UK Parliament home

This petition was submitted during the 2010 to 2015 Parliament

View other petitions from this Parliament

Closed Tighter regulation on "Condition of Average" clauses in Contents Insurance Contracts

Closed on

The action I would like the government to take is to introduce measures they see fit to amend laws/regulations regarding the "condition of average" clause (and similar clauses) in home contents insurance contracts to prevent it reducing claims unless the homeowner is better informed of the presence of the clause and when it is applied.

The effect of this clause is expalined in this Wikipedia link
http://en.wikipedia.org/wiki/Condition_of_average.

It is very hard for the average homeowner to value correctly there insurace contents. Expecially as most policies are new for old and require replacemmet valuations for nearly all items not even price paid valuations.

This makes the use of these clauses in my opinion unfair as the buyer is not really understanding the cover they would recieve in the event of a claim and is most likey to think they are fully covered up to the value they have insured for.

2 signatures

Show on a map

10,000

Petition progress

View all updates for this petition, with the most recent first.

  • Petition closed

  • Petition published

    This petition can now be signed.

    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 22 April 2014.