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Burglars’ activity rife during recession

September 21, 2009 by admin  
Filed under News, News-Insurance

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On the back of the recent huge robbery at a London Jewellery store, where £40 million worth of loot was taken, industry officials are now warning consumers to be on their guard.

According to reports the activity levels of burglars in the UK have been rising during the recession, and consumers need to bear this in mind. Figures were recently released by the insurance company Direct Line with regards to burglary levels over recent months.

Officials from the insurance giant have said that June and August have been the busiest months for burglars, and whilst on holidays around 16 percent of households have been burgled.

Amongst the most popular items that are taken by burglars are electrical goods, jewellery, watches, mobile phones, gadgets, and cash. Officials are now urging consumers to check that their policies for home insurance are up to date, and that they pay more attention to the security of their homes to minimise on risk.

Whilst some households may find that they have to pay out a little extra for extra security and increased cover officials have said that in the long run it could save a fortune as well as a lot of stress and hassle.

If any items in the home are worth more than £1500 they will usually need to be named individually to the in insurance company, but one official said that this is not necessarily as costly as some may thing.

She said: ‘Adding individual valuable items doesn’t have to be costly. For example, adding a £2,000 engagement ring to a typical home contents policy would cost about an extra £10 a year. Remember, though, that individual risk factors play a part in the added premium, such as where you live and the level of crime in your area.’

Tags: hassle, burglary, theft, Insurance, company, August, GBP

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