Friday, 14 August 2009

Theft and burglary hotspots revealed

The UK's most likely areas to be victims of theft and burglary have been revealed, with Nottingham topping the list.

London claimed five of the top 20 areas which were most at risk, according to the research from moneysupermarket.com.

The price comparison site analysed 2.6 million home insurance inquiries last year, with NG5 in Nottingham taking top slot for the most claims by postcode.

Julie Owens, head of home insurance at moneysupermarket.com said: 'Along with many other UK cities London and Nottingham are classed as high risk areas for crime and it is no surprise to see these areas dominating the top 20.

'Properties classified as being in a 'high-risk' area - whether that be for crime, or something like flooding or subsidence, could mean the price of your insurance premiums will be affected. Unfortunately there is no escaping this and to make matters more complicated, there are no hard and fast rules which apply.

'With the UK in the midst of recession, and recent ABI statistics reporting that in the first quarter of 2009, the cost of burglary insurance claims topped £100 million, making it the most expensive quarter for five years, homeowners need to be extra vigilant when it comes to security for their homes.'
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