Every year, the Insurance Bureau of Canada (IBC) releases a list detailing the vehicles that were most frequently stolen in Canada. 2016 marked the second year in a row that saw an overall increase in automotive theft throughout the country with Ford pick-up trucks leading the way. In a press release about the report, IBC’s National Director of Investigative Services Gary Robertson said, “After large declines in auto theft activity over the last decade, the number of vehicles stolen has gone up 6% from last year to 78,849 across Canada.” The largest increases were seen in Alberta and PEI, which saw overall increases of 32% and 19% respectively.
The IBC released top 10 lists for Canada nationally, Ontario, Quebec, the Western provinces and the Atlantic provinces. You can review some of the IBC lists below.
While these vehicles may have been targeted most, the threat of auto theft is always something Canadian car owners should be wary of regardless of the model they own. The IBC encourages Canadian car owners to be vigilant in protecting themselves against car theft, including by following these tips:
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. If you’re looking to purchase a new company vehicle this year, you may want to consider avoiding the ones on these lists as it may increase your insurance rates. Some vehicles are also known to cost more to repair should they be involved in an accident. This can also result in a higher insurance rate.
If you’re currently in the process of purchasing a new company vehicle or vehicles, consider consulting the Canadian Loss Experience Automobile Rating (CLEAR) page. The CLEAR system was developed to provide consumers with accurate and credible assessments of the expected and actual claims loss experience information for each make, model and year of private passenger vehicles. CLEAR uses real claims data from across Canada and the United States to determine the claims risk rate of each vehicle; a lower risk rate will likely result in a lower insurance rate. It has become an extremely useful resource for Canadians shopping around for a new or used vehicle.
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. Terms, conditions, and exclusions apply, see policy for details.
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