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Insurance statistics
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Did you know there is a burglary every 20 seconds in England & Wales and 34% involve the theft of jewellery? |
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| The ABI estimated that in 1998 there were 2.6 million claims on household insurance (buildings & contents) costing in the region of £2.9 BILLION. |
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| Estimated fraud on these claims cost £150 million. The real cost will never be known. |
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| Less than 1% of recovered property is returned to its owner. |
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| e-register™ is set to turn these statistics around. Unlike other registers e-register™ give insurers information on valuable items before a loss is reported, which can be used at time of underwriting. | |||