers sometimes have to make small changes and it is unfair to charge them to do this.
He went on to say that providing good quality insurance at a competitive price is what Liverpool Victoria is about. LV= do not want to hit customers with hidden costs, instead wanting to treat their customers fairly.
Learn more about Liverpool Victoria home insurance through Moneygossip.co.uk.
