Home insurance 'will cover Christmas largesse'
Homeowners have been told to rest assured that their home insurance policies will in most cases cover the cost of Christmas presents.Recent research from LV= warned that many homes are at risk of burglary at this time of year, as people leave their expensive items on display because they want to show off their festive lights. As a result, the importance of home insurance is rarely greater than during Christmas, but the sheer number of gadgets and other gifts bought can result in some homes being under-insured.However, the Association of British Insurers (ABI) has pointed out that most home insurance policies will be increased automatically by providers over the festive period to ensure that these extra goods are taken into account.Despite this reassurance, however, homeowners are advised to check the terms of their own policies and if they are still unsure, get in contact with their home insurance provider so as to ensure that their extra spending will be covered on their insurance.Homeowners are also advised to check how long this period of grace will last and update their home insurance policies in line with the presents that they have received early in the new year.
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