“As George Bailey himself states, the family home is a ‘drafty old house’ which is sure to send alarm bells to insurers. The house itself is located in a low-risk area, however inside is another matter entirely. With the Bailey’s home looking dishevelled, and factors such as the staircase railings looking as if they’re near collapse, insurers, when measuring the physical state of the property, will mark it in red meaning the premiums are sure to be higher.
The house is also not secure, meaning rates will also be higher, although the contents insurance is unlikely to be as expensive. Overall the Bailey’s should expect a high insurance bill, the highest in fact against its fellow Christmas house competitors.”