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  • Deck the halls for £1,000

    Homeowners are being warned to take out home insurance over Christmas, when the value of their posessions rises.

    1st December, 2005

    New homeowners could face a £1,000 bill to decorate their homes this Christmas, according to new research.

    The Co-operative Bank says that starting from scratch can be an expensive business for property owners, who might want to buy trees, lights and other festive adornments.

    The £1,000 price tag for decorations alone suggests that over the Christmas period, the value of your property's contents rises sharply.

    With the added value of Christmas presents and freezers full of food, it is especially important that around this time of year, your home is insured in case of an accident.

    Taking out buildings and contents insurance will mean that your Christmas won't be spoiled by unforeseen mishaps.

    David Newman, director of marketing management at the Co-operative Bank advised homeowners to shop around for their decorations if they are buying them this year.

    'It's worth people bearing in mind that good decorations can also last for many Christmas’s to come, so they should opt for durability where possible. A great deal of money can be saved if you shop around.'

     

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