The average holidaymaker travels with around £676 worth of valuables but while one in four are opting to stay in the UK for the summer holiday to save money, they’re failing to take out insurance.

In fact, half of Brits opting to holiday in the UK could be doing so uninsured according to insurance provider Policy Expert.

Its study of nearly 2,500 people found that half admitted they didn’t have ‘away from home’ cover included in their home insurance policy.

And just one in eight (13%) of holiday-goers said they would take out travel insurance for their ‘staycation’.

Policy Expert warned that failing to take out insurance could result in an expensive ordeal if personal items are stolen by opportunistic thieves.

Almost one in 10 (8%) Brits holidaying in the UK has fallen victim to theft, loss or damage, of which 31% didn’t claim on their insurance. The most common items were mobile phones, cameras, wallets/purses and jewellery.

Adam Powell, head of operations at Policy Expert, said: “Many holidaymakers are opting to stay in the UK for a variety of reasons, but whether you’re venturing to the other side of the world or to a seaside break on the coast, it’s important to ensure you’re covered.

“A fun family holiday could quickly turn sour if your valuables are stolen, lost or damaged. If you don’t want to take out a separate travel policy, check the small print of your home insurance to see if you’re covered when away from home. Having that small amount of extra cover now could go a long way should the worst happen.”