People have been advised to make sure they have home insurance.
Consumers should make sure their home insurance policy is suited to their individual needs before putting pen to paper on any deal,
an expert has said.
According to Graeme Trudgill, head of corporate affairs at the British Insurance Brokers' Association (BIBA), people must only take out contents and buildings insurance that is tailored to them.
Mr Trudgill explained that around 75 per cent of all households are running the risk of not having an annual insurance policy and insisted "the most important thing is to get appropriate cover".
He went on to note there are "three principle areas" that Britons need to consider when looking into home insurance possibilities and maintained it is crucial to "buy basic cover and then a standard cover" for the likes of storms and fire.
This comes after Jasmine Birtles, founder of Money Magpie, stated recently that consumers need to take their time when deciding on insurance products to ensure they find the right level of cover for them, while avoiding having to pay for extras that may not be required.
Festival-goers have been urged to double-check their home insurance policies before setting off to events this summer.
Britain's annual festival season is now well under-way, new research conducted by the Post Office has found that some 18 million people will attend such events in 2011.
However, revellers may wish to make sure their contents and buildings insurance is up to scratch prior to leaving home.
Meanwhile, a lender has halved its home insurance charges for a limited period.
Consumers scouring the market for attractive home insurance deals may be interested in a new offer from one lender.
Clydesdale and Yorkshire Banks have revealed that as of May 16th, it is to give Britons the opportunity to take out half price contents and buildings insurance.
This deal is open to all applicants who sign up for annual insurance with the financier and may be ideal for anyone eager to add extra security to their belongings as the summer months approach, as it includes cover for items kept outside.
Steve Reid, retail director for Clydesdale Bank, commented this shows the firm's commitment to "delivering value for money products".
"In a climate when people are tightening their purse strings, our contents insurance offer is one of the ways we are supporting our customers," he added.
Graeme Trudgill of the British Insurance Brokers Association noted recently that home insurance premiums increased only slightly over the last 12 months.
