NRMA Insurance Issue Home Security Reminder for Renters

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New research commissioned by NRMA Insurance reveals renters are at a higher risk of burglary.

Our claims data has shown renters are up to 50 per cent more likely to experience a burglary, so it's worth discussing home security

Many renters could be easy targets for thieves because they lack decent home security, according to new research by home insurance provider NRMA Insurance*.

In a recent survey, one in three renters reported they had no significant security measures, such as deadlocks on doors and windows, alarms and sensor lights.

According to the research, 59 per cent of renters had deadlocks, compared to 71 per cent of owner occupiers. Renters were also less likely to have a security alarm (16 per cent) compared to home owners (30 per cent).

NRMA Insurance spokesperson Frank Adler urged renters who were unhappy with their level of home security to raise it with their property manager.

"Our claims data has shown renters are up to 50 per cent more likely to experience a burglary, so it's worth discussing home security," he said.

"Thieves are generally opportunistic, so they often target homes with less security," he said.

"The rental market is competitive but home security is important for peace of mind. If renters are uncomfortable with their level of home security, they could consider negotiating improvements as part of their lease agreement."

Mr Adler said renters could consider wireless alarms to boost security.

"Wireless alarms are suitable for renters because they're fairly affordable and can be taken from household to household," he said.

Mr Adler said despite their increased risk of theft, almost 50 per cent of renters had no renters insurance cover for their belongings.

"Often renters don't appreciate the value of everything they own, particularly clothing and expensive electronic equipment such as laptops, cameras and audio equipment," he said.

Mr Adler said NRMA Insurance recognised the need to make it easier for renters to protect their valuables and recently introduced a number of features to help the growing rental market.

"We've made it easier for renters who are sharing accommodation to take out individual policies if required," he said.

Visit the website for more information on renters home contents insurance from NRMA Insurance.

*Based on research commissioned by NRMA Insurance in February 2009.

**Based on NRMA Insurance claims data.

About NRMA Insurance:
NRMA Insurance is a leading insurance provider in Queensland, Australia. NRMA Insurance offers online car insurance quotes, home contents insurance, motor insurance and more at competitive prices.

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Sue Hawkins
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