Lawrence Williamson moved three years ago from Macon, Georgia, to Detroit and paid $17,000 for a 4,500- square-foot historic-district limestone house at a tax sale. Then he suffered sticker shock when his car insurance premium tripled.
According to the National Insurance Crime Bureau, 31,586 large and mid-sized vehicles were reported stolen in the United States between January 2009 and December 2012. The vast majority of these vehicles were mid-sized, making up nearly 70% of the large and mid-sized vehicle total.