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While today’s decision by the Bank of England MPC was literally a no brainer it does not help the thousands of home owners who are struggling to make ends meet. As we read another report from the...
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Friday 14th March 2008
A study by Nationwide has highlighted the need for homeowners to ensure their garden contents are comprehensively insured.
A poll conducted by Nationwide found that one-third of respondents estimate that the contents of their garden - including garden furniture and lawnmowers - is between £250 and £1,000.
Robin Bailey, insurance director at the firm, said that the high value of such goods means that it is imperative that homeowners make sure that their home insurance policy provides sufficient cover in the event of theft or damage.
He said: "Spring is in the air and, if the rain holds off, some of us may be planning to spend time in the garden this Bank Holiday weekend. "Items such as lawnmowers and garden furniture will be dusted off and may be left out in the open for long periods of time, resulting in easy pickings for opportunistic thieves and vandals."
The insurer also issued a series of tips to guard against falling victim to garden theft, including investing in ground anchors to secure ornaments and furniture to the ground, taking tools indoors with you and making sure the shed is locked at all times.
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