September 05, 2010 19:00 ET

Has Your Child Got Over GBP 300 in Their School Bag?

MANCHESTER, UNITED KINGDOM--(Marketwire - Sept. 5, 2010) - Mobile Phones, Ipods, Laptops and Football Boots - the Modern Day Kid's School Bag is Not Only Crammed With Books and Pens, but Also With Pricey Possessions Adding Up to as Much as £300 According to Swinton Home Insurance.

As children across the country return to their classrooms this week, research carried out by Swinton proves that it is crucial for parents to check their home insurance policies to make sure they cover the valuable contents of their child's schoolbag.

Swinton home insurance carried out a survey of 1200 adults online, which revealed that 30% of their kids have had an item stolen at or on the way to school and, a forgetful 75% of children had lost an item at school, with the average parent paying £120 a year to replace missing items. 

Parents are well aware of how expensive children can be, but it may come as a surprise when they realise the cost of a schoolbag's contents. According to Swinton, the average cost of a child's schoolbag is £320 and includes:

Mobile phone: £85
Gym Kit (including trainers, gym top, shorts): £60
iPod: £120
Books: £25
Stationary: £20
Dinner money: £10

Steve Chelton, insurer development manager for Swinton home insurance, said: "With children's school bags costing over £300 and a good chance some items will be lost; it's of vital importance parents check their policies to make sure their children's possessions are covered on it, otherwise their claims may be invalid"

Notes to Editors:

About Swinton

  • With 580 branches nationwide Swinton is the UK's largest high street insurance retailer
  • Unlike many other companies in the financial services industry, Swinton is committed to keeping its branches open for business, and part of the community
  • Swinton provides a one-stop-shop for the insurance and related needs of its clients, offering home, car, caravan, business, holiday, motorbike and even classic car insurance
  • With a dedicated team of advisors on hand at every branch to search a panel of insurers to offer quality cover at competitive rates

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