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Bedroom contents 'need insurance'

British people have been advised to insure the contents of their bedrooms after new research revealed the growing value of homeowners' personal possessions.

According to Abbey Home Insurance, the value of the contents of an average UK bedroom now exceeds £4,000 - perhaps the reason why one in four Britons believe the bedroom to be the most important part of a house.

With consumers spending large amounts of money on televisions, DVDs, computers and exercise equipment for their rooms, the insurer has urged homeowners to check that their home insurance policy matches the value of their personal items.

Head of insurance marketing at Abbey Prasad Shastri said: "We spend almost one-third of our lives in our bedrooms so it makes sense that Britons are prepared to fork out to create a comfortable and relaxing space.

"Sometimes it is hard to gauge the replacement cost of the contents you have in the home, but if you think carefully about every item it quickly adds up."

The Association of British Insurers has said that any homeowners affected by yesterday's tornadoes will be able to make a claim on their buildings insurance. A personal loan can help to pay for insurance costs.

See how much you could borrow with a Lombard Direct personal loan.
© Adfero Ltd

25/09/2007 16:24:22

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