Search

03 Dec 2021

Home owners in Leitrim insure their contents for an average of €37,034.49

Home owners  in Leitrim insure their contents for an average  of €37,034.49

Home owners  in Leitrim insure their contents for an average  of €37,034.49 compared to €35,261.24 in 2015.

Homes in Wicklow, Meath and Dublin have the highest value contents in the State, according to an AA Insurance analysis of the value of contents insured.


Commenting on the findings, AA Consumer Affairs Director Conor Faughnan stated “It is important to make sure that you have your contents valued correctly for insurance. People often think the figure is high, but if you are unlucky enough to have a fire or a total loss you would be amazed how much value you have built up over the years and what it would cost to replace it all.”

At the other end of the scale, homeowners in Co. Mayo had the lowest average value for contents insured at €36599.21 according to the AA Home Insurance analysis.

The AA advises householders to think carefully about the value they choose as both over and under-insuring your belongings can be a mistake. If you pick an amount that is too high then you will pay too much in your premium even though an insurance company will only pay you for the value of what you have lost. Insure for too little and an insurance company will reduce the payout proportionately even for a smaller claim.

To continue reading this article for FREE,
please kindly register and/or log in.


Registration is absolutely 100% FREE and will help us personalise your experience on our sites. You can also sign up to our carefully curated newsletter(s) to keep up to date with your latest local news!

Register / Login

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.