Brits need garden insurance for luxury purchases

An increasing number of homeowners in the UK are choosing to splash out on extravagant purchases for their gardens without having the right insurance in place.

This is according to new research from Lloyds TSB Insurance, which revealed the average British garden is now worth £1,928 as a result of people shelling out on luxuries like summer houses and expensive outdoor furniture.

However, it was also discovered almost half of householders (44 per cent) are not taking the right steps to protecting the contents of their gardens, as they either have no policy in place or are unsure whether they are covered or not.

Tim Downes, senior claims manager at Lloyds TSB Insurance, said while many consumers are prioritising their outside spaces, it is a false economy to invest in high-end garden items without insuring them.

“Garden-proud homeowners should check their insurance policies to ensure their beloved outdoor luxuries are properly protected,” he explained.

Among the biggest selling garden luxuries were hot tubs (ten per cent) and trampolines, which were found to be owned by one in five homeowners.

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