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Aviva expects surge in burglary
Written by Gary Howes   
Thursday, 23 April 2009 14:34

Aviva says it is an inevitable consequence of recession that burglaries increase.

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The UK's biggest insurer Aviva (LON:AV) believes there could be a 50% increase in household burglaries by the end of 2009 as the recession is  exacerbated and unemployment figures soar.

Last year there were over 280,000 burglaries according to the Home Office - and Aviva believes the UK could witness an increase of more than 140,000 burglaries nationally by December.

Norwich Union estimates this means UK homeowners face losing over £421 million of stolen belongings.

But the insurer believes that by taking simple security measures homeowners can reduce their risk and prevent the prediction from becoming a reality.

Simon Warsop, director of home pricing, at Norwich Union, soon to be Aviva 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.

"If this recession follows the pattern of previous recessions we would expect to see burglary rise by around a half by the end of the year.

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

"However we agree with the Government that these figures don't have to be inevitable: ensuring windows and doors are properly locked, sheds are secured and properties kept in good order can all deter the opportunist burglars who are looking to make a profit from your home."

Norwich Union has been working with the Home Office on their campaign to highlight the importance of home security.

In a bid to help advise home owners on the risks and weak spots around their home, it has analysed claims data to discover what the prime targets are for thieves.