At this time of year, people may be holding an unusually high amount of cash at their property: to pay for large Christmas purchases or holiday money if they are about to go on a winter sun or skiing holiday.
Defaqto analysed 299 home contents insurance policies and found that:
26 per cent of home contents insurance policies provide cover of less than £500 for cash in the home, and
A further four per cent of policies provide no cover
It is important to check that your home insurance policy provides an appropriate level of cover.
Mike Powell, Defaqto's general insurance analyst, said: "Some people may have considerable amounts in money if they're about to go on holiday or buy something expensive using cash. Coverage for cash differs considerably among insurance policies.
"Burglaries increase during the winter months with the long dark evenings and it's important that you check that you've got adequate cover in case you become a victim."