Thefts costing students £126m per year
Parents need to make sure their children’s home contents are insured and that they are security-conscious when they go to university, Churchill has warned.
The home insurance provider gave the warning after its latest research revealed that student thefts were costing £126million per year.
The research reveals that nearly half of all students (47%) suffered from theft last year, costing them £323 each. Over 391,000 students had personal items such as mobile phones, i-pods and TVs stolen whilst they were away studying. And, as students are taking away possessions adding up to an average £2,515 to university, thieves are seeing them as an easy target.
Martin Scott, head of Churchill Home Insurance, said: “Insurance and adequate security is unlikely to be at the forefront of parents’ minds as their children go off to university, but many will be surprised at the value of possessions being taken into shared accommodation or halls of residence. Typically these include an array of high value, portable, technical goods which are very attractive to opportunist thieves.”