UK teenagers are worth an average of £500 every time they step out of the front door, according to a new survey.
They're worth nearly £50 more when they leave the house than in 2010 reveals Allianz Your Cover, thanks to the clothes they wear and the gadgets they carry.
If a teen is also carrying an iPad, MP3 Player and a hand-held games console they could be worth as much as £810/
Andy James of Allianz Your Cover, says: "Young people are carrying more expensive belongings than ever before. Our research shows this figure is going up every year - over the course of two years the amount of cash teenagers are carrying has increased from £42 to £89.
"We are encouraging teenagers and their parents to do what they can to prevent theft outside of the home. Being vigilant when out, mindful or personal safety and only carrying essential items, can all help to reduce the risk of items being lost or stolen."
It appears however parents are unaware of this spiralling trend as only 5 per cent think their teenagers are taking more expensive items out with them when compared to this time last year.
The average teenager carries
2010 2011
£42 in cash £89 in cash
Mobile worth £110 Mobile worth £99
Wear £230 in clothes Wears £261 in clothes
Parents reveal that over half of their teenage children have lost or had an item stolen - an increase from a third in 2010. This rising trend is worrying parents as nearly half think their children are vulnerable to crimes such as muggin and more than a third are more concerned than 12 months ago.
Andy contines: "Of the parents whose teenage children have lost or had an item stole, only a third have claimed or have considered claiming on their house insurance for the loss. As teenagers are carrying increasingly expensive belongings, parents should make sure their home insurance covers their teens' possessions outside of the home if somethin unfortunate should happen when they are out and about."
The items teenagers are most likely to lose or have stolen are:
1. Mobile phone
2. Cash
3. Watch