Study finds home possessions under-insured by almost £10,000

The survey, commissioned by Axa, found that home contents have been under valued by over £255bn across the board, which will render many unable to replace their belongings and puts them at risk of invalidating their insurance policies.

The average home's contents have been insured for roughly £29,000 whereas the average value consumers placed on their home contents stood at £38,000, leaving a £9,000 discrepancy.

With the current economic climate adding financial strain, many said they under

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: