If Your Vehicle is Stolen, You Are Covered
When your vehicle is reported stolen, we spring into action and use GPS Satellites and numerous Cell Phone towers, (in the vicinity of your vehicle), to get an exact location. We then contact the local authorities and assist them with Real Time Location to find your vehicle.
The FBI reports there were an estimated 773,139 motor vehicle thefts nationwide in 2017.
Industry observers caution that thieves constantly devise new and sophisticated means of stealing autos. Tactics include acquiring smart keys, which eliminated hot-wiring to steal cars; switching vehicle identification numbers; and using stolen identities to secure loans for expensive vehicles.
According to the FBI, a motor vehicle is stolen in the United States every 40.9 seconds.
Follow the Money
Beyond the emotional stress and disruption to your daily and work related activities, there are significant financial costs that you may incur if your vehicle is stolen.
According to the FBI, although 75% of respondents know that there are costs associated with vehicle theft in addition to paying the insurance deductible and the cost of replacing the vehicle that are not covered by insurance, virtually none knew that there are additional costs such as insurance premium increases, the cost of time spent dealing with police, vehicle rental costs, and the cost of time off from work.
* The survey was conducted by Opinion Research Corporation.
The Most Popular Vehicles Stolen
According to 2018 National Insurance Crime Bureau statistics
|Rank||Make & Model||Total Stolen in U.S.|
The Financial Impact of Car Theft
Insurance Deductible: $250 – $1000+
Never paid back by your insurance company
Original Down Payment: $1,000 – $3,000+
Absorbed by the depreciation of the stolen vehicle
Rental Car Expense: $250 – $2,000+
A damaged vehicle usually takes an average of 30 days or more to repair
Personal Items Expense: $100 – $1,000+
An often overlooked cost of auto theft- i.e. purse/wallet, laptop, portable DVD, iPod/iPad, etc.
Replacement Vehicle Down Payment: $500 – $3,000+
Typically required for the purchase of new vehicle
Insurance Premium Increase: Varies
Negative Equity: Varies
Unforeseen Damage After Claim is Paid: Varies
The theft of your vehicle could cost you
$2,000 – $10,000+