Hiscox finds frightening picture of under-valuation

Hiscox has found that the majority of high net worth households are under-insured. The insurer cond...

Hiscox has found that the majority of high net worth households are under-insured.
The insurer conducted a survey at the British Antique Dealer's Association annual fair and found that although 85% of respondents collected arts, antiques and valuables, 35% had never carried out a valuation of their contents. 33% had no idea of the value of their contents and only 27% had had their household contents valued in the last five years.
The 33% of respondents who did not know the value of their

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