You are here: Home - Insurance - News -

This is the most claimed for item on home insurance policies

0
Written by: Christina Hoghton
19/07/2017
What gets damaged most often in our homes and what costs the most to repair or replace?

The most claimed for item on UK home insurance in 2016 was ruined carpet, often the result of a spillage, according to Churchill Insurance.

Mobile phones were the second most accident-prone possession, accounting for a fifth of the top 10 accidental claims in 2016.

Computers, televisions and smaller electrical items (such as hairdyers) made up the top five most claimed for items.

Churchill said the majority of claimed for items were for over £600 last year, highlighting the importance of taking contents cover.

Costly claims

Surprisingly, jewellery was only the fifth most costly claim made last year.

Sofas ranked top in the list of most expensive claims, followed by watches, laminate flooring and even fishing equipment outranked jewellery.

Martin Scott, head of Churchill home insurance, said: “Accidents are, by definition, unexpected but it is important that customers understand their needs.

“If they are unsure about what they are covered for on their current policy, they should seek clarification from their insurer. However, when choosing the type of cover needed, it is also important to consider the excess that customers would be willing to pay, in the event of a claim.

“This way if an accident does occur, customers can be reassured that they will not be faced with the full cost of fixing an item or having it replaced.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

YourMoney.com Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Listing site rapped for advertising out-of-date property… AND ignoring regulator

Complaints against property listing website Houser have been upheld by the Advertising Standards Authority (ASA) after the site advertised a...

Close