According to a recent study by the Halifax there is over GBP50 billion worth of jewellery in UK homes, with each house having just under GBP2,000 worth on average.
Although the average figure is around GBP2,000 there are around 5 million homes where there is over GBP5,000 worth of jewellery and surprisingly the Halifax has found that over a third of them have never had their items valued. This is an important aspect since valuables should be listed individually on home insurance policies to ensure they are covered.
Geographically the places with the most jewellery in their homes are Preston and Milton Keynes so they are urged to make sure they have their items valued said a Halifax spokesman. This way they will know their home insurance is doing the job it is supposed to do.
Find the best price on Halifax home insurance with a quote from Moneygossip.co.uk.
AA Insurance are asking all owners of holiday homes to make sure their insurance polices cover items that are left there while the property is empty.
The summer months see many people heading off to their second homes, taking a break from the daily grind. However AA Insurance want them to just think about what they may be leaving at the property and to ensure they have adequate home insurance cover in place. Their data suggests more than 10 percent of people do not know if it is adequate or not.
A spokesman from AA Insurance also wanted to remind people to take basic security precautions during the warmer weather. These include closing and locking windows when the property is empty, locking front doors if people are in the back garden and so on.
Direct Line has revealed its latest home insurance product to be an all inclusive package that covers all aspects and should save consumers money.
The new Direct Line Home Insurance Plus policy covers both buildings and contents, other possessions such as sports equipment, handbags and their contents. It also incorporates travel insurance, protect for credit cards, legal support and ID theft.
Apart from the comprehensive nature of the policy, which Direct Line believe will allow customers to feel more relaxed, there are going to be cost savings too. With protection for all these different aspects in one policy it negates the need for a range of different insurance products. Using one policy like this is easier and cheaper than the options currently available.
