Finance Shop > Credit Cards | Wednesday 10 January 2007

Women with expensive handbags 'vulnerable to crime'

Many British women risk falling victim to crime by carrying expensive items in their handbags, according to an insurance firm.

A study by Cornhill Direct found that one in five British women have either lost or had their handbag stolen, which often contains high-value possessions.

Figures from the firm showed that the average handbag is worth around £300, as women often opt for a designer label and carry items such as cash, a mobile phone and MP3 player.

Mark Bishop, spokesman for Cornhill Direct, urged those who carry handbags to be aware that they are a "prime target" for thieves.

He said: "Try not to carry around important documents and take sensible precautions to minimise the risk of theft, particularly in bars and restaurants."

Mr Bishop added that losing or having a bag stolen is not only extremely stressful but can also leave women open to identity theft, as they often contain personal details.

Cornhill also listed other items that can increase the value of the average handbag, such as a make-up bag and its contents, a purse, diary and an umbrella.

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