Would be Beckhams risking millions

Article date: 22 May 2002

As the nation limbers up for a sports mad summer, wannabeHenmans and Beckhams could be risking millions of pounds worth ofsports equipment, a new study warns today.

Research by leading insurer, Norwich Union, reveals thatsporting events such as the World Cup and Wimbledon inspire morethan a quarter of Britons to become more active and take upsport.

In fact, 70 per cent of people have up to £1,000 worth ofsporting equipment in their home – with the most common itemsbeing tennis rackets, football and cricket gear and gymequipment.

Norwich Union is warning sports enthusiasts to take extra careof their property after its ‘Summer Sports’ studyrevealed that over two and a half million people have had sportingequipment stolen from their home or car.

And each year, the insurer replaces enough golf clubs to kit outall members of the US and European Ryder Cup golf teams with a newset of golf clubs every year for the next 65 years.

Chris Elliott, household market development manager at NorwichUnion Insurance, said: “It’s great that people areinspired to play more sports over the summer, but if your new golfclubs, racquet or football kit gets stolen, your latest fitnessresolve could soon sour.

“We always advise people purchasing high value sportinggoods or equipment to check that their household insurance policyhas adequate cover. Or if you are an avid sportsman and ownexpensive equipment, it could be worthwhile insuring the actualitem against damage.

“Despite warning drivers not to display items in fullview, some of the most common thefts from cars are sports bags andequipment. We encourage drivers to get into the habit of puttingequipment into the boot of their car as these items may not beinsured if stolen from the back seat.

“With a pair of limited edition World Cup football bootscosting approximately £150 and a top of the range tennis racket£300, the average sports buff has a lot at stake –even moreso if it’s their lucky pair of boots.”

Norwich Union’s Sports package, available as part of theHome Plus policy from insurance brokers, covers personal accidentand loss of club membership. It also includes cover of up to £2,500if sports equipment is stolen from the locked boot of a vehicle,and up to £1,500 if sports racquets, sticks, bats and clubs aredamaged whilst in play.

Press contact: Jane Wheeler/Anja Kueppers at QBO on 020 73790304 or Liz Kennett (mobile – 07801 901 666) /Jenny Chapman(mobile - 0777 5822 642) at Norwich Union on 08703 66 68 65

Notes to editors

Norwich Union commissioned Taylor Nelson Sofres to interview1,000 households across Britain in May 2002.

Norwich Union is the UK’s largest insurer. In generalinsurance it is more than 1.5 times the size of its nearestcompetitor, and has a 19 per cent share of the market.

It has a focus on insurance for individuals and smallbusinesses. It insures:

  • one in five households
  • one in five motor vehicles
  • more than 700,000 businesses

Norwich Union products are available through a variety ofdistribution channels including brokers, corporate partners such asbanks and building societies, and Norwich Union Direct.

  • Norwich Union’s news releases are available on theinternet at www.cgnu-group.com
  • A selection of images is available from the CGNU Newscast siteat www.newscast.co.uk
  • An ISDN facility is available for studio quality interviews.Call the press office on 08703 66 68 68
  • Norwich Union Insurance Limited Registered in England number99122 Registered Office

8 Surrey Street Norwich NR1 3TA
Member of the CGNU group of companies and the General InsuranceStandards Council

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