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Catalytic converters are comprised of precious metals such as palladium and rhodium, which leads to replacement costs as high as $3,000.

Letting a car idle unattended is not only illegal in many states, but it is also correlated to vehicle thefts.

Early indicators point to 2020 becoming the biggest year for stolen cars in the past decade by a 'significant margin,' the NICB president & CEO said.

Businesses make up the bulk of questionable claims, but homeowners remain a target on scammers' radar, NICB reported.

Regional crime rates have an impact on what a policyholder pays for home, renters, and auto insurance coverages.

At least nine individuals are accused of defrauding insurance companies after a two-year investigation called 'Operation Sledgehammer.'

The NICB reported that more than 22,700 cars were stolen on a holiday within this past year.

The top 10 most stolen makes account for 32,687 of the 40,8030 motorcycle thefts reported last year.