
Top 10 Most Stolen Cars - 2005Honda Civic dominates the list of Canada’s Top Ten Stolen VehiclesToronto - Canada’s car insurers announced today that the 1999 and 2000 Honda Civics SiR 2-door hold the dubious distinction of topping this year’s most stolen vehicles list. The two models also had the highest theft claims cost per vehicle. In addition, the Honda Civic 1994, 1995, and 1993 models are also found in the 4th, 6th and 10th spots, respectively, on the list of most frequently stolen vehicles.
Of particular note, none of the vehicles making the top ten most frequently stolen vehicles list had an Insurance Bureau of Canada-approved immobilizer system. “Now that IBC-approved theft deterrent systems or immobilizers are commonly in place in newer
vehicles, auto thieves have been turning increasingly to older vehicles,” says Rick Dubin, Vice- Electronic immobilizers are systems that prevent a vehicle from starting unless a specific electronic code is used. IBC, along with vehicle manufacturers, after-market manufacturers, and other interested stakeholders, developed a Canadian standard for automobile theft-deterrent systems that was approved by the Standards Council of Canada in 1998. Many insurance companies provide premium discounts on automobile policies to customers whose vehicles are equipped with an IBC-approved, factory-installed or aftermarket immobilizer system. “Immobilizers are highly effective at deterring car thieves. In terms of this year’s stats, you have to
go down the list to the 81st most-frequently stolen spot to find a vehicle, the 2001 Audi Quattro 4-door, that registered thefts despite the fact that it is protected by an immobilizer. It just underlines
the reality that theft is much more likely when a vehicle is not equipped with an immobilizer,”
The data on stolen vehicles is taken from this year’s release of IBC’s How Cars Measure Up,
which compares the insurance claim records of the most popular models of cars, passenger
vans, SUVs and pickup trucks across the country. This information can be extremely useful to
consumers before they actually buy either a new or used car. The brochure is designed to help
consumers understand how theft, collision and other claim costs affect insurance premiums. To
download a copy of the brochure, click here. The statistics contained in the brochure are based wholly on actual insurance claims data collected from nearly all automobile insurance companies in Canada. These companies write almost 100% of all automobile insurance in Canada. Theft of vehicles (and their components) costs Canadian policyholders more than $580 million annually in insurance premiums. Insurance Bureau of Canada is the national trade association of the private property and casualty insurance industry. It represents more than 90% of the non-government home, car and business insurance in Canada. IBC is highly regarded as a provider of automobile insurance rating information and a creator of automobile theft-deterrent standards. For more information or to arrange an interview with Rick Dubin, Vice President, Investigations, IBC, please contact: Ellen Woodger (416) 483-2358 or John Karapita, (416) 362-2031, x4351. |
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