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


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 copy this content. Please contact [email protected] 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

If you already have an account, please sign in here.

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: