People who own a holiday home could be at risk of losing their possessions if they do not take out a home insurance policy covering the property, warns a representative from Saga insurance .
Andrew Goodsell, Executive Chairman, Saga Group Ltd, commented: ” Holiday homes are often left vacant for periods of time which leaves them especially vulnerable to robbers. It is therefore important that people regularly check their level of insurance to ensure that they are protected for the full value of their property and possessions.”
These remarks were made after research conducted by Saga insurance revealed that one in ten holiday home owners have no insurance for their properties overseas, while six per cent of those who do have a policy have not checked their valuations.
The average owner spends only one month a year in their holiday home, which means that for much of the year the properties can lay vacant and vulnerable to burglary and vandalism.
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