Claims Reaching One In A Million
They say crime doesn’t pay, but what about how much it costs? Will you be shocked to discover the rise in car crime has led motor insurers in the UK paying out a staggering £1million a day? This has been a knock-on effect of a concerning growth in vehicle crimes in the country. Where, according to the Association of British Insurers, keyless car crime, amongst other areas, play a pivotal role in the increase of claims. It can be hard to appreciate the scale of the problem. There is a new car theft claim around every six minutes. What’s more, there has been an upsurge in the cost of car theft, or items stolen from vehicles. Motorists have seen it go up by almost 30% year on year. Over the past 12 months. There were over 50,000 claims, reaching record levels of £376 million, amounting to £1 million a day. This follows in line with the escalation in vehicle crime in the UK which, going by Home Office statistics, has seen the number of car thefts increase by approximately 50% in the ...