Homeowners installing CCTV cameras in and around their homes in a bid to reduce the risk of vandalism or burglary should be aware that the move will not necessarily reduce their
home insurance premiums.
A spokesperson from Norwich Union as stated that, at the present time, sufficient evidence that the cameras have an impact on the chances of damage or burglary has not been gathered.
Consequently the insurance provider does not recognise such devices when calculating premiums.
Alison Palmer, household underwriting consultant for Norwich Union, said: "The only things we currently do recognise as something where we would give a premium discount would be proof locks, those that are approved, also burglar alarms."
Those householders yet to invest in higher levels of security might reassess where they intend to spend their funds in the light of her comments.
Such comments from the insurer come despite the fact that consumer electronics retailer Maplin, has recently announced a 70 per cent increase in the number of CCTV cameras sold by its stores.
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