Since the 1990s, the property crime rate in the U.S. has declined drastically. There were 5,140 reported property crimes per 100,000 of the population in 1991, according to FBI data. In 2018, that rate dropped down to 2,199 cases.

The Bureau of Justice Statistics defines property crimes as burglary/trespassing, motor vehicle theft, and theft, including both attempted and completed crimes.

The most recent U.S. crime data from 2018 shows promising YOY improvements across the country, with the estimated number of property crimes declining 8.0% in the Midwest, 7.6% in the Northeast, 6.1% in the South, and 5.0% in the West.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 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.

Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].