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Social Networks Might Lead to a Rise in Home Insurance Premiums

Social Networks Might Lead to a Rise in Home Insurance Premiums

Users of online social networks might soon face increases in home insurance premiums, says an online comparison source Confused. In the opinion of its experts, criminals oftentimes track the location of homeowners with the help of various online social networks, which leads to an increase in the number of thefts and burglaries.
As criminals become more and more advanced, they use such online tools as Google Earth to plan burglaries, UK home insurance companies start to take affiliation to this of that social network into consideration when selling home insurance policies. Mr. Black of Confused predicts that home insurance providers might soon decline homeowners' claims if they have enough evidence suggesting the accident occurred due to homeowner's negligence.
To prevent home burglaries, Confused experts recommend turning off any location-based services in social networks and avoiding entering home addresses or telephone numbers.

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