Some households have had to look for ways of cutting back on their outgoings, and insurance is often one of the first to go to, so Churchill is trying to ease some of the financial strain consumers are under as the recession continues.

Throughout May, Churchill home insurance is giving new customers a 50 per cent discount when they buy contents and buildings home insurance together.

Martin Scott, head of Churchill home insurance, hopes that the special offer will help consumers to manage their finances better, because it is especially important that at the current time households protect themselves as much as possible from unforeseen circumstances.

“Householders are experiencing increasing financial pressure and many home owners are looking at ways to cut back. But now, more than ever, households can’t afford to go without home insurance,” Mr Scott said.

“Many people don’t realise that in addition to being covered if they are the victims of incidents such as floods, a burst water pipe or burglary, they can also add extras such as legal expenses cover which could provide cover for legal costs in a wide range of circumstances including employment or redundancy disputes.”

Barclays home insurance has also cut the cost of its cover, offering new customers who buy a home insurance policy before August 31 half price home contents insurance for the first year.

“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,” said Gary Duggan, managing director for consumer lending and insurance at Barclays.

But, he added, “whilst we’re helping with monthly payments, people must remember that the most costly mistake when it comes to home insurance is being under-insured.”

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