One in five British women report that they have either lost or had their handbag stolen and with the average value of a handbag and its contents estimated at £300, leading insurer Cornhill Direct is reminding women just how vulnerable their handbags can be.

In a survey of 3,000 women commissioned by the insurer, one in ten women said they had needed to take action to prevent their handbag from being stolen, with opportunist thieves eager to get their hands on a goldmine of goodies.

According to the research, the average handbag on the nation’s high streets is worth £48, with 20 per cent of women saying they had opted to buy a designer label.

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Source: Easier Finance

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