A total of some £16.8 million of damage could be being caused to family homes each year as a result of parties thrown by teenage children, it has been claimed.
New research conducted by Sainsbury's Bank revealed that it is not only decorative and personal items that can be damaged as a result of parties; structural damage could also be caused.
As well as this, the study found that some 8.6 per cent of parties held by children are thrown without parental permission and that around £1.4 million of damage comes as a result of these parties alone.
"When such events get out of hand some insurers may suggest that the homeowner failed to take due care of the property and could refuse to pay up," said Neil Laird,
home insurance manager at Sainsbury's Bank.
He added that parents should consider telling their children of the potential pitfalls of having a party in the home and inviting people that they do not know well.
Earlier this month, Sainsbury's suggested that there should be a greater level of transparency as to the value of credit card reward schemes and how they can be used.
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