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This article is for information only. It does not constitute advice. Chase Saunders Ltd does not provide services for savings, investments, mortgages or insurance. You should seek advice on these areas from a qualified financial advisor.

£2.6 billion: cost of DIY accidents

DIY Britons caused £2.6 billion worth of damage to their properties through DIY accidents last year, according to research. Research from Churchill Insurance found that a fifth of householders have caused damage to their home or to its contents in the last year while making home improvements. Average claims cost £540, meaning that those homeowners without adequate policies may be required to spend a substantial amount in repair costs. Martin Scott, head of Churchill Home Insurance, commented: "Householders who have elected to include accidental damage cover under their home insurance policy have the added reassurance that they are covered if a DIY accident causes damage in the home." Examples of typical accidents suffered include breaking furniture by falling off a ladder and spilling paint on carpet. Homeowners concerned about the impact of DIY accidents on their finances may wish to seek debt help.

Created on 04/04/2007 13:10:48
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