Home insurance Updated:
The Christmas party season is in full swing, but whether you'll be hosting Christmas drinks, partying the night away on New Year's Eve, or simply getting ready to go out, you need to ask yourself one question: is your home ready for it?
Research from Sainsbury's Bank shows that, in the last three years, 36% of homeowners have caused damage to their property when getting ready to go out, with the most common accidents involving a spillage of some kind: hair dye (14%), nail polish/nail polish remover (14%) and make-up (13%) spillages all feature prominently in the list of pre-night out nightmares.
The age group most likely to have an accident are those under-35, with 54% admitting that either they or someone they lived with had caused damage to their property when preparing for a night out. This is followed by 39% of those aged 35 to 54, while those aged 55+ seem to be the most immune to these kinds of pre-night out nightmares, with just 18% admitting that they've fallen victim.
Hosts aren't immune to damage, either, with 37% having experienced some form of party-related calamity. This figure again rises dramatically among those aged under-35, with 67% having experienced a party-related disaster, followed by 35-54 year-olds (57%) and those aged 55+ (56%). The most common accidents suffered by hosts include spillages that cause a stain and can't be cleaned up (22%), doors or locks being broken (8%), and fridges and freezers breaking down (8%).
Brits are prepared for it, however, with 28% of respondents saying that house parties at Christmas are more likely to result in collateral damage than at any other time of year. But it can still take its toll, with analysis of Sainsbury's Home Insurance data revealing that claims for accidental damage rise by 6% in January compared with the annual average in the wake of the party season, and during last year's festive period, accidental damage claims rose by 9.8% in comparison with the previous year.
"Christmas is a magical time when friends and family come together to eat, drink and be merry," said Scott Gorman of Sainsbury's Home Insurance, "but this can sometimes be a hazardous combination, with a large proportion of people claiming to have either been the victim or perpetrator of a classic festive party mishap.
"Items such as candles, irons, and hair straighteners can be easy to forget when getting ready to go out. And we'd also recommend putting any valuable items out of reach if you're hosting a party. Above all, we hope that everyone has a safe and wonderful Christmas."
Check your home insurance policy to make sure you're suitably covered, and if not – or if it's time to renew – compare home insurance policies to find an alternative.
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
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