Across the country, the rate of vehicle theft was up again in 2021, according to the National Insurance Crime Bureau's (NICB) annual Hot Spots report, which found thefts increased 6% year on year in 2021. In 2020, the theft rate increased 17% compared with the year prior.
The Coalition Against Insurance Fraud reported auto theft costs U.S. businesses and consumers around $7.4 billion each year, according to the newly released cost of insurance fraud figures.
While California again saw the highest number of vehicles stolen, with more than 200,524 incidents, Colorado has the distinction of seeing the biggest increase in auto thefts this past year. The Centennial State saw a 32% year-on-year increase, according to the NICB, which also reported the state had the highest theft rate.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
