News - Social networkers could face insurance hike warns comparison site

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Cost of home insurance could reportedly soar by 10 percent as people use location services.

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Read more.

is it lets announce our new reasons why we are going to con you out of more money week?

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Originally Posted by Biscuit

is it lets announce our new reasons why we are going to con you out of more money week?

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Seems perfectly reasonable to me, if you pose more risk by advertising the fact that your not at home then an insurer would expect higher premiums. It's the same with any investment, more risk = requirement for greater returns.

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Confused.com has recommended its customers avoid posting their home address or phone number on social networking sites

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Seems like pretty obvious advice to me - although I've got to wonder why anyone would see fit to post this kind of info in public places. Haven't these folks heard of cyberstalking?
I think I'm okay, because I don't use Facebook (can't see the point) and I'm careful what info I put in the forums I use.

I would have thought it's probably a good idea not to post your town location either - I'm guessing a crim could backcheck through the telephone directory and get your address from that. Of course, if you're name is Jones and you live in Wales, or you're called Smith then it might be a bit more difficult because of the number of folks with the same name.

souls. Soles is something a bit different.