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Wednesday, October 28, 2009

MOST stolen cars in Canada

According to the most recent information available through the Insurance Bureau of Canada, here the 10 most stolen vehicles in Canada based on theft claims submitted to insurers:
  1. 2000 Honda Civic SiR 2-door
  2. 1999 Honda Civic SiR 2-door
  3. 2004 Subaru Impreza WRX/WRX STi 4-door AWD
  4. 1995 Dodge/Plymouth Grand Caravan/Voyager
  5. 1995 Dodge/Plymouth Caravan/Voyager
  6. 2002 Acura RSX Type S 2-door
  7. 2001 Audi TT Quattro Roadster
  8. 1995 Acura Integra 2-door
  9. 1996 Dodge/Plymouth Neon 2-door
  10. 1996 Dodge/Plymouth Neon 4-door

What does vehicle theft have to do with your insurance premiums?

Coverage for theft is included under the �comprehensive� or �specified perils� part of your auto insurance policy. As vehicle theft increases, the part of the premium you pay for comprehensive/specified perils coverage is also likely to increase.

Comprehensive/specified perils coverage is optional; so if it's included on your policy, part of determining your premium requires the insurer to assess the likelihood your car will be stolen. This includes a review of theft rates in your region and how frequently thieves are attracted to your car�s particular make and model. Because each insurer varies in how they calculate premiums, it�s important then that you shop around for the best price. No two insurers are alike!


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