The contents of school bags across the country are worth nearly £1 billion, but are often being left unattended and used, for example, as goalposts for football.
New research released by the Money Advice Service revealed that one in 10 children aged six to 10 takes an electronic tablet to school, while over half of 11 to 16-year-olds take a smartphone. And 22% of mothers say their child's items are worth more than those they carry in their handbag.
Just 16% of parents have personal possessions insurance that covers the contents of a school bag, while 50% of those with personal possessions insurance do not fully understand it.
The popularity of personal devices such as iPads, smartphones and MP3 players means pupils carry, on average, at least one electronic item with them to school.
Despite 36% of parents saying they would be upset if their child lost their school bag and 14% saying they would worry about the cost of replacing the items, 19% know their child leaves their school bag unattended in public and only the minority have adequate insurance.