An expert has said people need to check their home insurance in the run-up to Christmas.
Contents and buildings insurance holders must make sure they scrutinise their policy in the run-up to Christmas and possibly compare savings on alternative products if theirs is not up to scratch.
That is if comments made by Mike Powell, insight analyst for general insurance at Defaqto, are anything to go by, as he has said that people should take note of a recent study conducted by the independent financial research company on the state of the country’s home insurance market.
This investigation revealed that while 90 per cent of companies do increase their cover for this time of year, the levels by which they do vary hugely.
“Double check your insurance policy to ensure you have the correct cover you need,” he urged.
Mr Powell added that consumers may not automatically assume they are insured for the presents they purchase for loved ones over the festive period, meaning that spending time to ensure they are covered could be vital.
Source : Which 4 U