Heavy handbag, heavy crime

Big bags remain a must have accessory this spring but, according to Cheshire Building Society, the style-conscious are at risk of becoming more than just fashion victims.Recent statistics reveal more than 45 percent of people carry between £200 and £500 worth of personal belongings on them every day*. This includes mobile phones, mp3 players and laptops, not to mention wallets and purses.

As a result, the Society, which provides home insurance underwritten by Royal & SunAlliance, is urging people to check their possessions are adequately insured, particularly as they typically hold up to ten expensive items**, and a big bag means big bucks for criminals.

Karen Torson, Cheshire Building Society Partnerships Business Manager, comments: “Followers of fashion are fans of the over-sized handbag, however, it does mean people can pack more contents in.

“It is important that people don’t underestimate what their belongings are worth and should check that everything being carried around with them is covered by their home insurance policy for loss or theft.”

* Cheshire Building Society surveyed 318 people in September 2007.

** 90 per cent of people surveyed admitted carrying up to ten expensive items.

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