Vehicle Theft Knows No Holiday

New Year's Day Still the Busiest

While most Americans take time off from work during the holidays, vehicle thieves are pounding the pavement without so much as a lunch break.

According to analysis from the National Insurance Crime Bureau (NICB), New Year's Day, once again, ranked as the leading holiday for reported vehicle thefts in 2010. Christmas Day repeats as the holiday with the fewest reported vehicle thefts. For the 11 holidays reviewed in 2010, a total of 20,995 vehicles were reported stolen compared with a total of 22,991 reported for those same days in 2009.    

The Des Plaines, Ill.-based not-for-profit organization's annual reports show a decline in vehicle thefts for seven consecutive years. There is, however, always a black market for items obtained by theft, and vehicles remain popular theft targets.

The top five holiday theft states are California, Texas, Florida, Illinois, and Georgia. California had the highest overall number of holiday vehicle thefts. The majority occurred on President’s Day with 507 thefts. Following the national trend, Texas, Florida, Illinois and Georgia had the highest number of thefts on New Year’s Day and all top five states had the lowest on Christmas Day.

The full report, "2010 National Crime Information Center (NCIC) Holiday Vehicle Theft Analysis," can be accessed here.

Source: www.nicb.org


Comments

Resource Center

View All »

Integrated Content & Communications: A Key Business Issue For Insurers

Insurers are renewing their focus on top line growth, and many are learning that growth...

High Risk Insurance Coverage in the E&S Market

Experts discuss market conditions, trends and projected growth in a rapidly changing niche.

Top E-Signature Security Requirements

This white paper covers the most important security features to look for when evaluating e-signatures...

EPLI Programs Crafted Just For Your Clients

Bring us your restaurant clients, associations and other groups and we’ll help you win more...

Is It Time To Step Up And Own An Agency?

Download this eBook for insight on how to determine if owning an agency is right...

Claims - The Good The Bad And The Ugly

Fraudulent claims cost the industry and the public thousands of dollars in losses. This article...

Leveraging BI for Improved Claims Performance and Results

If claims organizations do not avail themselves of the latest business intelligence (BI) tools, they...

Top 10 Legal Requirements for E-Signatures in Insurance

Want to make sure you’ve covered all your bases when adopting e-signatures? Learn how to...

Get $100 in leads with $0 down!

NetQuote's detailed, real-time leads have boosted sales for thousands of successful local agents across the...

The Growing Role of Excess & Surplus Lines in Today’s...

The excess and surplus market (E&S) provides coverage when standard insurance carriers cannot or will...

Forensic Insider eNewsletter

Get investigative information and forensic insight to help you reach optimal claims outcomes – FREE. Sign Up Now!

Claims-Handling Guidelines

Claims Magazine is providing the following free guidelines and regulations in order to help adjusting professionals stay abreast of each state’s unique property and casualty claim-handling requirements.

View our State Guidelines »

Advertisement. Closing in 15 seconds.