Two new reports from home insurers Saga and Sainsbury's Bank have revealed how many errors consumers can make in thinking about their home insurance.
Sainsbury's Bank home insurance division has found that many of the 3.8 million British people planning major home improvement projects in the next six months may be putting their expensive extensions and equipment at risk by failing to update their policies.
New kitchens and bathrooms will collectively cost the nation £28.56 billion, Sainsbury's found, but the new cookers and showers might not be added to home insurance policies.
"People often overlook the fact that they may need to increase the value of their insurance should they make any significant home improvements such as smartening up their kitchen or adding a conservatory," Robert O'May, home insurance manager at Sainsbury's Bank, explained.
Saga, meanwhile, has revealed that many people fail to realise how much their glasses are worth - and that they should be included in home insurance.
Just over half the population - rising to 96 per cent of those over 55 - wear glasses worth between £250 and £400, Saga claims.
"Adding accidental damage and personal possessions in and away from home cover to your home contents insurance policy means that your glasses are protected wherever you are," a Saga spokesperson stated.Click here to find the best home insurance deal for you.
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