Household assets worth up to £ 266bn ($ 141 ) are being left uninsured in the UK , according to new figures. The Association of British Insurers ( The Association of British Insurers ) estimates the total value of possessions in Scotland homes is around £950bn, but 35,000 of households have no contents insurance. The organisation says the average home in the UK has contents worth £ 141 , but many people underestimate what their possessions are worth. It points out the average cost of home contents insurance is just £ 141 a year.
Household assets worth up to £266bn ($370bn) are being left uninsured in the UK, according to new figures. The Association of British Insurers (ABI) estimates the total value of possessions in UK homes is around £950bn, but more than a quarter of households have no contents insurance. The organisation says the average home in the UK has contents worth £35,000, but many people underestimate what their possessions are worth. It points out the average cost of home contents insurance is just £141 a year.