Editor's Note: This article originally appeared inNationalUnderwriter, P&C.
|The 1994 Honda Accord ranked as the most stolen vehicle in theUnited States in 2008, according to the National Insurance CrimeBureau's (NICB) "Hot Wheels 2009" report.
|At the same time, the NICB said that the preliminary 2008 FBIUniform Crime Report shows vehicle theft is on pace to decrease by13.1 percent compared to 2007.
|If the projection holds, 2008 would be the fifth consecutiveyear of declining vehicle thefts. NICB said if that trendcontinues, total thefts for 2008 would be below 1 millionvehicles--a 20-year low.
|Following the 1994 Accord on the list of most stolen vehicleswere:
|o 1995 Honda Civic
|o 1989 Toyota Camry
|o 1997 Ford F-150 Pickup
|o 2004 Dodge Ram Pickup
|o 2000 Dodge Caravan
|o 1996 Jeep Cherokee/Grand Cherokee
|o 1994 Acura Integra
|o 1999 Ford Taurus
|o 2002 Ford Explorer
|Last year, the 1995 Civic was the most stolen car, and the 1994Accord did not crack the top 10.
|The NICB said certain models of older cars and trucks arepopular with thieves because of the value of their parts.
|"Frequently, the parts can be stripped from a car at a chop shopand sold for at least twice as much as the value of the vehicle onthe used car market," the NICB said.
|The organization added that newer models are also more difficultto steal because of anti-theft technology incorporated by themanufacturers.
|The NICB compiled its list by examining data reported to theNational Crime Information Center.
|Phil Gusman is an associate editor at NationalUnderwriter, a member of Summit Business Media's P&CMagazine Group, which includes Claims.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.