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SGIO has been providing insurance in Western Australia since 1926

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Renters an easier target for thieves

25/05/2009
Many WA renters could be easier targets for thieves because they lack decent home security, according to new research* by SGIO.

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, just over half of renters had deadlocks (59%), compared with nearly three quarters of home owners (71%).

Just over one in ten renters had a security alarm (16%) compared with about one in three home owners (30%).

SGIO State Manager Colin Tierney said the findings were a concern, especially given that renters were significantly more likely to experience a burglary than homeowners.**

“Thieves are generally opportunistic, so they will usually target homes with lower levels of security,” Mr Tierney said.

“The rental market is competitive, but if renters are uncomfortable with their level of home security, they can consider negotiating improvements as part of their lease agreement.”

Mr Tierney said that despite the increased risk of burglary, a greater proportion of WA renters (52%) had no contents cover than in other states in Australia.

“Half of WA renters surveyed (50%) who did not have contents insurance claimed they could afford it, but preferred to spend money on other things,” Mr Tierney said.

"We don’t always appreciate the value of everything we own, particularly clothing and electronic equipment such as laptops, cameras, MP3 players and game consoles,” he said.

“SGIO claims data shows that digital cameras, MP3 players and game consoles are becoming as popular with thieves as the traditional targets of cash, purses, handbags or wallets.”

Mr Tierney said security alarms were now also a more cost effective and legitimate option for renters.

“Many security providers now supply wireless alarms, which are easy to install and can be packed up, so you can take the alarm with you as you move,” he added.

* Based on research commissioned by SGIO in February 2009.
** Based on SGIO claims data.

 

If you are a journalist seeking additional information you can contact our Corporate Affairs team on (02) 9292 9742.

 

 

SGIO is a provider of car insurance, motorcycle insurance, home insurance, business insurance, travel insurance, boat insurance and caravan insurance in Western Australia.  Get your insurance quotes today. For insurance in other states and territories visit NRMA Insurance in NSW, ACT & TAS, NRMA Insurance in QLD or SGIC in SA. SGIO is part of the Insurance Australia Group, who also own Buzz Car Insurance and Home Insurance.

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