Kitchen industry sources have stated that the average value of British kitchens has doubled in 3 years. This is according to data submitted a few days ago by insurance provider NFU Mutual, obtained from the company’s insurance claims for fire damage caused by kitchen equipment.
While the actual number of kitchen fires has fallen year on year since 2013, the average value of claims made have gone up. NFU Mutual say that the average cost of a claim increased from just under £7,000 to just over £10,000 in 2015, while the average cost of a claim for the first half of this year was almost £14,700.
Home cooking and baking are said to be a major contributing factor, with retail analysts revealing a rising trend in the popularity for these activities in the home. A spokesman for NFU Mutual said:
‘What we’re seeing from our data is a sharp increase in the value of people’s kitchens and the items they have in it, while the number of claims is actually dropping.
‘We’ve seen a lot more claims for high-end range cookers and brands such as AGA, as the trend towards home cooking and baking sees our clients invest more in their kitchens than ever before.’
NFU are imploring home owners to check their insurance cover, making sure that their kitchen contents are correctly valued in case of any accidents in the home.