As the weather warms up and the likelihood of snow decreases, there may be more cars on the road or parked outside. And while the change in weather is convenient for driving, it may leave more cars vulnerable to theft.
Every year, the Insurance Bureau of Canada (IBC) releases a list detailing the vehicles that were most frequently stolen in Canada. The IBC also releases lists of the vehicles most frequently stolen in each province. Last year, the cars most often stolen ranged from province to province. For instance, Ontario saw high-end luxury SUVs as the most commonly stolen vehicle in the province.
A selection of the lists is below:
Cars can be stolen for many reasons including to be shipped overseas to be sold to consumers, to be used for parts, or to be used to commit another crime. You can’t control whether your car is targeted, but you can make sure to take the appropriate precautions against theft. Below are some tips on how to keep your vehicle safe:
What some Canadians may not realize is that the likelihood of your vehicle being stolen is a factor often used to determine your auto insurance rates and premiums.
Other factors that can affect the cost of your insurance premiums include the location you’re driving in, what you’re using your car for, the number of vehicles you’re insuring, the type of vehicle you’re insuring, and the list of drivers who will be operating the vehicle, as driver history can have an impact.
To learn more about commercial auto insurance, visit our auto insurance page today, and find out how Federated can help you!
This blog is provided for information only and is not a substitute for professional advice. We make no representations or warranties regarding the accuracy or completeness of the information and will not be responsible for any loss arising out of reliance on the information.