Tesco Home Insurance: Consumers 'lax' over cover

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Tesco Home Insurance: Consumers 'lax' over cover

Many British consumers have adopted a lackadaisical approach to dealing with their home insurance policy, new research suggests.

A study carried out by Tesco Home Insurance indicates that over a third of homeowners do not familiarise themselves with the level of cover and terms of their policy.

Over two-fifths of consumers also say that their contents insurance may not be sufficient cover.

Allan Burns, head of Tesco Home Insurance, said: "We would urge all homeowners to read through their documents to familiarise themselves with the terms and conditions of the policy they have purchased."

Tesco Home Insurance recommends that property owners shop around for the most competitive insurance deals, read their policy documents carefully and to keep insurers updated with any home changes which might impact upon a policy.

Mr Burns said: "We want everyone to make an informed choice when buying their home insurance policy."

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