Brits Bank On Home Security

About one in five (19%) of Brits don’t trust banks to keep their money and valuables safe. People are instead opting for home security measures whilst hiding money and valuables at home, it’s claimed.

Monday 31st October 2016

With security options available, 3.2 million people (5%) across the UK now have surveillance cameras with a motion sensor linking to a mobile app. However the most popular method of keeping intruders at bay is still the traditional ruse of ‘leaving a light on in the house when it’s empty’, with 34% of Brits relying on this. Other steps taken are locking internal doors (26%), setting an alarm (24%) and leaving the radio or TV on (12%). One in 20, 5% of Brits however don’t even double check windows and doors are locked before leaving the house. The North East take the least precautions with 13% confessing to doing nothing aside locking their front door to secure their house before going out. This is all according to a survey from the price comparison website comparethemarket.com.

Due to low interst rates, almost a third of Brits (31%) don’t see the worth of keeping money in a bank account; and 19% of people ‘don’t trust banks to keep their money safe’. When presented with the question as to whether they would rather ‘store valuables at home or in an external safety deposit box,’ almost a third (32%) reinforced the idea of distrust in companies holding their possessions, instead opting for the ‘at home’ option. The top hiding spot for valuables is an old favourite – the underwear drawer, which 23% of people opt for. Then comes the wardrobe (21%), under the bed (13%) and in a cellar or loft (11%). About one in seven, 14% of security-conscious Brits have a safe in their house for storing high value items.

Despite people keeping more belongings at home, one in five (20%) do not have contents insurance to protect them, and this rises to 49% among 18 to 24 year olds. People over 55 are most cautious when it comes to insurance with only 9% not covered, the research shows.

This research marks comparethemarket.com’s release of tips https://www.comparethemarket.com/home-insurance/content/think-your-house-is-secure/ for keeping a home and valuables safe, according to a reformed criminal. For example, if you think to leave a house key under the flowerpot; burglars can think of looking too.

Gemma Schwarz, Head of Home, comparethemarket.com says: “Everyone understands it’s important to keep their home and belongings safe, but there is often a complacent mentality that crime is only something that happens to other people. We hope that by exposing these myths with the help from a reformed burglar, that people will be able to keep their valuable, as well as their priceless items, safe.”

                                

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