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 Home contents at risk as brits fail to get adequate home insuranceExpatriate Medical Insurance news about Medical Insurance, Health Insurance, Health Care Insurance, Expatriate Health Insurance, Affordable Health Insurance, Cheap Health Insurance.  one thousand of Brits could be in for a shock if they ever have to replace their home contents as, according to Legal & full general, more than half under-estimate the value of their belongings. As part of its Changing Face of British people Homes research, Legal & full general found that 15 per cent of Brits have no idea how much it would cost to replace the contents of their homes in the case of catastrophe. As part of its research, Legal & full general calculated that the norm value of a home's contents is estimated to be more than £40,000. Nevertheless, the study showed that 59 per cent of participants valued their home contents at less than £40,000, possibly resulting in a disappointing home insurance claim. In fact, Legal & full general found that more than a one-fourth of people valued their home's contents at just £20,000, a misreckoning of as much as 100 per cent, which could leave a huge shortage on a home contents insurance claim. In response to this apparent error of opinion, Legal & full general has launched a home contents insurance calculating machine aimed at those who only guestimate their insurance needs. Gary Skelton, marketing manager for Legal & General's insurance concern, said: "Many of us seem to be earnestly under-estimating the value of the contents of our homes. Evidently every home is different and so the online calculator has the flexibleness for client to enter amounts that are appropriate to them and so help provide a personalised valuation." The research found that those most probably to put their home contents at risk were aged betwixt 18 and 24, who had an norm self evaluation of just under £27,000, 18 per cent below the norm estimate of more than £33,000." Warning of the dangers of under-estimating the value of home contents, Mr Skelton added: "If there is a significant gap betwixt the level of cover and the actual replacement cost of the contents, customers could be very disappointed if they ever did need to claim, as the amount paid may not be sufficient to replace their belongings." ©Fair Investment Company Ltd More Expatriate Medical Insurance News |