Question of the Day: What's the average value of property taken during burglaries?

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Mar 03, 2020
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Insurance, Question of the Day

Answer: $2,799

10 states with highest incidence of burglaries: 

Questions:

  • What do you think are the items of value most frequently taken during a burglary?
  • How can you protect against the possibility of your home/apartment being robbed?
  • If your home is robbed and you don't have insurance, how can you recover your losses? 

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (FBI): 

Offense Analysis, Number and Percent Change, 2017–2018

  • In 2018, the average dollar value per motor vehicle stolen in the U.S. was $8,407. The average dollar value of property taken during burglaries was $2,799; during robberies, $2,119; and during larceny-thefts, $1,153.
  • By location, most burglaries (65.5 percent) occurred at residences. Most robbery offenses (36.3 percent) occurred on streets or highways.

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About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.