Burglary statistics reveal a strange fact. Each time the clocks go back one hour for Daylight Saving Time (DST), the number of break-ins increases by one-third*.
Most home insurance policies will cover you if your home is burgled, but there are limitations which could lead to your claim being rejected.
Some of the scenarios that may catch you out include:
Security failures
Most home insurers will offer lower premiums if your home is protected by a minimum level of security.
Generally, this would include deadlocks on external doors and locks on accessible windows. If you forget to lock your doors while popping to the shops, for example, your home insurer may reject your claim.
High-value items
High-value items, such as phones, laptops, and jewellery, are often sought after by thieves, but may not be automatically covered by your home insurer.
Depending on your home insurance policy, you may need to get additional cover to protect items above a certain value.
Long trips
Most home insurance policies specify that your home should not be left unoccupied for more than 30 consecutive days.
If a burglary takes place while your home is empty for a period longer than 30 days - due to an extended holiday for example - your claim may be rejected. Some insurers may allow you to put extra cover into place while you're on an extended trip but be sure to check with your provider first.
Get in touch today to find the most suitable home insurance for your needs.
SPEAK TO AN ADVISER
*Source: https://review42.com/uk/resources/uk-burglary-statistics
There's a lot of noise around Later Life Lending, headlines about rates, regulation, and market ...
Read More >
How do you treat your insurance renewal email? It could be costing you more than you think — in som...
Read More >
Almost four in ten people approaching retirement are on track to have an income below the Pensions U...
Read More >
Did you know most families are one crisis away from financial hardship? Unfortunately, there are som...
Read More >
For most of the last century, the mortgage journey followed a fairly predictable path. You bought yo...
Read More >
The holiday season is almost here. While you're busy booking flights and planning days out, ther...
Read More >