Brits Christmas presents at risk as 53% don’t have contents insurance

12 Dec, 2018

08 Dec 2018 New research from LV= General Insurance reveals that nearly two in five (37%) adults will hide gifts for loved ones in an outdoor space this Christmas. But more than half (53%)* of Brits risk a season of sad tidings by not having contents insurance ahead of the UK’s peak burglary season.

On average, Brits expect to hide around £190 of festive goodies in outbuildings with the most popular items being bikes (30%), jewellery (8%) and televisions (6%).

The results also revealed nearly one in five (18%) of those who have insurance don’t know if their policy covers theft from outbuildings such as sheds and garages, despite them being a target for thieves. Average Xmas spends now top £856* but many households have not checked that their contents insurance is in place or sufficient.

With burglaries increasing over the festive period (to an average of 37,000 per month), LV= General Insurance is urging families to keep their home safe and secure over the festive season with these top tips:

A spokesman from LV said: “The festive season is unfortunately the most profitable time of the year for burglars, so it’s worrying that so many people are leaving their precious Christmas gifts at risk. Don’t let burglars use your front window as their shop window by leaving presents on show – keep them well out of sight. Outbuildings can be a great place to store a bike or toy car, but they can be a soft target for thieves – so keep garages and sheds securely locked and avoid storing valuables in them. Also, check your policy to ensure you’ve got the right cover.”

LV= Contents insurance covers items stored in outbuildings as standard. Over the festive season, contents insurance also increases by 10% for all customers and applies from 25th November – 25th January.

UK’s top 10 presents to store in an outside storage space:

  1. Bike
  2. Jewellery
  3. Books
  4. Children’s role play sets
  5. Scooter
  6. Television
  7. Children’s electric car
  8. Outdoor playground equipment
  9. Board games
  10. Doll’s house

UK’s top places to store Christmas presents:

  1. Wardrobe
  2. Under the bed
  3. Outbuilding (e.g. shed, garage)
  4. Airing cupboard
  5. Under the stairs