Top 10 Stolen Vehicles in 2018Dec 30, 2018
One factor taken into account when car insurance companies calculate premiums is an automobile’s make and model, and as well as the statistical chance of a vehicle theft. According to the Insurance Bureau of Canada This is an external link, auto theft costs Canadians close to $1 billion each year. In 2018 these were the top vehicles stolen:
Older model vehicles are more enticing to thieves because they aren’t equipped with advanced security features. However, thieves are still targeting newer vehicles by using something called a “relay attack,” where, using a device, they can intercept the radio signal that comes from a key fob to unlock and start the vehicle.
Thieves generally steal vehicles for one of four reasons:
17,500 cases of identity theft were reported in 2017, alone, so this definitely is an issue that's on the rise. It’s not always possible to prevent car theft, but there are plenty of simple steps you can take to avoid seeming like an easy target.
Keep the following in mind when you park your car:
You can save money on your insurance premiums by installing an after-market alarm system or use a physical anti-theft device like The Club.
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