Alarms, Security Systems

Keep Your Home And Identity Safe; Home Burglaries Traditionally Peak in August - 2003-08-04

Michele Dawson Published on 04 August 2003 Parent Category: Health and Safety Category: Alarms, Security Systems

If you're gearing up for an August vacation or end-of-the-summer weekend getaway, you'll want to keep not only your home safe, but your good name as well.

Most of us hear annual tips about taking measures to keep burglars at bay and keep valuables safe while we're away. But some burglars are now targeting more than just jewelry and electronics. This class of thieves wants to break into your house to steal your identity - your social security number, credit card numbers, or any other information that enables them to commit fraud or theft.

And this is the time of year you should be most careful. The FBI says August is the summer month in which most residential burglaries occur.

The Insurance Information Institute says the average loss to the homeowner when a burglary occurs is $1,381. And the industry pays out more than $1 billion in claims.

When it comes to identify fraud, the Federal Trade Commission says it was the No. 1 fraud complaint last year, accounting for 43 percent of the complaints lodged with the FTC's Consumer Sentinel database -- 220,000 in 2001 to 380,000 in 2002.

The FTC and Privacy Rights Clearinghouse say the average victim will incur $18,000 in credit card losses and will spend 175 hours straightening out the mess with all the agencies and companies involved.

The FTC says some of the most common tactics include:

Opening a new credit card account using your name, date of birth, and Social Security number. When they use the credit card and don't pay the bills, the delinquent account is reported on your credit report.

Calling your credit card issuer while pretending to be you and changing the mailing address on your credit card account. Then, your imposter runs up charges on your account. Because your bills are being sent to the new address, you may not immediately realize there's a problem.

Establishing cellular phone service in your name.

Opening a bank account in your name and writing bad checks on that account.

Whenever you go on vacation or leave your house for an extended period of time, it's important to protect your computer and keep important documents safe.

The III says you should turn off your computer and disconnect it from the Internet. If you have personal information on your computer make sure it is password-protected or difficult to access so hackers/burglars can't obtain it.

Related Article...

5052 - The Federal Reserve wants to give the poor, illiterate, elderly, and gullible a better shot at reasonable home equity financing at reasonable cost, a proposal opposed by the banking community. With the growing outcry against predatory lending and with massive annual profits, you would think that the banking lobby would let this one slide -- after all, the Fed proposal is little but cosmetics and gloss, it would change virtually nothing. Here's the deal. Under the Home Ownership Equity Protection Act of 1994 (also known as "HOEPA" -- Section 32 of Regulation Z, part of the Truth in Lending Act), if the annual percentage rate (APR) exceeds by more than 10 percentage points the rates on Treasury securities of comparable maturity, then the lender must provide notice to the consumer and the consumer has three business days to get out of the loan without penalty. HOEPA sounds tough, but it does not outlaw predatory loans it merely requires the inconvenience of disclosure. And lenders don't even have to disclose hideous terms in most cases because HOEPA applies to few mortgages. Read this Nemmar Real Estate Training article at Mortgage Loans, Finance, Economy, Appraisal

Also, the III says you shouldn't leave personal documents in the obvious spots like a desk or home office. Instead, put them in a lock box and have copies kept at a separate location.

Some insurance companies offer identity theft insurance as part of a homeowners policy; some sell it as a separate policy. Policies typically cost $25 to $50 and provide up to $25,000 worth of coverage.

But the most important thing you can do is make sure burglars don't make it into your house in the first place. In fact, nine out of ten home break-ins could have been prevented if homeowners knew how to burglarproof their homes, the III says. Many burglars look for easy, quick targets. They don't want to bother with a house that takes too long to break into.

The National Crime Prevention Council, a nationwide nonprofit organization dedicated to educating the public on crime prevention, and the III offer these specific tips to follow before you go on vacation:

Examine your house from the street and make sure no valuables, like expensive electronics or artwork, are visible from the street. If a passerby can see your belongings, so can criminals.

Lock and fasten all doors and windows. Doors should have deadbolt locks with a one-inch throw and reinforced strike plate.

Secure sliding glass doors. Place a metal rod or piece of plywood in the track to prevent an intruder from forcing the door open.

Always lock the door to your attached garage.

Make it appear that you're home - use timers on lights, radios, and televisions.

Keep the perimeter of your home well lighted. You can do this by installing low-voltage outdoor lighting.

Never leave clues that you are away. Ask a neighbor to collect your mail and newspapers - or ask for them to be held. Don't let mail sit in your mailbox, there could be credit card and bank statements that contain information an identity thief would love to have. You may also want to ask a neighbor to park in your driveway so it appears someone is home.

Keep some shades and blinds up and curtains open to keep a normal appearance.

Never leave a message on your answering machine saying you are on vacation.

Trim the shrubbery near your home's entrance and walkway. This prevents a would-be burglar from hiding in tall, bushy foliage.

Organize or join a community watch program to protect your neighborhood.

Discuss this article

Posts in discussion

Alarms, Security Systems

Keep Your Home And Identity Safe; Home Burglaries Traditionally Peak in August - 2003-08-04

Google Site Translation

Forum Login