If you are fortunate enough to have a garden at your property, you will likely have spent a lot of time there in the past few months. A garden space is vital for relaxing, exercising and getting fresh air. However, a recent study carried out by MoneySuperMarket suggests a large proportion of British homeowners don’t have sufficient insurance covering their garden belongings.
The survey indicates the average garden in Britain has £1,457 worth of valuable items, but 59% of respondents said these belongings are not covered on their insurance policy. This means there is close to £33 billion worth of goods at risk of theft across the country.
Minimise the risk of theft in your garden
While the standard building and contents insurance policy offer some cover for garden items, many households might be placing themselves at risk.
Kate Devine is the Head of Home Insurance at MoneySuperMarket, and she said: “As we look ahead to the potential lift of lockdown in the summer months, we can expect to see Brits heading out of the house to enjoy outdoor activities. Particularly in these months, there’s the temptation to leave items of value outside overnight or keep your shed unlocked. This can, however, leave you open to a risk of burglary and in turn, possibly void your home insurance cover if you need to make a claim. Most standard contents insurance policies include a small amount of cover for garden items, but specifics can vary – so it’s always worth checking to ensure that your valuable outdoor items are fully covered.”
The survey also uncovered the most common items found in British gardens, and these are:
- Furniture, cited by 57% of respondents
- DIY tools, said by 48% of respondents
- Bikes, listed by 36% of respondents
- BBQs, named by 38% of respondents
29% of respondents have been victims of garden theft, and the most commonly stolen items are bikes, lawnmowers and gardening tools. Of the respondents who have had items stolen from the garden, 29% never had insurance in place.
If you own a bike, insure it
It is perhaps interesting to note only 20% of respondents said they have insured their bike on a home insurance policy. Bikes are often of value, they are of interest to thieves, and many people depend on them to get around. Therefore, they should be kept safer, and there is an argument for ensuring bikes are properly insured.
If you are keen to keep your garden belongings safe this summer, here are some garden security tips:
- Lock valuable items away
- Fit locks to gates
- Install lighting around your garden, minimising the likelihood of opportunistic thieves remaining unseen
- Review your insurance policy and make sure it is covered
- If you have a bike, ensure it stored securely or invest in a secure storage unit
In line with Government guidelines, our Biggleswade branch has reopened and is again staffed with sales and lettings personnel. If you have any queries or need advice on property sales and lettings then please call 01767 317799 or email email@example.com.