Some Shoppers Are Buying Delivery Insurance to Combat Package Thieves
WSJ Your Money Briefing
The Wall Street Journal
4.1 • 1.7K Ratings
🗓️ 6 December 2024
⏱️ 9 minutes
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| 0:00.0 | This podcast is brought to you by CME Group, the world's leading derivatives marketplace, |
| 0:05.8 | offering the widest range of global benchmark products across all major asset classes. |
| 0:10.8 | CME Group, where risk meets opportunity. |
| 0:17.3 | Here's your money briefing for Friday, December 6th. |
| 0:20.3 | I'm J.R. Wayland for the Wall Street Journal. |
| 0:25.4 | Tis the season for porch pirates to steal those holiday gifts you ordered. |
| 0:30.4 | A new startup offers insurance to help victims recover their losses. |
| 0:34.4 | 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 are a person that's experienced porch theft in the past, you know you're |
| 0:38.3 | already susceptible to it. It might be a good idea if you typically buy a lot of high value |
| 0:43.6 | things online. So TVs or furniture, artwork, it could be a good idea. We'll talk to Wall Street |
| 0:51.9 | Journal, personal finance reporter Amani Moise. After the break. exchanges the Goldman Sachs podcast featuring exchanges on rates inflation and u.s. recession risk. |
| 1:22.3 | Exchanges on the market impact of AI. For the sharpest analysis on forces driving the markets and the economy, |
| 1:29.9 | count on exchanges between the leading minds at Goldman Sachs. New episodes every week. Listen now. Americans have shelled out money for things like doorbell cameras, expensive lockboxes, or |
| 1:52.4 | self-service locker rentals to cut down on package theft by porch pirates. A new insurance startup |
| 1:57.9 | offers another option. Wall Street Journal, personal Finance Reporter Amani Moise, joins me. |
| 2:03.2 | Ammani, how much worth of merchandise is stolen from outside of people's houses each year? |
| 2:07.6 | So last year alone, about 119 million packages were stolen, and those were worth a total of $13 billion. |
| 2:16.4 | In one year? |
| 2:17.3 | In one year, and that's according to Capital One. |
| 2:19.6 | According to a different survey by Value Penguin, about 41% of Americans had at least one package stolen last year. |
| 2:28.3 | Count me lucky, because I haven't had a package stolen yet. |
| 2:31.0 | Knock on wood. |
... |
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