A property specialist has highlighted a crucial mistake that homeowners may be making, potentially costing them nearly £3,000. Heath Alexander-Bew, from the Alan Boswell Group, has issued a warning about neglecting security upgrades in homes. He emphasised the importance of installing British standard security measures to avoid facing insurance problems in the event of a burglary.
According to Ewing Associates, burglaries can incur an average cost of around £2,800 for homeowners. In 2023, three million theft incidents were reported, with one in five people experiencing a burglary in England and Wales. Policy Expert advises that insurers expect a minimum level of security in homes to process any claims after a burglary. Failure to meet the security requirements outlined in the policy could result in a rejected claim.
The Policy Expert suggests six main lock types for homes, including the five-lever mortice deadlock and multi-point locking systems. Ensuring proper security measures not only protects the home and belongings but can also save money and prevent potential break-ins. It is vital to meet the security standards specified by insurers to maintain coverage and financial protection.
In conclusion, homeowners are encouraged to invest in quality security features to safeguard their homes and deter potential intruders. Neglecting security upgrades could lead to substantial financial losses in the event of a burglary. Stay informed and take necessary precautions to protect your property and assets.