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Lloyds TSB Insurance: Britons fear theft

19 October 2005
Young people are afraid of street theft because they carry expensive, hi-tech items around in pockets and bags, according to a survey by Lloyds TSB Insurance.

Over a quarter of people polled by the insurance provider said that they carried expensive items such as iPods and mobile phones everywhere they went.

Managing director of Lloyds TSB Insurance, Phil Loney, said it was "vital that anyone carrying valuables outside checks that they have extended home contents insurance, to cover them in case something does happen".

The findings of the survey revealed that one in ten people regularly carry up £300 worth of valuables with them in public and one in ten carry items worth up to £400 every time they step out of the house.

Almost 40 per cent of young people aged 16 to 24 admitted that they felt at risk from street theft.

According to recent statistics from the British Home Office, there has been a 40 per cent rise in the theft of iPods and other MP3 players in some parts of the UK.

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