Obligatory safe may not bring down premiums

November 23, 2007 by admin  
Filed under News, News-Insurance

Buying a safe may ensure that providers will cover you but it will not necessarily lower your premiums, an industry expert has said today.

Anthony Neary at The Safe Shop, explained that while some insurers will insist the customer owns a safe before they can get cover, other factors are more likely to help bring down your premium.

He said: “Door locks and window locks will bring your premium down if you’ve got those fitted but safes are a bit different.

“Certain customers are told that they must buy a safe otherwise they’re not going to give them cover for whatever items they’ve got there.”

Meanwhile, the British Crime Survey recently revealed that 300,555 offences of burglary were recorded in homes in England and Wales from 2005 to 2006.

This number represents a seven per cent decrease from the previous year, with criminal damage offences also down by four per cent.

The Home Office reports that most burglaries are conducted by opportunist thieves, with two in every ten burglaries not involving force.

Tags: security, Containers, Home Office, expert, lower your premiums, safe shop

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