Home Insurance News

December is 'the optimum time to buy home insurance' - 06/12/2007

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One home insurance provider has highlighted that Christmas is a good time to purchase the product.

According to RIAS, there is an increased likelihood of both accidental damage and theft during the festive season, so homeowners should ensure their home insurance cover is adequate to avoid any problems if they need to make a claim.

The specialist insurance provider for people over the age of 50 pointed out that the value of home contents can increase by as much as £5,000 by the new year, with gadgets, clothes and other pricey gifts all upping the value of items kept in the home.

And homeowners often forget that their contents may have increased in value since they first took out their home insurance policy, RIAS asserted.

Janet Connor, managing director of RIAS, said: "The threat of burglary along with the potential for accidental damage during the Christmas period cannot be ignored."

She drew a parallel with car insurance and claimed that people are less inclined to review their home insurance regularly, citing this as one reason why the company automatically extends its maximum claim limit by ten per cent during the Christmas period.

Emma Holyer, spokesperson for Liverpool Victoria, recently said that crime over Christmas can be prevented with a number of simple steps.

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