UK Money News

12th August 2008
DIY enthusiasts urged to check home insurance
Millions of Britons could be risking a financial blow by failing to check the terms of their home insurance cover before undertaking improvements to their property.
According to research conducted by Confused.com nearly eight million homeowners have undertaken improvement work, having been inspired by TV programmes such as Changing Rooms.
However, of these nearly six million admitted that they have had a DIY disaster, with 600,000 then having to submit a home insurance claim as a result.
Simon Lambie, product director at the site, said the findings, illustrated the importance of ensuring you are covered by your home insurance before starting any work around the home.
He commented: "It is important to look at your home insurance policy to check that you are fully covered, should things go wrong, bearing in mind that most policies will only pay for damage as a result of DIY mistakes if you have cover for accidental damage.
"This being said, it is also necessary to take extra safety precautions, as DIY disasters can cost lives; botched home improvement attempts are already responsible for sending approximately 200,000 people to hospital each year."
back to August's Money News
This article and more Latest Money News can be found on MoneyCrocodile.co.uk
Personal Loans from UKPersonalLoans.com
Personal Secured Loans for Homeowners and Personal Tenant Loans for Non-Homeowners. You can apply online for an Any Purpose Loan or Personal Debt Consolidation Loans or use one of our Loan Calculators.
Debt Advice from ReduceDebt.com
Debt problems? Refused a loan? Got CCJ's or Arrears? Get the best advice and help by enquiring online. Our Debt Professionals will help you whatever debt problems you have. Some of the options available to you are Debt Management, Debt Consolidation, Debt Couselling and IVAs,
UK Personal Finance from MoneyCrocodile.co.uk
UK Online Personal Finance site covering: Loans, Mortgages, Credit Cards, Insurance, Debt Advice, Bankings and Savings, Finance Tools and Money Jargon. We also cover Any Purpose Loans, Secured Loans, Personal Loans, Tenant Loans, Car Loans and Debt Consolidation Loans. If you are looking for Personal Finance let Money Crocodile put a smile on your face.
Car Loans from GBCarLoans.com
Don't just accept the dealers finance - get a quote from us before you buy!. UK Car Loans for New Cars or Used Cars: Supermini, Small, Hatchback, Saloon, Estate, MPV, 4x4, Sports, Luxury, Executive, Cabriolet or Classic Car.
Tenant Loans from TenantLoan.com
If you're looking for a low cost tenant loan, then look no further. We aim to find you a highly competitive interest rate and you can borrow anything from £5,000 and £250,000 with up to 25 years to pay.


