NEW research from Age UK Dorchester reveals that almost one fifth of home owners aged 60 and over in the region have never updated their home contents insurance.
This leaves an estimated £3,368 worth of items uninsured per household.
The research suggests this gap in cover likely stems from a lack of clarity around the specifics of home insurance policies.
Di Lawrence of Age UK Dorchester said: “It’s important that customers understand exactly how their home insurance policies work and that they are empowered to take full control of their finances. Our research shows that clear guidance on the need to update home contents insurance after purchasing expensive items or renewing a policy is not being received. Reviewing contents insurance documents and regularly calculating how much it would cost to replace all home contents can go long a way to helping homeowners make sure their personal belongings are covered at the correct value.”
For more information about Age UK Home Insurance, provided by Ageas Insurance Limited,call 01305 269444 or pop into Age UK Dorchester, Rowan Cottoge, 4 Prince of Wales Road, Dorchester.
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