Drivers stash close to £300 worth of belongings in their glove-box and car boot, yet three quarters have no idea what cover they have for the items left in their car. Experts warn that car insurance is designed to give you protection for your vehicle, not the stuff you keep inside it – and cover for personal belongings is typically limited to £100.
Recent research indicates that motorists carry with them in their vehicle an average £278 worth of belongings in their cars. Items most commonly left in the glove box or boot include SatNavs, mobile phones and wallets/purses. A staggering 72% of people asked had no idea what cover they have for the items they leave in their vehicle. If you are aged 18-24 you are 50% more likely to leave valuables in your glove box than those over the age of 45.
Glove boxes typically contain items worth around £112 whilst boots contain items valuing around £165 (mainly because of the larger area, golf clubs, power tools and computers are also left here). It is really easy to overlook the value of the gadgets we all love to have as they are an everyday part of our lives and so the value in monetary terms is often overlooked. The purpose of car insurance is to give you financial protection for your vehicle – not the belongings inside it, and that thought is worth keeping in mind! As a consequence, cover for personal belongings is typically limited to fully comprehensive policies and restricted to around £100. Cover rarely extends to money or business goods or items not in a locked boot or other compartment. Claims are generally paid on an indemnity basis – so if you do need to make a claim then a deduction will be made for general wear and tear.
Check the terms of your insurance policy to make sure you understand what cover you have. Take specialist advice – Westhill Insurance Services has a professional team who can explain the cover you need for the items you stow in your vehicle. As an independent insurance company they can shop around to find the right deal for you and save you money too.
Finally, remember that if you do have to leave valuables in the car, make sure they are out of sight and locked securely in the boot.
Contact Westhill Insurance Services, today.