The average number of insurance claims for December last year and January this year was 26% higher than those between June and November last year, according to an analysis of insurance claims by Alexander Forbes Insurance.
The claims were specifically related to theft, burglary and lightning.
Clients claimed 10% more for theft over this period, 11% more for burglary and as much as 198% more for lightning. Claims for household contents were 19% higher.
Alexander Forbes Insurance's managing director Gari Dombo advises insurance policy holders to check that their household contents cover is up to date and correctly lists the replacement value of insured goods.
"Your valuables might be worth much more than you realise. For example, the price of gold has increased by 120% over the past five years, which will obviously have an effect on your gold coins and jewellery," he said.
Here are some ways to minimise your risks.
Source: Sunday Times via I-Net Bridge
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