Helter shelter

Many homeowners and tenants are ignoring the benefits of home-contents insurance, as they see it as expensive and unnecessary. Michelle Worvell questions whether the market needs to re-think the way this cover is priced and packaged, or if it could be promoted to the public more effectively

At the end of last year, research from the UK's largest insurer, Norwich Union (NU), found that more than two million people were leaving possessions worth more than £20,000 at risk by failing to buy home-contents insurance. The survey also revealed that fewer people living in rented properties had contents insurance than homeowners, and that of the nearly three million privately rented homes in the UK, 72% did not have cover, leaving over £50bn worth of items at risk.

The most common reason for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: