Does Neighborhood Watch Really Deter Crime?
Most people don’t give a second thought about crime rates when it comes to insuring their property or their vehicle, but insurance companies give more than a second thought to the matter. The fact is, where you live affects your insurance policies for several possible reasons: • People drive differently in different areas – which will affect your liability insurance rate. • Storms, mudslides and other natural disasters actually give opportunity to thieves and looting – which will affect your home and auto insurance rates. • The crime rate affects your likelihood of being burglarized either in your home or your vehicle – which will affect your home and auto insurance rates. • Even the crime rate of areas and cities surrounding yours affects your insurance rates. So while most people do not know it, their insurance company is on top of regularly-received data from law enforcement agencies around the country and they use this information with special actuarial tables to determine the like
