BCIS study reveals nearly a third of UK home insurance policies are incorrect

Liz McMahon
19 Aug 2010

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Among others, a study from Confused.com recently revealed that 30% of people insure their homes for current market value.

The BCIS research has shown that, if this practice was conducted across the UK, 58% of properties would be over-insured, with homeowners paying an average of £140 more premium than necessary while 21% would be under-insured with an average shortfall in cover of £40,000.

The BCIS has highlighted London as the area at highest risk of over-insurance with homeowners on average

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 print this content. Please contact [email protected] to find out more.

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

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]