Consumers urged to fully insure jewellery

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Consumers in the UK have been urged by an insurance provider to fully cover their expensive items of jewellery.

Research by Halifax Home Insurance has found that the average British home holds nearly £2,000-worth of jewellery, with the collective amount thought to be worth around £52 billion.

It was also revealed that people in Northampton on average wear the most expensive jewellery, followed by Glasgow and Wrexham.

Milton Keynes, Preston and Stoke were also found to be where the average home contains the most valuable amount of jewellery.

Halifax Home Insurance's senior claims manager Martyn Foulds said: "Our research shows that between us we Brits own a staggering amount of jewellery and enjoy making a statement by wearing valuable items when out and about.

"We would advise anyone wearing particularly valuable items outside the home on a daily basis to make sure that they are fully insured for loss, damage or theft when outside their property."

In other insurance-related news, football fans were recently told by esure to not forget about travel insurance if they are planning to head to the Champions League final in Moscow.

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