Street crime is outgrowing burglary as smaller gadgets, such as ipods and videophones are proving more attractive to thieves.

Recent home office figures show muggings are up by 40% on last year in some areas of the UK, however the number of burglaries looks set to drop. Research from insurer, More Than, has found the average 16-24 year-old owns over £5,300 worth of gadgets – many of which are carried on their person.

David Pitt, head of insurance at More Than, said: “As this research highlights, there is a proliferation of small but high value gadgets not only in the home now, but also on our person as we go about our daily life. It is important to ensure you have enough insurance cover for these items both in the home and when you are carrying them about on your person.”