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Sporting goods thefts ‘could contribute to debt problems’
Tuesday, August 31st, 2010People not wanting to add to their debt concerns may want to make sure their home goods are not vulnerable to thieves, it has been advised.
A new study by Hiscox found sporting equipment may be particularly susceptible to burglars as it discovered kit worth around £770 is potentially being left unsecured and uninsured in gardens and garages.
The research showed 53 per cent of respondents often store expensive items such as bikes and golf clubs in yards and car boots during the summer months, while 26 per cent admitted they do not always secure their outbuildings in an effective manner.
Austyn Tusler, home insurance expert at Hiscox, said: "The value of sports equipment can really add up as people pursue outdoor activities and invest in sophisticated and expensive kit."
M&S Money recently urged homeowners to make sure their properties are adequately secured before they head off on holiday in the coming months.
By James Francis
