Filed under: Coupe, SUV, Truck, Cadillac, Ford, Infiniti, Luxury
The Highway Data Loss Institute has churned out its official list of vehicles with the highest and lowest insurance claims for theft. The study combines the rate of insurance claims per vehicle as well as the cost of those claims, helping companies that supply coverage determine exactly how much to charge us poor saps. The Cadillac Escalade took top honors this year with $146 in theft loss payments per insured vehicle, per year. On average, insurance companies pay out around $11,934 per theft claim when it comes to the Escalade with 10.8 of the SUVs stolen per 1,000 vehicles. That’s more than 10 times the theft rate of the vehicle with the lowest theft losses – the Volvo S80.
In fact, of the top 10 vehicles on the Highway Data Loss Institute’s list, six were of General Motors origin. How do the thieves get around the bad-guy battling OnStar vehicle immobilization? Easy. They load the coveted SUVs onto a flat bed and drive away.
The 2008-2009 Ford F-250 crew cab four-wheel drive took the silver when it came to vehicles with the highest theft loss, followed by the 2008-2009 Infiniti G37 coupe. Hit the jump to see if your vehicle’s on the list.
Continue reading HDLI: Cadillac Escalade top target for thieves
HDLI: Cadillac Escalade top target for thieves originally appeared on Autoblog on Tue, 03 Aug 2010 00:01:00 EST. Please see our terms for use of feeds.
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