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Brits warned of their on-the-street value
07/08/2006

Britons are walking the streets with an average value of £851 in their possession, new research reveals.

Designer watches, mobile phones, laptops and iPods are boosting the average Briton's on-the-street value, according to Zurich Insurance.

Additionally, many individuals carry large amounts of money on their person, with over-55s storing an average of £40 in their pockets and 25-34-year-olds holding an average of £25.

Zurich Insurance has warned British consumers that their expensive gadgetry and designer clothing could increase the risk of them becoming a victim of crime.

The company highlights the fact that there was an eight per cent rise in street crime in 2005 - the Home Office suggested that the increase in mobile phones and MP3 players was part of the reason for this.

Martin Hall, head of home underwriting at Zurich Insurance, said: "Everyday we are walking around wearing or carrying things that that are worth a surprising amount - and many people aren't aware of the total value of all of their gadgets and gizmos.

"Nearly half of our respondents in the survey were surprised at the value of their possessions, having taken the time to add them up."

Earlier this year, Zurich Insurance indicated that more than 90 per cent of its millionaire customers had invested in security measures in order to protect their family's possessions.

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