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Burglary levels set to rise

January 4, 2009 by admin  
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According to recent predictions the number of burglaries taking place across the UK is set to rise as a result of the economic downturn and reports show that burglary is set to become a growth industry in the current climate. Officials have said that during the last recession in the late 1980s and early 1990s the number of domestic burglaries increased by around a third, and figures suggest that by the end of this year the number of burglaries in the UK may have risen by 7 percent.

It is also thought that there could be a further 2 percent rise in burglaries in 2009, as the economic downturn continues. Households are now being advised to check their household insurance is up to date and that they have adequate cover in place, particularly if they have more valuable items in the household due to Christmas gifts and purchases. In light of the prediction consumers need to contact their insurance providers and make sure that they have the right level of cover in place.

James Harrison, chief executive at comparison website insurancewide.com, stated: ‘It only takes a phone call to your insurer to make sure new items haven’t taken you over your cover limits. Many insurers will not insure you for more than £50,000 of contents unless you choose a provider offering unlimited cover. It’s a trade-off between perhaps paying a bit more for the peace of mind of an unlimited policy, or going for a budget option. But either way it pays to check your valuables are covered.’

Whilst some insurance firms do automatically increase cover for free for a month or two over the Christmas period this is not always the case, and the increase is only temporary so consumers need to make sure that they check their cover with their provider to see whether a further increase is required.

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