One in 20 dog owners who have lost their pet believe it was stolen and a third of owners say they are concerned their dog will be dognapped according to a new study.
Highlighted by the high profile theft of Elizabeth Hurley's two dogs, awareness of this crime is at an all time high.
As a result of the recent dognapping wave, 48 per cent of respondents said they had fitted their canine with a tracking microchip, with another 22 per cent saying they aren't letting their dog off the leash.
Interestingly, should owners lose their dogs they are willing to offer an average of £450 in reward money to get their pet back.
Yet people don't seem to be as willing to ensure they have adequate cover should their pet be stolen. Sainsbury's Bank estimates that a surprising fifty per cent of policies provide adequate compensation.
Chris Price, business manager at Direct Line Pet Insurance said: "In the event of a suspected theft people should contact the police and alert their insurance company. They may be eligible for money that can be used as a reward incentive."
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