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.
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With National Bike Week about to begin cyclists are being reminded by the Halifax to make their bikes safe and secure.
Not quite gone in sixty seconds, but every sixty-five seconds a bicycle is stolen in the UK and the average replacement cost is nearly GBP340. With this in mind the Halifax is offering a few suggestions to cyclists on how to make their bike more secure. One of the most obvious ones, though not always done, is to use a secure lock and always use bike parking racks where possible.
Halifax home insurance will cover the value of a bicycle, but it is far better to keep an existing bike than have to face losing it. By using better security techniques cyclists can certainly help make it harder for thieves.
School holidays means children at home, which means more accidents around the home according to Tesco Finance.
,p>Figures compiled by Tesco Finance show that home contents insurance claims for damage caused by children cost almost GBP230 million last year. The majority of claims understandably come during the school holidays when children are at home. With over 40 percent of people not having enough, or any, contents insurance now is a good time to get some say Tesco.
Accidental damage can be added to some policies and is inclusive on others said a Tesco Finance spokesman. Therefore it is sensible to compare policies to see what the cost would be on a like for like basis, ensuring the cover is adequate for the customers needs.
