There were nearly 700,000 motor vehicle thefts nationwide in 2013. Although 2014 showed a slight decrease, it continues to be a real problem. It is estimated that $4.5 billion is lost on motor vehicle thefts.
According to the FBI, a motor vehicle is stolen in the United States every 44 seconds!
Source: Insurance Information Institute
Be careful where you park your car, and what you leave in it. If you don't have a garage, make sure to have motion lights that will deter a would-be thief. When you're not at home, park in a well-lit area, and always lock your car. A survey of American drivers conducted in April 2007 on behalf of the National Insurance Crime Bureau found:
- • One-third admit they have left their car while it was running, which makes the vehicle an easy target for theft.
- • 47% don't always park in a well-lit area.
- • 40% don't hide their valuables. In fact, nearly half leave mail in their vehicle, a quarter have left a purse or wallet, and almost a third have left bank statements, all of which can put them at risk for identity theft.
It Costs You!Although 75% of respondents know that there are costs associated with vehicle theft in addition to paying the insurance deductible and the cost of replacing the vehicle that are not covered by insurance, virtually none knew that there are additional costs such as:
- • Insurance premium increases
- • The cost of time spent dealing with police
- • Vehicle rental costs
- • Cost of time off from work.