Home insurance warning to World Cup fans

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The Post Office has issued a warning to all football fans who are planning to follow all the World Cup from their living rooms. Research carried out by the Post Office has found that a high percentage of these fans will splash out on new items for their home ahead of the month long tournament.

According to the research which was unveiled last week, 9 out 10 supporters are planning to watch the World Cup matches from the comfort of their sofas. 93% of these fans say they will increase their spending during this period by £200 as they plan to invest in new plasma TV’s, fridges, and even BBQ’s to make the occasion all the more enjoyable.

31% of those surveyed also said they intend to invite friends over to watch the World Cup action at their homes. Entertaining comes at a price of course, whether it’s supplying alcohol, and making sure you and your pals have a big enough TV on which to watch the big match.

The Post Office’s main concern is with the amount of money which armchair fans are planning to invest in new kit for their home ahead of the tournament. They are recommending that anyone who splashes out on new equipment for their home for the World Cup, should check that their annual insurance policy adequately covers their new purchases in case of damage or theft.

The number of travel insurance policies on the market increases

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The number of travel insurance policies currently available in the UK has risen, according to a recent report.

A study which was carried out by an independent research company found that the number of holiday insurance policies which are now available has risen by almost 10% despite the fact that travel to overseas destinations has fallen drastically.

1,018 travel insurance policies are currently on offer, when 12 months earlier there were  just 930. 50% of the new travel insurance policies were introduced by five of the biggest national insurance companies.

As the country slumped deeper into the economic recession last year, more and more people cut back on non-essential spending, which included holidays for many. For this reason, a huge percentage of people chose to not take a holiday abroad last year, with many opting for the cheaper option of the stay-cation which involves holidaying in the UK.

According to recent statistics, overseas travel decreased by 16% during 2009. However travel agents and insurance companies are hoping to recoup some of the losses from last year as thousands of Brits prepare to leave the country to support England in the football World Cup which is being held in South Africa.

Insurance advice for football fans during the World Cup

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The insurance company Aviva has advised football fans to take care while practising their ball skills during the World Cup after it found that glass breakage insurance claims shot up during the last tournament.

The Insurer revealed that during the 2006 World Cup which was hosted by Germany, claims for smashed windows, conservatories, greenhouses and other glass structures rose by 25%. Experts believe football fans, feeling inspired by the performances of David Beckham and Wayne Rooney during the world renowned sporting event, over enthusiastically took to practising their ball skills in their gardens and local parks.

Wayward footballs were said to be blamed for a high percentage of the breakages. The average insurance claim for broken glass and windows during this period was £600.

However football fanatics are not the only sporting fans to come into trouble during a major sports event. Aviva revealed that glass related damage rose by 30% last year as cricket fans took to practising vigorously during the Ashes cricket test last summer.

The advice being offered from Aviva and other insurance companies is to take care while kicking about a football to avoid costly insurance claims which could cause your premiums to rise when its time to renew your policy.