Home insurer calculates cost of average households contents

Mon, 18 May 2009

The cost of replacing an average household's contents following a fire or other major disaster has been calculated to be around £45,000, according to research conducted by Sainsburys Home Insurance .

The company has estimated that around 27 per cent of most households' contents' value is held in the living room . The study also found that master bedrooms are generally packed with valuable goods as well with clothes, shoes and furniture amounting to an average of around £5,900, or 17 per cent of the total worth of homeowners' possessions.

Neil Laird, Sainsbury's Home Insurance Manager, said: "It's staggering when you tot up all the contents in your home, just how much it would cost to replace them all should the unthinkable happen."

Recently, research carried out by Abbey Home Insurance found that the recession is likely to push more people into crime and this is likely to cause an increase in the number of domestic break-ins.
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