Financial news categories
Financial news archive
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
Holidaymakers 'should check home insurance policy'
25 February 2008
Holidaymakers leaving their house empty on a long holiday should check their home insurance policy to see how long they can leave their home unattended and still be covered, the AA warned.
According to research by Liverpool Victoria (LV=) the average home has £25,000 worth of content, and people going on holiday could leave their home vulnerable without cover when they go on holiday.
AA public relations manager Ian Crowder said: "If you are away for a long time – typically over 30 consecutive days – your insurer may want special terms imposed, such as guarantees that the house is being regularly inspected.
"Or they may impose an additional premium or reduce level of cover, or even not cover at all."
Burglary and theft accounts for 36 per cent of UK crime and costs the nation over £2.8 billion a year.
Home contents insurance can provide financial back up in the case of theft, but people must be aware of the terms.
