2024-12-06
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Here's your money briefing for Friday, December 6, I'm JR Welland for the Wall Street Journal.
Tis the season for porch pirates to steal those holiday gifts you ordered.
A new startup offers insurance to help victims recover their losses.
If you are a person that's experienced porch theft in the past,
you know you're already susceptible to it, it might be a good idea.
If you typically buy a lot of high value things online, so TVs or furniture, artwork, it could be a good idea.
We'll talk to Wall Street Journal, personal finance reporter Amani Moiz.
After the break.
American's have shelled out money for things like doorbell cameras,
expensive lock boxes, or self-service locker rentals.
To cut down on package theft by porch pirates, a new insurance startup offers another option.
Wall Street Journal, personal finance reporter Amani Moiz joins me.
Amani, how much worth of merchandise is stolen from outside of people's houses each year?
So last year alone, about 119 million packages were stolen, and those were worth a total of 13 billion dollars.
In one year?