The average UK household owns more than £35,000 worth – that's more than the average £27,000 income. We have a lot of "stuff" as a country. Currently , it is estimated that vulnerable products kept at risk in the UK are worth £ 266 billion. And we can only accumulate more with online shopping at our finger tips, and a relentless urge for the new widget.
Those in the lower-income categories are the least likely to buy home insurance, but they are the households with the most financial losses as they are less likely to have the financial savings available to cover repair costs and replacement of goods should an incident occur.
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infographic by: www.ashburnham-insurance.co.uk