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As times get tougher, crime is certainly going to rise – so those with erratic incomes cannot risk losing out without insurance.

Analysis from Abbey Home Insurance shows that during the last recession, between 1990 and 1992, figures for the number of domestic burglaries recorded by police in England and Wales rose by 33.8%, while the British Crime Survey also recorded a similar trend.

Thierry Campet, sales and marketing director at Abbey Insurance says: "When household budgets tighten and families look to cut back on financial expenditure there are the usual outgoings that people feel they can cut back on. Wrongly, many people believe home insurance is one of these. However during these times, protection is increasingly important and should not be overlooked.”

This couldn’t be a more true statement, especially for those who may rely on commission or bonuses that might not be earned in these tougher times. The last thing a self certified person needs is the extra costs of stolen goods and damaged property that could come about after a break-in.

And insurance needn’t be costly. There is no point assuming it will never happen, because it always might. Don’t let a lack of insurance lead to even more bills for you and your family.

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