The Party Season is upon us - but are you covered?

With spring in the air and a bank holiday just around the corner, the chances are your teenager's plans for a party are well underway.

Sarah Ruscoe hit the headlines earlier this year when 2000 partygoers trashed her parent's £3m home while they were on holiday.

The 18 year old posted "all welcome" posters throughout the school; an invitation taken so seriously it was flagged up on MySpace and mentioned on Radio1. But while a teen party can prove a big headache for long-suffering parents - when it causes thousands of pounds worth of damage it can hit your purse strings as well as your stress levels.

The chances are your insurer will refuse to pay out if your home is ruined by a wild shindig thrown by your children.

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Clauses in most home cover policies mean that damage to your possessions and property may not be covered. Especially if you or your family are deemed to have behaved recklessly, such as promoting your party on the internet through social networking sites Facebook and MySpace or allowing strangers into your home.

"An invitation on MySpace can be accessed by anyone so it will be seen as an open invitation for all to come along, even those that you don't know, says Asia Manzoor, spokesperson for insurance company esure.

"Friends and family will take care in your home and respect your belongings, while people you don't know will have no reason to be careful and value your personal property. House party guests must be known to you and in your control - they cannot be random people off the street."

Typically, insurers will take into account the level of care you have taken to prevent damage to your home. If you have allowed your child to throw a big bash in your absence, then this could be seen as failing to take care of your property.

Do you have the best coverage for your home insurance? Find out now.

01 May 2008 © Moneyextra.com

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