Gone in 26.4 Seconds. The Most Stolen Cars in America

December 9th, 2010
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Ski Masked Car theif

Vehicle theft may be something we are all unfamiliar with due to the fact the news outlets fill their time with violent acts and entertainment news but are our vehicles at risk?   Insurance companies sell additional coverage for stolen vehicles, anti-theft companies sell expensive systems and car dealerships sell you optional Gap insurances or Low-Jack Systems.  Are these additional costs just filling the pockets of these major corporations or is their truth behind these products?

According to the National Insurance Crime Bureau, a vehicle is stolen in America every 26.4 seconds. In the year 2009, 1,192,809 motor vehicles were stolen. The frequency of automobile theft may come as a shock but the rate of theft has actually declined in the last three years.

So, what vehicles have the highest rate of theft claims?

1.  Cadillac Escalade

Claim Frequency: 10.8 per 1,000 insured vehicle years

2.   Ford F-250 crew 4WD

Claim Frequency: 9.7 per 1,000 insured vehicle years

3.   Infiniti G37 2-Door


Claim Frequency:  7.1 per 1,000 insured vehicle years

4.  Dodge Charger HEMI

Claim Frequency: 7.1 per 1,000 insured vehicle years

5.   Chevrolet Corvette Z06

Claim Frequency: 1.7 per 1,000 insured vehicle years

6.   Hummer H2 4WD

Claim Frequency: 6.2 per 1,000 insured vehicles years

7.   Nissan Pathfinder Armada

Claim Frequency: 4.5 per 1,000 insured vehicle years

8.   Chevrolet Avalanche

Claim Frequency: 7.4 per 1,000 insured vehicles

9.    Chevrolet Silverado 1500 Crew

Claim Frequency: 8.0 per 1,000 vehicle years

10.  GMC Yukon

Claim Frequency: 5.7 per 1,000 insured vehicle years

The determination of the highest theft rates were made by the Highway Data Loss institute and looked at cars no more than 3 years old. They calculated these statistics by the number of claims, the exposure to the road and the size of the payment for the claim.

Source

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