Recent research from Direct Line has shown that 25% of all people have home contents insurance that is £20,000 too little. That is a massive amount to be under insured by but it is easy to see why.

Whilst most can readily estimate the value of visible items such as furniture and electrical goods, it is not so easy to assess the cost of replacing garage and garden items, cookware and wardrobe items. For example, the survey shows that the average Britain owns around £1,700 worth of carpets and £1,000 worth of curtains and blinds. Continue reading →