According to researchers Mary Keegan Eamon and Jun Sung Hong, children in
areas with high crime rates viewed their schools as less safe while children who discussed their schoolwork with parents felt safer at school.
If, however, you don't tend to hit things, including other vehicles, and you don't drive a lot of miles or
visit areas with higher crime rates, the higher deductibles could make sense for you.
An alarm system will likely provide big discounts for homeowners
in areas with high crime rates, while fire - resistant siding would be rewarded for homeowners in dry, fire - prone areas.
A house in
an area with a high crime rate is considered more risky than one where the crime rate is low; similarly, a prospective policy holder with a poor credit history or a history of making frequent claims will be considered more of a risk.
If you live in
an area with high crime rates, you'll probably pay more for auto and homeowners coverage, since you are more likely to be a victim of crimes such as theft and vandalism.
Areas with high crime rates have increased risks for auto theft and vandalism.
A house in
an area with a high crime rate is considered more risky than one where the crime rate is low; similarly, a prospective policy holder with a poor credit history or a history of making frequent claims will be considered more of a risk.
That means buying a car that's popular with thieves or living in
an area with high crime rates can lead to higher premiums.
If you find a perfect house at a bargain basement price and you're wondering why it costs less than a similar house five streets over, it may be because the one you have your eye on is in
an area with a high crime rate.
If you live in
an area with a high crime rate, you'll probably notice a spike in property insurance rates.
Note that even living in
an area with high crime rates can increase your premiums.
People living in
an area with high crime rate have a higher chance of being victims of theft.
If you live in
an area with a high crime rate, insuring your property against burglary and theft may be the only method available to fully protect your family.