Cost of burglary claims jumps by 9%

THE cost of burglary claims has risen by more than a fifth over the past two years, new data has revealed.

An analysis by The Co-operative Insurance shows the cost of claims jumped by 9 per cent last year as householders collect increasingly easily portable gadgets. The rise means the average burglary claim now costs £225 more than it did just two years ago.

“We’ve seen the average cost of a burglary rise dramatically over the past two years, which we believe is due to burglars stealing higher value items than they used to several years ago,” said Lee Mooney, head of home insurance. “Ten or so years ago most of us owned bulky, heavy electrical items such as desk-top computers and CD players, which were much harder to steal. ”