Save on Car Insurance: Car Thefts Trends

Since everyone is trying to save money, we hope our series on car insurance has provided some helpful tips. We’ll conclude this topic by looking at one last factor that affects insurance rates: trends in car theft.

Owning a car that’s frequently stolen in Indianapolis can take a toll on the checkbook — even if yours is never actually stolen. Kelley Blue Book’s article, “The Most Expensive and Least Expensive Cars to Insure,” sheds some light on the situation: “Vehicles that are common targets among thieves usually carry higher insurance premiums than cars that aren’t. According to the Insurance Information Institute, roughly one third of a typical comprehensive auto insurance premium goes to pay for auto theft claims.”

If you do own a vehicle that’s commonly stolen in Indy, selling the car and buying a different one may be the best option. Don’t know what kinds of vehicles thieves target? Keep reading.

Ten Most Stolen Vehicles in Indiana

Every year the National Insurance Crime Bureau publishes a list of the most frequently stolen cars in each state. Indianapolis residents, view the most-stolen cars in Indiana during 2012:

1. Chevrolet Pickup (full size)
2. Ford Pickup (full size)
3. Chevrolet Impala
4. Chevrolet Pickup (small size)
5. Dodge Pickup (full size)
6. Ford Taurus
7. Ford Explorer
8. Pontiac Grand Prix
9. Oldsmobile Cutlass, Supreme, and Ciera
10. Chevrolet Malibu

Cash for Cars in Indianapolis

If you own one of the most commonly stolen vehicles in Indianapolis and think it may be driving up insurance rates, talk to an insurance agent. The best way to lower the rate may be to sell the car.

Come to Indy Cash for Cars when it’s time to sell. We offer cash for cars, trucks, snowmobiles, and a variety of other vehicles at competitively priced quotes. We even accept vehicles that don’t run anymore.

At IndyCashForCars.com no appointment is necessary. Simply swing by, let us examine the vehicle, and head home with cash. We’re located in Indy; call 800-404-6461 with any questions. We look forward to serving you.