Nearly two million Brits without buildings insurance
Posted by: Mark Posted on: March 23, 2008
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With storms set to continue and worsen across the country, research from Sainsbury's Home Insurance reveals that 1.78 million homeowners are without buildings insurance.
A further 656,000 people claim not to know whether they have this cover.
Neil Laird, home insurance manager at Sainsbury’s, said: “Thousands of homes could be at risk from storms this week so it’s alarming to see so many without buildings insurance. The growing number of weather-related instances really highlights the importance of having adequate cover in this area and unlimited buildings cover ensures peace of mind that you won't be left underinsured should the unthinkable happen.”
Sainsbury’s Home Insurance, which provides unlimited buildings cover, reveals that its research suggests that female homeowners are far more likely to be without this cover than men. More than a million women admitted to not having buildings cover compared with 722,000 male homeowners.
Surprisingly, when those homeowners without buildings insurance were asked why they did not have this cover, 39% said they felt it was not necessary. Only 2% said that they could not afford it.
About the Author
Articles for www.yourmortgage.co.uk bestlifeinsurancedeals.co.uk which covers Mortgage and Mortgages Information and useful Life insurance
Source: Newsletters Articles on ArticlesTree.com
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