Home insurance provider warns of burglary increase
A leading home insurance provider in the UK has warned that the recession may see the number of domestic break-ins rise by 50 per cent.
Norwich Union, one of the UK's leading home insurance providers, has warned that the recession may cause the number of domestic break-ins to rise by as much as 50 per cent.According to home office figures, there were 280,000 burglaries in the UK last year and Norwich Union believes this figure may rise by a further 140,000 as unemployment bites and people become increasingly desperate.
Norwich Union estimates that people in the UK could have goods worth a total of £420 million stolen this year if the number of burglaries does rise by 50 per cent.
Simon Warsop, director of home pricing at Norwich Union, said: "History shows that when unemployment rises we also see an increase in crime and unfortunately the latest home office figures obviously show an upward trend in domestic burglary."
Recently, Halifax Home Insurance issued a list of tips aimed at helping people make their houses more secure, which included installing lockable windows.
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