Up to 1.78m homeowners without insurance
March 13, 2008 by admin
Filed under News, News-Insurance
Up to 1.78 million homeowners do not have buildings insurance while a further 656,000 consumers are not aware whether they possess it, one financial expert has claimed. 
The research from Sainsbury’s Bank shows that female homeowners are more likely to be without cover than their male counterparts with 1.055 million women admitting to not having it in place.
A further eight per cent of homeowners aged 65 and over and another eight per cent of those aged between 25 and 34 said that they do not have buildings insurance.
Neil Laird, home insurance manager with Sainsbury’s said that thousands of homes could be at risk from storms this week, so it’s alarming to see so many without the insurance.
“The growing number of weather-related instances really highlights the importance of having adequate cover in this area and unlimited buildings cover ensures peace of mind that you won’t be left underinsured should the unthinkable happen,” he stated.
Meanwhile, the firm said that the earthquake from last week could result in 3,250 home insurance claims.
Garden items may not be covered
May 4, 2007 by admin
Filed under News, News-Insurance
As the Bank Holiday weekend approaches, Nationwide is warning homeowners to ensure that their home insurance covers the theft of garden contents.
Not all policies cover items which are kept in the garden and people need to be sure that they are covered.
The firm points to the fact that evenings are getting longer and many people will be spending more time in their gardens as a result.
This inevitably leads to lawnmowers and garden furniture being brought out and often left in the garden over night.
Nationwide warns that these products become easy pickings for thieves and says that simply being certain that your home insurance covers garden contents can save you a lot of money.
“As we move further into spring we begin to see an increase in the number of home insurance claims we receive for items being stolen from gardens or vandalised, with garden furniture being the most popular item claimed for,” said Robin Bailey, Nationwide’s insurance director.
“Unfortunately we cannot secure our gardens as easily as our homes but, by finding a provider which offers garden cover as standard, people can help protect themselves should they ever need to make a claim.”
According to the firm, the most popular claims received for items stolen or damaged in gardens include furniture, bicycles, ornaments and children’s toys.
