Insurers paying out more than £1 million pounds a week to victims of metal theft are advising rural businesses in Northumberlamd to protect themselves.
This number has doubled in the last five years and almost 1,000 thefts are reported each week. The Association of British Insurers has suggested that at least 300 tonnes of metal is being stolen each week which is an equivalent size to 300 cars.
However it is not is not just affecting business and towns and cities as in recent months they have seen an increase in rural metal theft claims – with Northumberland hit particularly hard. Philip Pagin of H&H Insurance Brokers said: “Last year many farmers saw thieves paying closer attention to easy to lift machinery such as quad bikes and trailers, they are now seeing a distinct rise in thieves searching properties for metal in all sorts of shapes and forms.
“There is no telling whose property will be a target but one must be wary and exercise caution.
“The main target for these thefts is farm and contracting yards so farmers must be more vigilant when it comes to insurance and really think about risk.”