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Latest News
<< Most Recent Articles
Homeowners warned over Christmas 'underinsurance'
Homeowners' Christmas gifts may not be covered by their contents insurance, according to Halifax.
The bank has reminded home insurance policy holders to increase their level of cover for the pre and post-Christmas period to protect the presents they may be keeping in their homes from potential thieves.
David Rochester, senior underwriter for Halifax Home Insurance, remarked that some insurers will increase contents cover over the festive period, but that contents need to be reassessed in the new year due to people receiving expensive gifts.
"With high-value items such as mp3 players and games consoles high on many people's most-wanted lists this Christmas, presents could boost the value of home contents by hundreds or perhaps even thousands of pounds," he said.
People in the UK are expected to spend an estimated £12 billion on Christmas presents this year, according to Halifax.
Feel secure with the Lombard Direct payment protection insurance.
© Adfero Ltd
17/12/2007 15:34:48
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