Tuesday, March 2, 2010

'Social Networking Could Come At A Price'

People who use social networking sites like Twitter and Facebook are being warned they could face shelling out more for home insurance.

The fear is that the information users share online could alert potential burglars to their home's vulnerability, for instance by revealing when they are on holiday.

Darren Black, head of home insurance at comparison website Confused.com, predicts the eventual outcome could be big hikes – up to 10% - in users' home insurance premiums. for home insurance. Read More

Courtesy: Sky News

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