DI…Y did I bother?
The dangers of Damaging It Yourself
- Over 7million households will be embarking on DIY this bank holiday weekend
- One in eight (13%) rely on YouTube tutorials for guidance
- Yet, half (49%) don’t know if their home insurance would cover a DIY disaster
Over half of all households, some 7.5million* people, will be grabbing tools this weekend to fix squeaky beds and leaky loos, despite one in two homeowners (49%) admitting they have no idea whether their home insurance will pick up the bill if things go wrong. With so many Brits playing handyman this weekend, what are their chances of success? A new study by insurance provider Policy Expert, suggests that although two thirds of homeowners (65%) are confident of success when they approach DIY this weekend, one in five (21%) have had to fork out to fix a DIY disaster in the past. As a result, almost half of homeowners (45%) have had to admit defeat and pick up the phone to a professional.
Adam Powell, Head of Operations at Policy Expert commented:
“If you do choose to roll up your sleeves this bank holiday weekend it’s a good idea to check with your insurance provider first, to make sure you’re not in for an expensive surprise. The dawn of price comparison sites means that many ‘standard’ home insurance policies don’t automatically include cover for accidental damage, so if you’re planning anything ambitious with your tool box, make sure that you’ve specifically selected accidental damage when purchasing your policy.”
So what are the DIY tasks that this great nation of engineers will happily tackle when push comes to shovel?
- Gardening 96%
- Painting/Decorating 95%
- Electrics 43%
- Plumbing 44%
- Carpentry 52%
- Brickwork 46%
- Plastering 31%
- Roofing 19%
When it comes to why we spend time doing DIY, half (51%) say it’s because they love the chance to flex their muscles, while one in five (22%) claim they hate it but will do it to save money. One in ten of us (9%) would “have a go” but don’t think they’d actually be able to solve the problem. It is also clear that the traditional steps taken to diagnose and fix DIY issues are changing. Although one in two people (45%) turn to a professional tradesman, many are using online resources. More than one in four (29%) would go to an online search engine for advice while one in eight (13%) rely on YouTube tutorials to learn how to complete DIY.
For more information on home insurance and tips on ensuring your policy is right for
you, visit www.policyexpert.co.uk
Notes to editors
1 Policy Expert customer poll of 3,174 customers. Respondents were interviewed between 27 and 31 February 2014. The research was conducted online on behalf of Policy Expert by independent research company SmartSurvey.
* According to The Department for Communities and Local Government there were 14.5 million owner occupied households in the UK in 2009-10, and Policy Expert findings show that 52% of households will be embarking on some sort of DIY this weekend. This equates to 7,547,800 households.