Homeowners and businesses should be extra vigilant as the Christmas season approaches, according to the ABI.
The Christmas season is traditionally one of the busiest times of year for thieves according to the ABI.
ABI household and property manager Jane Milne said: "Christmas can be expensive enough without having the trauma of becoming a victim of crime.
"Thieves are out in force looking for easy targets, so be on your guard and take extra care of your property.
The ABI has drawn up a list of Christmas guidance. It urged homeowners to secure their property and to not leave bags unattended while shopping.
In addition it called on homeowners to avoid leaving presents in unattended vehicles.
Milne urged businesses to be extra vigilant: "Insurance will provide financial compensation if the worst happens, but it cannot compensate you for ruined Christmas memories."
