Wicklow homes contain the most expensive valuables in the country according to new research
Properties in Co. Wicklow are brimming with valuables according to a new survey which analysed the cost of home insurance policies around the country.
Homes in the Garden County have contents insured for an average of €50,537, which is more than €5,000 above the national average.
The research conducted by AA Insurance found that residents in south Dublin homes also have their valuables insured at a hefty price of €49,732 more than €3,000 more than north side dwellers.
Home contents insured against events such as burglary or fire include jewellery, computer tablets, smartphones, luxury rugs, vintage furniture, art work and flat screen TVs amongst other things.
AA Spokesperson Conor Faughan said: “There are differences between the counties for sure so just for fun we decided to see if both north and south Dublin homes would show a disparity in the value of insuring their contents and sure enough it did.”
In Munster, homes in Co. Clare insured their house contents for less than any of their Munster counterparts, while Waterford homes were insured for the most in the province at €47,795.
In Connaught, Mayo home owners valued their contents at €42,034, while in Galway property owners estimated their homes contents at €44,976.
Meanwhile, home owners in Co. Leitrim were found to have the least expensive and valuable contents in the country, estimating their value on average to €39,180.
Mr Faughan said: “People often don’t realise just how much it would cost to replace everything.
“Imagine if you had a fire and lost the house completely, list out the amount of money it would cost to buy it all back again. You’d be amazed how quickly it builds up even for those of us who reckon we don’t have a lot of valuables,” he said.
“It has become a common trend for people to both under and over insure their contents.
“For example, some people are making the mistake of calculating their fitted kitchen which would be covered under the buildings cover,” he said.