Home contents insurance offer from Barclays announced

Thursday, 14 May 2009, 10:08am
Home contents insurance offer from Barclays announced

Barclays has announced that it will be reducing the cost of its home contents insurance.

Cheap home insurance from Barclays looks set to get even cheaper, following the announcement of a reduction in the bank's prices across the board.

The insurer said that the price of its home contents insurance premiums would be cut in half, meaning that a family living in Chelmsford could get cover themselves for up to £50,000 worth of damage for £5.66 a month.

Barclays' home contents insurance also includes a dedicated 24-hour service helpline and those who buy their insurance online will receive a further ten per cent discount.

Gary Duggan, managing director for consumer lending and insurance at Barclays said: "This offer could help thousands of people to cut the cost of their home insurance and it's also a perfect opportunity to make sure they are currently covered for all eventualities."

Barclays, which is one of the few banks not to have taken money off the government during the banking bailout, has 48 million customers in around 50 countries worldwide.

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