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IBC reveals list of most frequently stolen vehicles in Canada

Auto theft continues to be an issue in Canada with car thieves becoming more technologically capable than ever before. According to the Insurance Bureau of Canada’s annual list of most frequently stolen vehicles, car thieves now rely on technology to bypass vehicle security systems. The increasing amount of vehicles with keyless entry fobs has increased electronic auto theft, as thieves are able to evade these security systems.

According to this year’s list of the top 10 most stolen vehicles in Canada, Ford trucks with a pre-2007 model year make up the majority of the list. These vehicles do not have ignition immobilizers, which prevent hotwiring. The Insurance Bureau of Canada also states in its report that auto theft costs Canadians approximately $1 billion each year, which includes the $542 million that insurers pay to fix or replace stolen vehicles.

For further information on how your vehicles ranks, contact your insurance representatives.

Source: https://www.insurancebusinessmag.com/ca/news/auto-motor/ibc-reveals-list-of-most-frequently-stolen-vehicles-in-canada-193879.aspx