Bedroom most insurable area of the home

September 25, 2007 by admin  
Filed under News, News-Insurance

As new research reveals that Britons consider the bedroom the most important room in the home, experts have urged consumers to ensure their contents are properly insured.

Figures from a recent Abbey study claim that 25 per cent of domestic residents think that the bedroom is the most crucial room in the house.

And with the average bedroom containing £4,000 worth of goods, it has been argued, that the need for full cover has never been greater.

Prasad Shastri, head of insurance marketing at Abbey, 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.

“One of the simplest ways to help avoid under-insurance is to make sure that your policy has an unlimited sum insured.”

According to the research 1.26 million people claim that the bedroom contents is worth more than £10,000.

Tags: britons, replacement cost, new research, head of insurance marketing, Shastri, Financial economics