Insurer reveals 'Boxing Day spike'

December 27, 2007

Insurer reveals 'Boxing Day spike'The value of home insurance claims has been seen to shoot up on Boxing Day, according to one insurer.

Sainsbury’s Bank has revealed that on the day following Christmas the average value of claims came to £2,209.31, a marked increase on the £658.28 average.

Further statistics show that 12 per cent of all claims during the month of December arose from an incident which occurred on Boxing Day.

Sainsbury’s head of home insurance Steve Johnson attempted to shed some light on the findings.

He said: "Over the Christmas period, you can be at a higher risk of being burgled if your home is empty or, if you have your home full of friends and family, the chances of something breaking or being damaged can also increase.

"It’s interesting that Boxing Day appears to be the worst day, maybe it’s because people are more inclined to let their hair down after the stress and strains of Christmas day."

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