May 30th, 2009 → 2:38 pm @ admin // No Comments
The theft of Conservative leader David Cameron’s bicycle has highlighted the need for people to have such items covered as part of home insurance, it has been claimed.
According to AA Insurance, the incident, which is the second time the politician has had his bike stolen in the past year, shows that homeowners must ensure their home insurance policies include cover for items taken away from their properties.
Simon Douglas, the director of the company, also claimed that the theft could be the tip of iceberg.
“We could see a Himalayan peak in cycle theft this summer as the recession makes the bike an ever more sought-after item,” he explained.
“This episode reinforces the need to check your insurance to make sure your bike is included. Make sure your bike is adequately covered and adequately secured.”
Last month, figures from the AA revealed that the average quoted premium for home insurance rose by over £3 during the first three months of this year.
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