As economists foresee a continued decline in the global economy and a notable rise in unemployment, it’s expected that crime rates, including burglary, will increase. So, how can you best safeguard your possessions during these challenging times?
The recent pandemic and the lockdown measures imposed in many countries have forced people to stay at home. While this has led to a rise in home burglaries in some areas, other regions have seen a decrease in such crimes, as criminals have had fewer opportunities to target homes that were unoccupied during working hours or holidays.
However, as people return to their normal routines, these opportunities for crime are likely to resurface. With increasing unemployment rates, homes may face even greater risks than before.
The Link Between Unemployment and Crime Rates
Research shows a connection between unemployment and crime. For instance, VOX, a forum for research-based policy analysis, cites data from the US, Sweden, France, and Germany showing that unemployment has a significant impact on both total and property crimes.
A study published in the Journal of Quantitative Criminology and reported by Harvard Kennedy School’s Journalist’s Resource indicates that individuals who are out of the labor force and not actively seeking work are more likely to commit burglary and robbery.
As unemployment numbers rise, crimes like home burglaries are expected to increase.
“On average, a home robbery lasts only about 12 minutes.”
Home Burglary: What Are You Likely to Lose?
In addition to cash, most home burglaries result in the theft of small, easily portable items that can quickly be converted into cash, such as jewelry, car keys (and the car itself), passports, ID cards, and other personal documents.
Apart from the risk of burglary, there’s also the threat of losing essential documents in the event of a fire. These could include insurance papers, receipts for high-value goods, and property deeds, all of which may make insurance claims or proof of ownership very difficult.
The Rising Demand for Home Safes
Home burglary proof safes are no longer just for banks and businesses. Smaller, more affordable safes have become a popular way for homeowners to protect their valuables from burglars. As demand grows, the variety of safes available has expanded. So, how do you choose the right one for your needs?
Start by asking yourself these questions:
- What valuables do you want to protect?
- How many essential documents do you have that you cannot afford to lose?
- How much storage space will you need?
- What kind of access do you require for the safe?
- Where will the safe be located?
- What level of certification should the safe have?
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