M&S Money Urge Drivers To Make Car Security A Priority This Summer
Released on: August 13, 2010, 5:38 am
Author: M&S Money
M&S Money has revealed a new survey that reveals thousands of
drivers are risking invalidating car insurance claims by failing to
make vehicle security a priority.
The poll* found that more than half (56%) of UK motorists have been victims of car
crime - 12% of car owners have experienced maliciously damaged paintwork, 8% have
had a windscreen smashed and 8% of motorists have been victims of theft of personal
belongings from their car.
While 60% of car owners have an alarm installed in their vehicle, many risk
invalidating car insurance claims by failing to activate the alarm when the vehicle
The survey found that 40% of Brits do not always use their car's security system. A
further 12% of motorists never use their security facilities, while nearly half of
people (43%) admitted to having left their cars unlocked.
The M&S Car Insurance policy states that when a vehicle is unattended drivers must
ensure the car is locked, windows are closed, any security system activated and any
keyless entry systems removed.
In July the 2010 British Car Crime Survey** announced that car crime had dropped by
17% in comparison to last year.
Andrew Ferguson, M&S Head of General Insurance, said: "It is good to hear that car
crime is falling, however it is always important to make sure vehicles are locked
and secure. During the summer months, many drivers unwind windows and leave roofs
open - it's important to make sure the vehicle is secure when unattended,
especially as failure to do so could invalidate any insurance claim.
"If the worst should happen and a car is broken into, M&S Car Insurance can help
cover the cost of damage and loss of personal belongings. We insure up to £200 for
theft of personal belongings and up to £500 if these are items are bought from
Notes to editors:
*Figures from OnePoll. Total sample size was 3000 UK adults aged 17 and over. Of
those 77% owned a car. Fieldwork was undertaken on 18th -22nd June 2010. The survey
was carried out online.
**2010 British Car Crime Survey http://rds.homeoffice.gov.uk/rds/pdfs07/bcs25.pdf
M&S Money (the trading name of Marks & Spencer Financial Services) was founded in
1985 as the financial services division of Marks and Spencer Group plc, making 2010
the company's 25th anniversary.
The company is a top-ten credit card provider and the
second-largest travel money retailer in the UK. M&S Money also offers a range of
insurance cover, including family pet insurance, home
fully comp car insurance, as well as
loans, savings and investment products.
In November 2004, Marks & Spencer sold M&S Money to HSBC. HSBC Holdings plc, the
parent company of the HSBC Group, is headquartered in London. The Group serves
customers worldwide from around 8,000 offices in 88 countries and territories in
Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With
assets of US$2,364 billion at 31 December 2009, HSBC is one of the world’s largest
banking and financial services organisations. HSBC is marketed worldwide as ‘the
world’s local bank’.
M&S Money has an executive committee comprising an equal number of representatives
from HSBC and Marks & Spencer.
For further information please call the M&S Money press office:
Media Relations Manager
8 Canada Square
020 7992 1574
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