Social networking could cause insurance premium hike
Confused.com is warning people who use social media sites such as Twitter and Facebook that they could face hikes of up to 10% in their home insurance premiums.
It comes after poice uncovered a burglary ring in New Hampshire in the US, which targeted people who checked into places on Facebook, alerting them when they were not home.
Gareth Kloet, head of home insurance at Confused.com, said: “What’s happened in the US could be the start of a worrying trend and if insurance providers see it as a potential risk, you can bet your home contents on the fact they’ll start pricing for it. Something like ‘Places’ on Facebook broadcasts people’s locations on a
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