Important documents ‘left languishing in drawers’

Brits are leaving their home insurance documents unread and have no idea of what they are covered for or the terms of their contract, according to new research.

Tesco Home Insurance has found that a third of homeowners in the UK leave their insurance documents languishing in a drawer with 41 per cent of them saying they have no idea of their content cover limit, despite this having massive repercussions in the case of a theft.

You should always make sure that any precious articles in your home are specified in your contract if they are above your insurer’s individual article limit. And always tot up how much all your possessions are worth so you do not become underinsured.

“We would urge all homeowners to read through their documents to familiarise themselves with the terms and conditions of the policy they have purchased. If they are unsure of any points, they should contact their insurer for clarification,” said Allan Burns, from Tesco Home Insurance.

He said another thing Brits may want to consider is family legal protection cover and accidental damage cover for any accident-prone people.

Tags: home, clarification, content cover limit, Financial services, theft, drawer, tesco, allan burns