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EPR Archived News |
M&S Money Urges Householders To Secure Their Sheds
Released on: July 21, 2010, 6:10 am A new survey by M&S Money* has revealed that the average shed now holds £988 worth of contents - an increase of £100 from the 2009 figure**. The most expensive items that people keep in their sheds are lawnmowers (38%), bikes (28%) and DIY equipment/tools (22%). However, the survey found that almost half of people questioned (49%) admitted they leave their shed unlocked at times. This figure has doubled in the past year, from just under a quarter (24%) in 2009. Almost a fifth (18%) of respondents in this year's survey revealed they frequently leave their shed unlocked and, only 12% of respondents felt that their shed was very secure against burglary and would deter thieves. M&S Money is urging householders to check that their home insurance policy covers items in their shed. M&S Home Insurance policy provides unlimited cover for theft of property from a shed. Policyholders must take reasonable steps to ensure they have secured their shed. Andrew Ferguson, M&S Head of General Insurance, said: "The value of items kept in sheds can mount up, as our survey shows. We would urge householders to check whether their home insurance policy provides adequate cover for theft from a shed, and what security measures they may need to demonstrate to ensure any claims made are valid." -ENDS- Notes to Editors: About M&S Money: The company is a top-ten credit card provider and the second-largest pet insurance retailer in the UK. M&S Money also offers a range of insurance cover, including home insurance and car insurance, as well as loans, savings and investment products. M&S Home Insurance policies are provided by AXA Insurance UK plc. Terms, conditions,
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