Higher home insurance risk during school holidays

School's out for the summer and with it comes higher risks of accidental damage to homes.

Sainsbury's Bank has warned homeowners with school children to ensure their home insurance policies cover their homes adequately.

According to the home insurance provider, children could be responsible for damage to their own homes that could total an estimated £1 billion.

The bank found that over the past three years, 42 per cent of British parents said their kids caused an average of £604.50 worth of damage to homes and contents.

Robert O’May, Sainsbury's Bank's home insurance manager urged parents to ensure that they have adequate home insurance cover, as children would be spending more time around the house over the summer holidays.

Clothes, ornaments and carpets are most at risk of boisterous children, the home insurance provider found.

Sainsbury's Bank home insurance offers a hassle-free switching service as well as special deals on legal expenses, home emergency cover and free membership to its key recovery service.

Existing claim-free years could be transferred to the new home insurance policy to qualify for up to 30 per cent no-claims discount.

Sainsbury's Bank home insurance also offers home insurance on an unlimited sum, which ensures parents of accident-prone children are never underinsured on their homes and home contents.