7.2 million could invalidate home insurance by delaying key task

Around 7.2 million policyholders could be at risk of invalidating their home insurance by putting off maintenance work around their property, a new study shows.

Around two-fifths (43%) of Brits have delayed some form of maintenance because of the cost-of-living crisis, according to the research by Go.Compare Home Insurance, which can lead to policies being invalidated. Insurance providers expect properties to be kept in a good state of repair, meaning policyholders might not be covered if they fail to keep on top of maintenance work. Nathan Blackler, home insurance expert at Go.Compare, said: “Paying for the essentials will always come first, but putting off repairs, especially serious ones, can have a significant impact on your safety over the long term. Plus, home insurance usually requires you to keep the property in good condition, so your insurer likely wouldn’t accept your claim if things started to deteriorate and you were found to be at fault.”

Many residents surveyed admitted that they aren’t even aware of this insurance risk. Two-fifths (41%) said they didn’t realise that putting off maintenance work can void home insurance, equal to approximately 6.8 million policyholders.

Based on the number who admit to delaying home maintenance, an estimated 2.9 million policyholders could be at risk of voiding their cover due to this issue without realising it.

Younger Brits have lower awareness of this insurance stipulation, according to the comparison site.

Less than half (46%) of under-35s knew this could void a policy, compared to over two-thirds (69%) of those over 54. Women are also slightly less likely to know about the rule, with 55% stating they were aware, compared to 63% of men.

Mr Blackler noted that insurance prices have dropped recently, too, so comparing now could help you find a cheaper policy.

Mr Blackler said: “This could give you one less cost to worry about and free up some cash to make those repairs.”

He added: “It’s worth exploring the different ways you can make repairs when times are tight. Some jobs will need to be done professionally, so don’t attempt any repairs yourself unless you’re confident it’s safe and legal to do so.

“Consider contacting Citizens Advice or your local authority if you need help, as they could advise on how you can get support through the provision of things like loans, grants or materials.”