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Personal finance: What's lurking in your attic.

Britain's attics are hiding millions of pounds of valuables which many owners fail to realise the full value of, according to insurer Hiscox.

Hiscox' risk management surveyor and BBC TV Flog it! valuer and auctioneer, Andrew Cheney, has published a list of Britain's top ten most common hidden valuables - those forgotten-about items which may have been growing in value while left lying around in the attic or in an old chest of drawers for years.

According to Hiscox, hidden valuables are contributing to growing levels of underinsurance in the UK, leaving many homeowners vulnerable to loss if they become the victim of theft or damage to the home.

With or without hidden valuables in the attic, home contents values are soaring by 50 per cent every five to ten years.

Mr Cheney said: 'Valuables is a broad umbrella term covering a variety of subjects with value where you may least expect it.

'Toys forgotten about since your children became teenagers and stamps on old correspondence inherited from relatives are just a couple of examples of hidden gems which you may not realise you own.

'Today, more than ever, it is worth having a root around the home to uncover such hidden treasure
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Title Annotation:Business
Publication:The Birmingham Post (England)
Date:Mar 19, 2005
Words:202
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