- 27
- Oct
As Halloween draws near, consumers have been urged to protect themselves against a financial fright.
Tesco Personal Finance has pointed out that consumers can end up with hefty repair bills after being on the receiving end of pranksters tricks, with the group advising people to make sure their insurance details are up to date in an effort to avoid such an occurrence. For those who are short of protection and who are left to clean up the mess, they may have to resort to using homeowner loans or savings to cover repair bills.
As such, the group warned that whether people will be actively involved in the nights celebrations or will be hiding away from trick or treaters, they should not neglect to contact their insurer to check they are protected against acts of vandalism or other malicious attacks.
For those who are planning to indulge the ghouls and goblins roaming the street, the group urged them to make sure that they were well stocked up with sweets to avoid provoking the wrath of indignant imps and over-expectant ogres.
Meanwhile, homeowners who are not so keen on doling out the treats, Tesco urged them to turn off the lights at the front of their house to deter pranksters from knocking. As a further deterrent, the group urged people to download a “no trick or treat” poster from their local council website and display it prominently in front windows.
Residents who are worried that malicious trick or treaters will target their garden possessions in favour of the usual sweets, Tesco urged them to lock all valuable items away indoors or in the shed to limit the likelihood of being forced to claim belongings back on insurance. Meanwhile, for those without cover, stowing away valuable plant pots, statues or furniture may reduce the chance of having to dig into their own savings to replace the items. For those who do not have the cash to stump up for such possessions, taking out a homeowner loan may be necessary.
Jim Bruce, head of Tesco Home Insurance, urged people to get in contact with insurers to arrange cover, allowing them to avoid such a situation occurring.
“Halloween can be a fun time of year for most. However, whether accidental or intentional, some Halloween revellers get carried away and cause real damage to property as a result of their antics. If you get tricked rather than treated, its good to know that any serious damage done by others to your property is covered,” he said.
For those who are concerned about the safety of their property as all manner of ungodly creatures descend upon the streets at the end of this month, Tesco advised inviting friends and family over to provide an added sense of security. Meanwhile, new university students attending Birmingham, Bristol and Manchester may well like to give their insurer a call after LV= found that undergrads here are most at risk of crimes such as possessions and vehicle theft. For those who fall victim to such a crime without adequate protection, they may be forced to dip into their loan to cover replacement or repair costs.
All About Loans providing you with breaking homeowner loans news.
