Halifax Insurance warns DIY disasters could prove costly

www.moneynews.co.uk > Insurance > Halifax Insurance warns DIY disasters could prove costly

Halifax Insurance warns DIY disasters could prove costly

Tue 18th Mar 2008

New research from Halifax has found that nearly a third of men feel pressured by their partners to do DIY, despite the fact that 37 per cent of them dislike it and only make home improvements out of a sense of duty.

Although some men may not be keen on DIY, almost half of the women surveyed reported that being handy with a toolkit was a highly desirable trait in a prospective partner.

However, with the bank holiday approaching and many people planning to make home improvements over the long weekend, Halifax is warning that a botched job could invalidate their home insurance policies.

A quarter of the men they questioned had attempted electrical wiring at home, while 24 per cent had tried to fit a new kitchen, despite the fact that many of them had little or no qualifications or experience.

Senior claims manager Martyn Foulds said: "Trying to tackle certain areas you are not qualified for such as electrics or plumbing could invalidate your home insurance policy, leaving you liable for any subsequent damage."

Yesterday Sainsbury's warned homeowners that knowingly giving false information when applying for insurance could invalidate their policy.

Related News : Insurance
	Under-insurance 'a costly mistake for Brits'
	Rodents and pests 'causing havoc for homeowners'
	Brits 'should be aware of home cover details'
	PPI scandal 'has helped tighten financial regulation'
	Location 'can impact home insurance costs for Brits'
	FSA and CC 'failed to tackle PPI issue head-on'
	Pet cover 'important for Brits to get right'
	UK homes are 'falling into disrepair'
	Brits advised on reducing home insurance cost
	UK insurance 'has become more complex'

Related News : Halifax
	Halifax reveals affordability boost for first-time buyers
	UK house prices fall in August, says Halifax
	People pay out 7m per year due to 'cowboy' traders, claims Sainbury's
	Tighter times mean British households go bargain hunting, claim Halifax
	Halifax announces longest ever balance transfer credit card deal
	Lenders see ten-month high in first-time buyer mortgages
	First Direct launches new fixed-cap tracker mortgage
	Housing affordability for first-timers at 8 year high, claims Halifax
	NLA survey reveals landlords jittery over possible rate increases
	Halifax: Not enough people are saving for home deposits