Home insurer issues Valentines Day warning

Churchill Insurance has become the latest insurance provider to warn Britons about the potential dangers associated with not having adequate cover in place for expensive Valentines Day gifts .

The company has warned consumers that having the right amount of cover in place is vital in the event of the theft of valuable jewellery.

Claire Foster, spokesperson for Churchill Home Insurance, stated that with its cover policy, items worth in excess of £1,500 need to be listed individually on the policy.

However, any personal item worth less than that figure will be classified as general personal contents.

Ms Foster said: In the event of a claim, some form of substantiation of ownership and value will be required. This may be in the form of original receipts or valuation.

Meanwhile, the insurance company Hiscox also recently warned homeowners to consider their policies when it comes to valuable gifts.

The provider claimed that 28 per cent of people do not think about their home insurance policy when they buy a ring and seven per cent admit they do not even know if their policy covers the items.