In 2023, Hyundai and Kia vehicles have become disproportionately popular targets for car thieves. During the first half of the year, these vehicles were stolen at a concerning rate of 11.2 per 1,000 insured vehicles, significantly surpassing the 1.6 per 1,000 theft rates for other brands. The Hyundai Elantra, Hyundai Sonata, and Kia Optima emerged as the top three most stolen vehicles, underscoring a troubling trend for the owners of these models. Why Are Hyundai and Kia Cars Targets? The surge in theft can be attributed to certain vulnerabilities in…
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State Farm auto insurance claims show catalytic converter thefts continue rising
The insurer recently issued a release pointing to a 400 percent rise in these thefts since 2019. State Farm has released an update to a previous report it has made regarding recent trends in auto insurance claims having to do with catalytic converter thefts. The trend, though already bad in the last report, has only managed to worsen across the country. The auto insurance claims data from one of the largest car insurers in the country showed that from July 2021 to June 2022, thefts in catalytic converters rose by…
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