Home owners warned over cover at Christmas


Make sure your fully covered for what you get for Christmas this year

Home owners should think about upping their home contents insurance to ensure they are covered for what they give, receive and buy for their home this Christmas and that their contents cover is in pace with inflation.

The warning from buzzmove, the home moving and home insurance tech firm, comes as the UK inflation rate reaches a five-year high . Home contents values typically increase by 24% over a three-year period but few home owners make a habit of keeping track of new acquisitions when it comes to arranging their insurance. Recent research suggests 1 in 20 home owners have lost out because their home was underinsured.

buzzmove enables home movers to create a digital inventory of their home using their smartphone. They simply open a link provided by their home removal company when they are obtaining a removal quote. The digital inventory allows them to keep a secure record of their possessions which, from 2018, they can use to obtain home insurance from buzzmove’s sister brand buzzvault. The business was created by Becky Downing following the stress she experienced trying to claim on her home insurance after a burglary in which almost all of her possessions were stolen.

Becky Downing, Founder and CEO of buzzmove said: “Christmas tends to be a good excuse for new acquisitions for the home – a new sofa, or sofa bed if relatives are staying, a table and chairs if it’s your turn to host for the first time. These purchases, along with presents to be given and received such as laptops, ipads and games consoles, could easily increase the home contents value by over £1000. However, it’s easy to forget that if you increase the value of contents in your home, your home insurance may not cover you if the worst happens and you have a fire, flood or become a victim of burglary.”

“The latest crime statistics suggest burglaries are on the increase year on year, and insurers have been warning that winter is a prime time for domestic burglaries with ready to go ‘loot’ and homes often left empty as the social calendar gets into full swing. Add to this the increased incidences of chimney fires in the winter months and it makes sense to check your insurance cover and alert your home insurer if the limits of cover are out of kilter with the value of your possessions.”


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