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Burglary could rise during recession, says Norwich Union

Fri, 24 Apr 2009

Home insurance provider Norwich Union has said that house theft could rise by as much as 50 per cent by the end of this year as the recession becomes worse.

According to Home Office statistics, there were 280,000 burglaries in the UK last year, so the home insurance company's predictions, based on figures from previous economic downturns, could lead to an extra 140,000 thefts in British homes .

Norwich Union has urged homeowners to take the necessary simple steps to deter criminals, such as ensuring windows are closed and sheds are secured and locked.

Simon Warsop, director of home pricing at the home insurance provider, said that, judging by previous recessions, "we would expect to see burglary rise by around a half by the end of the year".

He added: "Although theft represents a small percentage of home insurance claims we are still concerned by the effect this could have on homeowners."

A recent survey by Halifax Home Insurance revealed that two-thirds of young people would feel safer in the city than in the deserted countryside, while older homeowners prefer a rural environment.
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