Protecting your Christmas gifts
Chris Keenan • January 21, 2020
The festive period has now passed leaving us with brand new gifts from our friends and family. Some of which, if we’re lucky, can be rather expensive. According to Finder, people in Britain spent as much as £500 on presents in 2019, which means that overall, the UK spent hundreds of millions on festive gifts in 2019!
Whilst Christmas Day itself sees the lowest number of claims for theft compared to a typical day of the year, the weeks following Christmas see a huge spike in thieves attempting to burgle people’s homes. A leading insurer stated that the criminals use this time to take advantage of high value items to target, with the dark nights giving them the further advantage of being undetected.
Popular gifts of 2019 include glassware, jewellery, earbuds for listening to music, and other gadgets, which are all in the higher price range. Its important following Christmas that you take good care to keep your new items safe and secure. A leading insurer listed the top three places that people hide valuables, which have been found to be:
1. Cupboards
2. Spare bedroom
3. Under the bed
As these places are the most common places to hide your gifts, insurers are urging people to get creative with their hiding places for added protection.
If you are a home owner, you shouldn’t assume that your new gifts are covered by your home insurance. It is important to check your own policy to find out what level of contents your insurance provides. If your gifts are extremely valuable, you should consider taking out a separate insurance policy to cover them; even if you have home or contents insurance.
This is because some policies will have a single article limit, which is a maximum amount that they will pay out for a single item no matter how much the item is worth. Gadget insurance can also be taken out on new electrical items which can provide more bespoke protection and wouldn’t affect your home insurance if you made a claim.
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