Heating Oil Theft On The Increase

Homeowners who heat their properties with oil are being warned to check their insurance policies and security measures as thefts of heating oil are reportedly on the rise say the Abbey National.

The Abbey National has found that about one out of ten home insurance policies do not have cover for heating oil included, which could prove financially disastrous should there be a theft. The price of heating oil has increased by over a hundred percent since last year, making it a valuable commodity.

The police have confirmed the Abbey National findings, stating that domestic dwellings are often targeted because they are easier to access than industrial sites.