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.
The Abbey National is warning homeowners who use oil for heating to make sure it is insured as thefts of the valuable resource are on the increase.
A spokesman for the Abbey National confirmed that police forces from around the country are seeing a rise in oil thefts, with domestic dwellings being specifically targeted. Homeowners are being asked to check their home insurance policy documents as around 10 percent of policies do not cover heating oil.
This issue has grown in importance as the cost of oil has risen so much. Abbey National figures show that the price of oil has pretty much doubled since January, making it an interesting potential opportunity for potential thieves.
Three new home insurance policies have been introduced by Tesco Finance, providing differing levels of protection to suit the needs of the user.
The entry level policy, called Value insurance, covers essential items only but costs around a third less than the Standard insurance package. This is being described as an upgraded version of the original Tesco home insurance policy. As well as offering the levels of cover existing customers will be familiar with it also includes an extra GBP10,000 of cover and there are no compulsory excesses.
The third home insurance policy introduced by Tesco Finance is called Finest and is a very comprehensive package, including ID fraud protection, home emergency support and buildings cover of unlimited value.
