How Common is Car Theft?
In 2015, a car was stolen about every 45 seconds, according to statistics released by the FBI. In all, more than 700,000 vehicles went missing for a total of $4.9 billion in losses.
You might think that most of these cases start with someone smashing a window and hot wiring the car like they do in the movies but that's not the case at all!
Keyless Car Theft Hacked On Camera in 35 Seconds
In just a matter of seconds these criminals stole a car from the front of a home. They didn't need to break anything. They used what looked like an Ipad case to bypass the key fob then drove off before anyone could ever know what happened.
Terrific Tools to Prevent Car Theft
Does Car Insurance Cover Theft?
Yes, in most cases if you have comprehensive coverage car insurance covers theft. However there are some cases that car insurance doesn't cover
For example, if your car is broken into and it gets stolen along with a few personal items inside the car the car damage and the theft would be covered under an comprehensive insurance plan.
However, the personal items that were stolen from your car would not be covered in your car insurance policy.
To cover these personal items you will likely need to have homeowners or renters insurance in place. In this type of situation, you would need to file a claim for your auto insurance and also one through your home insurance.
How Long Does It Take To Replace A Stolen Car?
Depending on the car insurance company that you have in place you could be looking at a wait time somewhere around 13 to 30 days. This waiting period gives the insurance company time to see if the vehicle will be found.
Will My Insurance Rates Increase If My Car Is Stolen?
If your car is stolen and you file a claim that is paid out it is likely your rates will increase but each situation is different. To know for sure, it's important that you speak to an insurance agent.
How to Stop Car Thieves From Stealing Your Car?
1. Don't leave your car running
This seems obvious but you wouldn't believe how often people leave their cars running and the result end up being a stolen car. Most of the time, the people who become victims to this type of problem are in a rush and think to themselves that they will only be out of the car for a minute.
Don't do it.
2. Lock your wheels
Cars with alloy wheels are often targeted by car thieves looking for their next victim. Buying a wheel lock can help deter opportunity seeking thieves.
3. Traffic Awareness
One of the scariest things you want to avoid is a carjacking. These criminals are not afraid to use strong arm tactics to get your car from you.
When traffic is moving slow or you are coming to a stop light, be sure that your windows are closed and your doors are locked.
4. Park in well lit areas
Parking under well lit areas can help you protect your car from theft both when you're away from your car and when you are getting into and out of your car.
Parking in a high visibility area will help deter criminals from choosing your car to steal.
5. Don't let them run the relay
It's important that you help yourself avoid becoming a victim of a relay attack.
A relay attack is a new method car thieves have been using to steal cars (like the video above)
One criminal will use a device to receive your key signal from inside of your home and transfers the signal to the second criminal who gets inside your car and drives off.
6. Double check that it's locked.
After you lock your car doors, always check your doors before you walk away from your car. This is the only foolproof way to make sure your car is secure.
7. Hide the hardware
Don't leave your car with anything valuable out in the open. A thief walking by may see it take advantage of the opportunity that so easily presents itself.
8. Arm the Alarm
If you have an alarm, make sure it is armed every time you leave your car. If you don't have an alarm, you should definitely consider owning one.
9. Use an Anti-Theft Device
Use anti theft devices as a way to stop a criminal from driving off with your car...
Plus, many insurance companies give discounts to drivers who use anti-theft devices to help prevent car theft.
10. Don't hide a spare key in public
Having a spare key in a box in the wheel well is a disaster waiting to happen. If you feel the need to have a spare key don't put it anywhere near your vehicle and make sure it is somewhere that is not easy to find for thieves.
11. Get the extra tools
When you buy a car, you might want to spring for the extras, even though they do add to your monthly payment.
Having GPS Tracking and Vehicle Immobilizer System can help you recover your car should it ever be stolen.