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LV Reveals Plight Of The British Neighbourhood

Thursday, November 27th, 2008

LV Reveals Plight Of The British NeighbourhoodThe British neighbourhood is in decline as street crime continues to make residents feel unsafe, LV= has claimed.

According to the group, nearly a third (32 per cent) have witnessed street crime of some description in their area in recent times, with fewer than a tenth (eight per cent) saying they feel that crime rates have dropped in their neighbourhood in the past five years. So too, more than a quarter (28 per cent) of respondents to the LV= study said that they feel unsafe walking around the area at night, while 24 per cent saying they would like to move house and relocate to a nicer locale.

For residents who are worried about the risk of burglary, taking out a homeowner loan could prove an effective way to ramp up security efforts by investing in items such as security lighting, new gates and fences and stronger locks.

Meanwhile, LV= warned that the rising threat of crime is one of a host of reasons that people feel their neighbourhoods are in decline, with crumbling public provisions also identified as a problematic area for many Brits.

Of those questioned, less than a fifth (19 per cent) said that they think NHS services in their area are of a good standard, making this the most inadequate service in the publics mind. By comparison, more than a third (38 per cent) said that they had access to good rail services in the community.

Many Brits also aired grievances about the growing burden of council taxes, with 40 per cent of people saying that rising taxes were the biggest problem for them personally. Consumers who have found themselves struggling as various economic pressures have mounted up may wish to consider taking out a debt consolidation loan.

Commenting on the study, John ORoarke, managing director of LV= Home Insurance, said: “This report shows that a large number of people throughout the country are not happy with the area they live in and although there are many reasons for this, part of this is because of the apparent rise in street crime over the years. It is only natural for people to feel they should be able to rely on the police and crime prevention measures to make them feel secure, but most people see standards largely as average, with a further quarter saying they actually regard it as poor. This paints a bleak picture of how large parts of society view their local areas.”

Further findings from the group showed that neighbourhood melancholia may be particularly pronounced in the capital, with 42 per cent of Londoners saying that crime has increased in their area recently, with 12 per cent feeling that incidents have risen a lot. For consumers who are keen to protect their home and possessions as a result of a greater perceived threat of burglary, taking out a homeowner loan may be an effective way to invest in new security measures. This may be particularly advisable during the winter months after Halifax that the darker nights bring a greater risk of break-ins.

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Homes Must Not Be Neglected In Battle To Protect Livelihoods

Tuesday, November 18th, 2008

Homes Must Not Be Neglected In Battle To Protect LivelihoodsAs the country teeters on the brink of recession, Abbey has urged people not to forget the importance of home insurance cover as they attempt to safeguard their financial security.

The firm explained that while many consumers main priority may be incubating their nest egg during these difficult times, it is likely that as people become more hard done by, there is likely to be a rise in the number of burglaries.

According to the group, there is a historic link between the financial fortunes of the country and the rates of burglaries and other instances of theft. Its records show that during the last recession, between May 1990 and March 1992, the number of residential break-ins rose by 33.8 per cent. So too, official figures from the British Crime Survey also show a similar heightened risk of burglary.

And in recent months, home secretary Jacqui Smith has warned that Britain may again need to brace itself against an impending spate of burglaries as more people are driven to the wall financially. In a public letter written in August this year, she alerted homeowners to the link between economic adversity and rises in acquisitive crimes such as burglary, theft and robbery.

Meanwhile, Abbey warned that those consumers who lack adequate insurance could find the stress of being burgled compounded by the financial constraints of replacing stolen items. This in turn could impact on their ability to make mortgage contributions or pay off credit cards and personal loans. In a bid to prevent such a scenario, the group urged homeowners to take out cover quickly to avoid being caught out by the recession and a concomitant rise in crime.

Responding to Ms Smiths suggestion that burglary rates will rise seven per cent this year and a further two per cent in 2009, Thierry Campet, sales and marketing director at Abbey Insurance, said that the admission should serve as a warning to consumers without cover.

“When household budgets tighten and families look to cut back on financial expenditure there are the usual outgoings that people feel they can cut back on. Wrongly, many people believe home insurance is one of these. However during these times, protection is increasingly important and should not be overlooked. At this stage, not many insurance policies provide cover for an unlimited amount. Policies without this provision may not cover you for the full amount of your home contents. Look for peace of mind with an unlimited sum policy,” he advised.

For those without such cover, it is possible that structural repairs and replacement of items will have to be covered using personal loans or existing savings.

Consumers who are concerned about the rising risk of burglary may wish to apply for a home improvement loan in order to boost their home security. Indeed, such measures could prove particularly useful during the winter months. According to Halifax, there is a sharp rise in the number of break-ins witnessed during this period as burglars take advantage of the extended hours of darkness.

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Clear Out The Car To Avoid Being Caught Out

Thursday, November 6th, 2008

Clear Out The Car To Avoid Being Caught OutWhile many Britons may be feeling the pinch at the moment, one car insurer has warned that failing to keep their possessions secure could end up putting their finances under further strain.

According to LV=, approximately a quarter of UK motorists have had their car broken into in recent months, with the group insisting that motorists may be driving this proportion higher due to a failure to make sure that valuables are kept out of sight or are removed from the vehicle. Research from the group indicated that as many as 80 per cent of UK motorists have left possessions for all to see in their car, with CDs being the most commonly displayed item. Some 55 per cent of respondents to the LV= study said they had left music on display while they were away from their car. However, nearly a quarter (23 per cent) may be putting themselves at greater risk by leaving expensive devices such as mobile phones on show.

The car insurance provider went on to claim that men are particularly negligent when it comes to removing valuable items, with a typical 380 pounds worth of possessions left inside vehicles owned by males. The national average was said to stand at 283 pounds.

For those who lack a robust car insurance policy, it is possible that they will have to dip into savings or apply for a personal loan in order to replace such items. This in turn could have a negative impact on their ability to make other payments such as mortgage contributions or electricity bills.

To avoid such a scenario, LV= warned that drivers should be particularly vigilant when leaving their car unattended in a residential area as this was found to be the most likely spot for a break-in to take place. Indeed, it noted that 40 per cent of such thefts occur when a vehicle is parked outside the owners home. Meanwhile, the group claimed that while many people perceive car parks as being crime hotspots, less than a tenth (nine per cent) of break-ins occur on this type of premises.

Emma Holyer, spokesperson for LV= Car Insurance, said: “These figures show a casual attitude amongst motorists when it comes to leaving their belongings in their car. The fact is that most car break-ins are by opportunist thieves who would probably not bother to break into the car if it looked as though it didnt contain anything to steal. Some car insurance policies will cover contents so motorists should ensure they have this cover so that if the worst happens they are not out of pocket. However, to avoid the hassle of having your car broken into, wed advise people not to leave any visible valuables in their car in the first place.”

For those who are looking for a new vehicle, taking out a car loan may prove an effective way to meet the cost. Indeed, this type of loan may also be useful in purchasing additional extras such as steering locks, immobilisers and alarms to act as a deterrent to intruders. Investing in such devices may be particularly important for those who are heading off to university after LV= last month warned that cities such as Manchester and London have the highest levels of car crime in the UK.

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Halloween Horrors Can Cause Costly Claims

Monday, October 27th, 2008

Halloween Horrors Can Cause Costly ClaimsAs Halloween draws near, consumers have been urged to protect themselves against a financial fright.

Tesco Personal Finance has pointed out that consumers can end up with hefty repair bills after being on the receiving end of pranksters tricks, with the group advising people to make sure their insurance details are up to date in an effort to avoid such an occurrence. For those who are short of protection and who are left to clean up the mess, they may have to resort to using homeowner loans or savings to cover repair bills.

As such, the group warned that whether people will be actively involved in the nights celebrations or will be hiding away from trick or treaters, they should not neglect to contact their insurer to check they are protected against acts of vandalism or other malicious attacks.

For those who are planning to indulge the ghouls and goblins roaming the street, the group urged them to make sure that they were well stocked up with sweets to avoid provoking the wrath of indignant imps and over-expectant ogres.

Meanwhile, homeowners who are not so keen on doling out the treats, Tesco urged them to turn off the lights at the front of their house to deter pranksters from knocking. As a further deterrent, the group urged people to download a “no trick or treat” poster from their local council website and display it prominently in front windows.

Residents who are worried that malicious trick or treaters will target their garden possessions in favour of the usual sweets, Tesco urged them to lock all valuable items away indoors or in the shed to limit the likelihood of being forced to claim belongings back on insurance. Meanwhile, for those without cover, stowing away valuable plant pots, statues or furniture may reduce the chance of having to dig into their own savings to replace the items. For those who do not have the cash to stump up for such possessions, taking out a homeowner loan may be necessary.

Jim Bruce, head of Tesco Home Insurance, urged people to get in contact with insurers to arrange cover, allowing them to avoid such a situation occurring.

“Halloween can be a fun time of year for most. However, whether accidental or intentional, some Halloween revellers get carried away and cause real damage to property as a result of their antics. If you get tricked rather than treated, its good to know that any serious damage done by others to your property is covered,” he said.

For those who are concerned about the safety of their property as all manner of ungodly creatures descend upon the streets at the end of this month, Tesco advised inviting friends and family over to provide an added sense of security. Meanwhile, new university students attending Birmingham, Bristol and Manchester may well like to give their insurer a call after LV= found that undergrads here are most at risk of crimes such as possessions and vehicle theft. For those who fall victim to such a crime without adequate protection, they may be forced to dip into their loan to cover replacement or repair costs.

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Bolts And Locks Needed As Clocks Go Back

Wednesday, October 22nd, 2008

Bolts And Locks Needed As Clocks Go BackWith the clocks due to go back this coming weekend and nights getting longer, residents need to protect their belongings as opportunistic burglars go on the prowl.

Such is the claim of Halifax, which has warned that there is a 20 per cent rise in the number of burglaries during the winter months, with the average haul at each break-in said to be in excess of 2,000 pounds last year. And the group warned that residents in London, Leeds and Manchester may have particular cause to keep their homes locked up tight after figures showed that these three cities had the highest incidences of burglary in the UK last winter.

In an effort to avoid falling victim to thieves, the firm urged people to follow a number of tips to help make their property less of a target. Principal among these suggestions was hiding valuables in the home, as well as marking all valuable items with an ultraviolet pen to help the police return the valuables should they be recovered. The group also added that home insurance will automatically cover the cost of replacement.

However, for those who lack adequate protection, it is possible that they will have to meet replacement costs with savings or personal loans. This in turn, could have an impact on their ability to keep up with financial responsibilities such as mortgage repayment and utility bills.

For those who wish to avoid such a scenario, Halifax also claimed that investing in a safe can help to keep valuables away from intruders. Meanwhile, in an effort to keep burglars from entering the property in the first place, homeowners were urged to fit strong, visible locks to windows and doors, in addition to investing in an alarm system. Consumers wishing for a way to make such purchases before the winter truly gets underway, taking out a quick loan could be of interest. Such a loan could also be put towards raising walls or planting deep hedges, both of which Halifax recommended.

The firms senior claims manager Martyn Foulds commented: “We tend to see burglary claims start to rise around this time of year - and with the average burglary claim now reaching over 2,000 pounds it is certainly worthwhile taking some simple and cost effective measures to avoid becoming an easy target. Although home insurance will cover any financial loss, some items such as family heirlooms and items of sentimental value cannot be replaced, so its far better to avoid a burglary happening in the first place.”

Meanwhile, for those who are unfortunate to find their homes broken into, Halifax concluded by advising them to report the crime to police and insurers as soon as possible. Earlier this year, Newcastle Building Society also urged people to be more diligent to avoid such a situation arising. The group claimed that more than a tenth (11 per cent) of people admitted to leaving the house without locking the front door.

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Communities Come Together In Tussle With Crunch

Tuesday, October 14th, 2008

Communities Come Together In Tussle With CrunchDespite widespread reports of economic crisis, it seems that Britons are banding together and battling on.

Such is the claim of the childrens charity Ray of Sunshine, which has suggested that throughout the country there seems to be a reversion to an earlier era of kinship and austerity, with the older generations leading the charge into community togetherness. While 76 per cent of 18 to 24-year-olds said they tend to keep themselves to themselves and not socialise with their neighbours, more than nine out of ten (93 per cent) of Brits over the age of 55 said that they know something about those living close to them.

Not content with getting to know nearby residents - 81 per cent of Britons could greet their neighbour by name - Britons of all ages are even friendly with their local pets. According to the charity, 33 per cent of people know the name of their neighbours animals, which the group said added weight to the perception that Britain is a nation of animal lovers.

Furthermore, Ray of Sunshine claimed that as a country, UK residents are a trusting bunch. It noted that while incidences of crime are on the increase, many Britons are happy to let their neighbours know where they keep a spare key. According to the study, ten per cent of the population knows where keys are kept, while a further five per cent even know their neighbours alarm codes.

Consumers who are unfortunate enough to have been caught out by crimes such as burglary and theft in recent months, the costs of replacement may well have compounded their ability to keep up with other burgeoning demands such as food and fuel costs, credit cards and personal loans.

But despite growing financial pressures and rising crime levels, the childrens charity insisted that the nation is refusing to let this hurt their sense of community spirit. Residents in Scotland were said to have proved particularly resilient in the recent doom and gloom, with 95 per cent of respondents north of the border saying that they have got to know their neighbours. Meanwhile, 85 per cent of citizens in the south-west said they had done the same. Furthermore, the group claimed that while London may have something of a reputation as an impersonal and anonymous city, a "surprising" 83 per cent of consumers in the capital said they knew something about their neighbours.

Commenting on the statistics, Tim Shaw, chief executive officer of Ray of Sunshine, claimed: "From our work granting wishes for children living with serious illnesses, we know that people tend to band together and support each other in difficult times. It is encouraging to see that communities are doing this in response to the tough economic climate. Just greeting someone by name, or inviting them in for a cuppa can bring a ray of sunshine to their day and give the whole community a boost."

For those who have found an increased need for financial support as well as community spirit as the economic climate has grown more miserable, taking out a debt consolidation loan may be of interest. Opting for this type of loan may be particularly useful for the 42 per cent of respondents to a recent study by Abbey which claimed that managing repayment responsibilities was now their biggest concern in their household.

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Counting Crime Costs At University

Monday, September 29th, 2008

Counting Crime Costs At UniversityWhile many new students may be excited about living away from home, it is important to keep security in mind while at university. LV= has claimed.

Statistics from the insurance group have shown that the chances of becoming a victim of burglary or car crime can differ substantially from one campus to another. Those heading off to Birmingham, Bristol and Manchester were urged to be particularly mindful of such occurrences as these cities topped the list in terms of overall exposure to crimes such as possessions and vehicle theft. Meanwhile, Lancaster undergraduates may feel slightly safer as this was found to have the lowest incidences of such crime. Meanwhile, Durham and St Andrews were also said to present a low level of risk, with Aberdeen and Cambridge closing the top five safest university destinations.

In terms of both car crime and burglary, Manchester was found to be the most dangerous place for students and their possessions. As such, students in the north-west city may wish to pay particular attention to LV=s calls to be proactive in taking out insurance to cover belongings. For those who fail to do so, it may be possible that they have to dip into their loan to pay for the replacement of stolen items.

Doing so may be of particular importance for other city-based undergrads after the insurer warned that many major destinations such as London, Bristol, Cardiff, Sheffield and Birmingham fared little better than Manchester in the burglary and car crime stakes.

Commenting on the report, Emma Holyer, spokesperson for LV= home and car insurance, said: “When you are starting university its easy to overlook sorting out insurance when there are so many other things to think about but students can become victims of crime like any other person. Students should put insurance cover in place for their possessions and also update their car insurance if they are moving away from home. Some home insurers include cover for students going off to university, so parents should check their documents to see if their policy includes this cover, otherwise a separate policy can be taken out.”

She went on to state that it was important that students with cars informed their insurance provider if they change address. Failing to do so could leave motorists with an invalidated policy should they need to make a claim. In such an event, people could find themselves paying for a new vehicle out of their loan or savings.

Making sure their car insurance policy is up to date may be of particular importance for those living in Birmingham after data showed that residents here were most likely to have their car stolen.

Students may also like to remain vigilant when walking the streets of their new setting after figures from Zurich showed that that the average Briton carries more than 1,000 pounds on them in personal belongings. The financial services provider warned people to use devices such as mp3 players and mobile phones surreptitiously in order to reduce the likelihood of being targeted by muggers.

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