The Most-Stolen Cars

The Most-Stolen Cars

To determine the vehicles with the highest theft rates in the country, the Highway Data Loss Institute looked at only insured passenger vehicles between one and three years old. Then they calculated which insurance claims were filed for each particular model of vehicle, and the size of the payment for each claim. By comparing the number of claims to the number of cars insured, the process indicates vehicles most likely to be targets of theft, because it takes into account a given model’s total exposure to the road.

The average claim frequency for all passenger vehicles is 2.1 claims per 1,000 insured vehicle years, with an average loss payment of $6,883 per claim. Insured vehicle years are measured as one vehicle insured for one year or two of the same vehicle insured for six months each.

No. 1: Cadillac Escalade

Segment: Large Luxury SUV
Claim Frequency: 10.8 per 1,000 insured vehicle years
Average Loss Payment Per Claim: $11,934

No. 2: Ford F-250 crew 4WD

Segment: Large Pick-up
Claim Frequency: 9.7 per 1,000 insured vehicle years
Average Loss Payment Per Claim: $9,636

No. 3: Infiniti G37 2-door

Segment: Luxury Compact
Claim Frequency: 7.1 per 1,000 insured vehicle years
Average Loss Payment Per Claim: $10,324

No. 4: Dodge Charger HEMI

Segment: Large Sedan
Claim Frequency: 7.1 per 1,000 insured vehicle years
Average Loss Payment Per Claim: $10,118

No. 5: Chevrolet Corvette Z06

Segment: Sports Car
Claim Frequency: 1.7 per 1,000 insured vehicle years
Average Loss Payment Per Claim: $41,229

No. 6: Hummer H2 4WD

Segment: Large SUV
Claim Frequency: 6.2 per 1,000 insured vehicle years
Average Loss Payment Per Claim: $10,324

No. 7: Nissan Pathfinder Armada

Segment: Large SUV
Claim Frequency: 4.5 per 1,000 insured vehicle years
Average Loss Payment Per Claim: $12,458

No. 8: Chevrolet Avalanche

Segment: Large SUV
Claim Frequency: 7.4 per 1,000 insured vehicle years
Average Loss Payment Per Claim: $7,571

No. 9: Chevrolet Silverado 1500 crew

Segment: Large Pick-up
Claim Frequency: 8.0 per 1,000 insured vehicle years
Average Loss Payment Per Claim: $6,814

No. 10: GMC Yukon

Segment: Large SUV
Claim Frequency: 5.7 per 1,000 insured vehicle years
Average Loss Payment Per Claim: $9,499

Posted in Auto, Finance, Insurance.

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