Brits’ £8.5bn Christmas presents tempt thieves
Brits are planning to spend an average of £325 per household on Christmas presents this year, according to new research from Tesco Bank Home Insurance
One in ten also plan to spend over £600 on gifts for their friends and loved ones, with 58% already spending time looking around the shops since November.
Gary Davess, director of general insurance at Tesco Bank, said: “This is the time of the year when people are inadvertently increasing the value of their home contents with expensive presents hidden away which is why we apply an automatic uplift of cover for our customers.
“In addition, 37% of people are expecting to be away from home for at least one night during the festive period.
“This means that homes could become tempting targets for burglars. We urge people to make sure their properties are as secure as possible and that they have adequate home contents cover.”