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.
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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.
According to Lloyds TSB home insurance division home workers ought to check they have adequate cover in place to avoid trouble in case of a claim.
According to official data around 3 million people work from home, sixty percent of whom are self employed. This is over ten percent of the total workforce in the UK. The important point Lloyds TSB insurance want to make is that work related materials may not be covered by a regular home insurance policy so it is important to check the details.
As the Lloyds TSB MD said, home based businesses and working from home generally are growing in popularity so it vital that a real understanding of different policies is needed.
Get your own quote for Lloyds TSB home insurance and see how much you can save.