Consumers were today advised to make sure that their
home insurance policy covers any costly purchases made over the festive period.
Fair Investment Company states that gifts given at Christmas - especially hi-tech presents such as iPods, laptops and games consoles - are more expensive than ever before.
"The good times can quickly go bad if there is a breakage or, worse still, a burglary. The amount of money lost can really mount up, especially if you don't have a policy that covers all your new purchases," comments director at the company James Caldwell.
He notes that the high risk of fire over the festive period means that an adequate
home insurance policy is "a must".
In recent days, the firm advised consumers to ensure that any animals bought as Christmas presents are covered by a
pet insurance policy.
Consumers shopping around for
home insurance may well find that
InsureandGo is able to offer them a competitive deal on a policy.