The costliest home burglary claims in New Zealand arise from the theft of water heating systems, new AMI data reveals.
In several cases, hot water cylinder thefts have led to damages exceeding NZ$200,000 ($121,600) after water has been left to flood out from exposed pipes, according to a news statement released by IAG New Zealand, of which AMI is a brand.
“More than 500 water heating units are stolen from houses every year,” says AMI executive general manager for Consumer Brands, Ms Paula ter Brake.
The team at AMI HomeHub suggests that water heating units are attractive targets for house burglars due to their easy removal with basic tools.
“Our repair experts at AMI HomeHub also note that hot water cylinders and copper water pipes and gutters are likely targeted for the scrap value of the copper.
In most cases, exterior gas water heaters are stolen for the resale value of the unit as these can be removed without damage to the unit.
Other costly items being taken during house burglaries include electronic devices such as cameras, laptops and gaming consoles, and power tools as well as tool kits.
Top five most commonly stolen items during house burglaries (by category) are:
- Clothing and shoes
- Electronic devices
- Power tools and gardening equipment
- Bikes and equipment - including e-bikes and e-scooters
- Sunglasses
IAG New Zealand is the largest general insurer in the country, trading under the AMI, State, NZI, NAC, Lumley and Lantern brands, as well as providing the general insurance products sold by ASB, BNZ, Westpac and The Co-operative Bank.