Summary
The number of people who have been robbed of things like mobile phones has rocketed in one year. So you might want to consider a home contents insurance policy that will also cover your property if it gets stolen on the streets.

Home Contents Insurance Can Cover Street Theft. Page 2

Author: Bridget Carter

"You have to check your household contents insurance has got it," she says.

Ostler reminds people, however, that insurance or no insurance, people also need to take simple precautions with their property when they take it outside the home. "We tell people to take care and use your common sense when you are going out - not to leave your mobile phone or your mp3 player on the table or a bar."

You have to pay extra for 'All-risks' cover, but it means your property will not only be covered for theft, but accidental damage and loss.

And you need to check and compare the price to make sure it is worth your while.

Insurance company Endsleigh offers home contents insurance with an All Risks Extension for an annual home and contents policy for almost £280. This covers up to £1000 worth of property taken outside your home. Norwich Union UK offers an annual cover for a minimum of £15,000 worth of property with an All Risks Extension for £260.99. This covers everything inside your home including £6000 for valuables like mobile phones. It also covers £2000 worth of your property away from home. For this you pay a £100 excess.

So before you sign up for insurance with your mobile phone company, check you do not already have cover with your home contents provider. You might be pleasantly surprised that you have insurance for your property outside the home already.

Source: ABI, Insurance Companies and BBC website article 'Phones and MP3s fuel robbery rise' 20 July.