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.
Having surveyed homeowners across the country Halifax Home Insurance has found that around 1.7 million households have an unfinished renovation project that they have been working around for 2 years or more.
Of the people surveyed by the Halifax almost half of them said they just did not have the time to finish the job off, while nearly 30 percent said they could not afford to complete the work. It appears that the most common room that remains unfinished is the bedroom, perhaps because it is not a room everyone sees.
A Halifax Home Insurance spokesman, looking at the information, felt that effective budgeting at the start of the project could help more people get jobs finished. Taking a realistic view of costs rather than being overly optimistic is perhaps the biggest change to make.
Great discounts on Halifax Home Insurance available now!
Tenants are being asked by Direct Line home insurance to make sure they have contents insurance in place and also to speak to landlords regarding home security.
It makes sense for landlords to protect their property with security measures said a Direct Line spokesman, especially since it can help reduce insurance premiums. It is also prudent for tenants to have contents insurance cover to protect their own belongings.
Many tenants are surprised when they find out how little Direct Line home insurance costs and feel much happier knowing their goods are covered. With the added security provided by the landlords actions too that figure can go even lower.
