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Rise in Halloween horrors.
home insurance online owner rate A garden shed wrecked by trick or treater's dressed as witches. Following 31 October last year, insurance claims shot up by almost 150 per cent. According to the insurer, claims for malicious damage could triple following Halloween this year. Read more...

White Elephant Gadgets.

 
 

Impressive growth
Sales through direct channels have grown in an intensely competitive environment. It's this commitment to our customers which is delivering competitive advantage and driving new business." Phil Loney adds, "We expect the softening personal insurance market to continue into 2006, and will maintain our focus on ensuring that new business acquired is profitable. home insurance online owner rate Read more...

 
 
 
   
 
 
 

White Elephant Gadgets.

White elephant gadgets.

White elephant gadgets worth 9.4bn clutter up UK homes, says esure.com

(12 September 2005)

UK residents have forked out over £9.4bn * in their lifetimes on household gadgets that they believed were great buys at the time but have rarely, if ever, actually used, according to research by esure.com home insurance. This figure includes - measured by esure.com for the first time this year - £4.1bn on gifts for friends and family that end up gathering dust. A quarter of people polled (24%) actually admitted to wasting money on buying someone a household gadget as a gift that they suspected would remain in its box. Esure.com’s annual ‘Useless gadgets’ poll, commissioned by ICM, reveals that the sandwich toaster tops the ‘white elephant’ list for the third year running – that’s around £315m ** worth of abandoned toastie makers in UK homes. But 2005 sees the debut of the bathroom scales and fancy coffee machine in the top five list with one in three adults guilty of owning them but rarely, if ever, using them.


TOP 5 WHITE ELEPHANT GADGETS IN BRITISH HOMES:

Ranking - Item - % of adults admitting to owning but not using the item - Number of adults admitting to owning but not using the item

 
 
 
 

Holidaying to excess
***Detailed workings of average suitcase value available on request. The survey from Barclays also revealed:. Travel insurance limits - Baggage is covered up to 1,500 it includes cover for loss or damage to personal belongings. Do declare to customs and excise for any tax liability above and beyond the customs limit for the country your travelling back from. home insurance online owner rate Read more...

 
 
 
 


1) Sandwich toaster - 45% - 21.51m
2) Bathroom scales - 31% - 14.82m
3) Coffee machine - 30% - 14.34m
4) Footspa - 22% - 10.52m
5) Electric knife - 21% - 10.04m

Esure.com’s predictions for 2006 include the healthy juicer and the novelty ice cream maker. In this year’s poll, 63% of people said they would never use a juicer even if they received one as a present and almost three quarters (73%) of adults gave ice cream makers the cold shoulder by saying that they would definitely be unwanted gifts.

We are officially a nation of hoarders: 23.4m UK adults have banished a useless object to a drawer or cupboard and 10.6m have used their loft or garage to store their dust gatherers. We also have no qualms about cluttering up the houses of friends and family, with 22.3m of UK adults admitting to palming off unwanted items to their nearest and dearest.

Nikki Sellers, Head of Home Insurance at esure.com, said: "Many of us are suckers for advertising and fanatical about keeping up with the latest fads and must-have gadgets. But as a nation we’re guilty of boxing up and stockpiling our white elephant household gadgets in lofts, garages, wardrobes and drawers, leaving them out of sight and easily forgotten.”
 
 
 
 

Brits are a Nation of Great Collectors
home insurance online owner rate Magazines/comics 7. The survey also shows that the nation’s average collection is worth just over £2,000 and that the UK is spending over half a billion pounds** each month on their hobby. Polar Bear trinkets The survey not only revealed what we collect and its value, but also how the nation catalogues such prize possessions. Rubbers/Erasers 4. Homepride ‘Fred’ figures 5. Read more...

 
 
 
 


“But over the years the number and value of these offending items rises, so it’s important to keep an inventory of all your home contents - even your mistake-buys or unwanted gifts - to avoid being left under-insured.”

Almost a fifth (18%) of adults have spent over £500 on useless gadgets for either themselves or as a gift for someone, with men wasting more money on dust collectors than their shopping-savvy female counterparts (£361.83 and £238.77 respectively). And 18-24s are fuelling the sales of gimmicky gadgets that are lining our drawers. One in four (23%) would buy a counting bottle opener - which let’s you know how many beers you’ve had by keeping a running total - and a fifth would buy eye massager glasses (21%) with stress-busting, vibrating pads or an automatic card shuffler (18%) as gifts.

Regional statistics

Homes in the North East are overflowing with the most useless gadgets in the UK. 81% admitted to possessing at least one offending item that was rarely, if ever, used since it was purchased.

Adults in the North West spend the most on white elephant gadgets for themselves (averaging £210) whilst Yorkshire men and women spend the least (averaging £160).
 
 
 
 

BRITISH KIDS ARE TOYING WITH A FORTUNE.
32% have a PC in their bedroom. Save up to 15 per cent off normal premiums when you buy online. 10% have broadband connection. "It may surprise some parents, but our survey shows that British youngsters are quite literally, sleeping on a gold mine. Sample size of 1312 Population figures provided by the Office of National Statistics, as of December 2005, there were 13,221.4 million under 18 year olds. home insurance online owner rate Read more...

 
 
 
 



Scots are the most choosy when it comes to present buying, with just 17% admitting to buying someone a gadget gift that they expected would never actually be used, compared to 31% of East Midlanders - the worst culprits.

Sources

ICM Research interviewed a random selection of 1015 adults aged 18+, by telephone between the 17th and 18th of August 2005.

*£9.4bn is based on a population of 47.8m adults in the UK (source: National Statistics: Population Trends, Summer 2005) and calculated from esure.com’s research using an average of each price bracket. For example, 3% of people estimated they spent between £11 and £20 on white elephant items for themselves or as gifts. That’s 1,434,000 people (3% of the adult UK population) spending on average £15.50 on white elephant goods – totaling £22,227,000. Once each price bracket was calculated in this way, the sum total came to £9,398,267,400.

**Figure based on multiplying the average cost of a sandwich toaster on Argos.co.uk (£14.65) by the number of people admitting to owning but not using the item calculated from the ICM research and National Statistics: Population Trends, Summer 2005.



 
 
 
 

Creepy claims arise on Friday 13th.
However, this can lead to accidents in themselves.” The spooky figures show that the majority of claims (46 per cent) were related to breakages. Other – 6% Greg Dawson said, “Theses type of accidents would be covered under our Accidental Damage cover – an addition to the standard home insurance policy.” Churchill’s data was taken from over 10,000 of its own home claims for 2004. The Friday 13th claim figure rise was generated by comparing to an average daily claims figure for 2004. home insurance online owner rate Read more...

The details published on this site are intended for information only and should not be construed as advice under the Financial Services Act 1986. You are advised to take appropriate professional and legal advice before entering into any binding contracts.
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