Brits have spent £15m on gadgets in 5 years

Wednesday, 10 August 2011

In the past five years, UK adults have spent £15 billion on gadgets, yet a third of these gizmos are no longer being used.

We recently conducted research which found that in the same period Brits have thrown away around £684 million worth of their digital devices.

Our report also revealed that on average every UK adult has bought around six electronic products, and over a third have bought more than this.

James Barclay, our home insurance manager at swiftcover.com, said: "Having the right insurance in place is essential otherwise the risk of losing thousands of pounds worth of gadgets and their content is very real."

He added that the lifespan of gizmos are getting shorter and shorter with many people replacing the devices with more up to date and expensive models.

Moneysupermarket.com recently revealed that it is important people make sure their home insurance covers their property if they go on an extended holiday this year.

Posted by Rebecca Mellor

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