Make sure you cover up in the bedroom
One in four Britons consider the bedroom the most important room in the house, according to research from Abbey Home Insurance. Indeed, as a nation we spend over £13 million each year on our bedrooms.The research also highlights that the average contents of a bedroom in the UK now exceeds £4,000. A massive 1.26 million people say the value of the contents in their bedroom is in excess of £10,000.
From teas maid to TV’s
Over half of the adult population believe they have more luxury goods in their bedrooms than ten years ago. Nowadays, the most popular possessions that can be found in the bedroom include TVs (29 million), collectors’ items (5.6 million people), antiques (3.07 million), exercise equipment (4.7 million) and computers (9.7 million).
Luxury item - Number of people who possess item in bedroom
TV 29.04 Million
DVD Player 14.9 Million
Art 13.1 Million
Computer 9.7 Million
Collectors Item 5.6 Million
Exercise Equipment 4.7 Million
Pet / Pet Equipment 3.4 Million
Antiques 3.07 Million
Prasad Shastri, Head of Insurance Marketing at Abbey, said: "We spend almost one-third of our lives in our bedrooms so it makes sense that Britons are prepared to fork out to create a comfortable and relaxing space.
“Sometimes it is hard to gauge the replacement cost of the contents you have in the home, but if you think carefully about every item it quickly adds up. With over a million people valuing the contents of their bedroom alone in excess of £10,000 it is vitally important that people check their insurance policy to ensure they are covered, including any additional cover they need for valuable items.
“One of the simplest ways to help avoid under-insurance is to make sure that your policy has an unlimited sum insured. Only 13 of the 243 providers currently on the market offer unlimited sum insurance, of which Abbey’s Peace of Mind policy is one”.
For more information about Abbey’s home insurance, visit abbey.com.