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Black Land Rovers are probably the most generally stolen car whereas Ford stays probably the most generally stolen model, in line with a assessment of Tesco Financial institution’s automobile theft claims.
Black, gray and white automobiles are additionally probably the most generally claimed for whereas automobile theft claims are highest in Birmingham, London and Sheffield, with claims peaking between midnight and 7am (36%).
Ford automobiles account for practically a fifth (17%) of theft claims, in line with evaluation of Tesco Financial institution’s inside information. Land Rovers take second place, accounting for 11% of claims, adopted by Mercedes (10%), BMWs (8%) and Vauxhalls (8%).
Tesco Financial institution added that it’s not the newest fashions which are probably the most focused, as automobiles between 5-8 years are liable for 40% of claims, with automobiles manufactured in 2016 almost definitely to be stolen, making up 12% of claims in 2022/23.
When it comes to the color of automobiles which are most tageted, black automobiles rank first. This color accounts for 1 / 4 (26%) of all claims made to Tesco Financial institution’s Automotive Insurance coverage claims crew in 2022/23, adopted by gray (19%) and white (17%).
“House owners of black Land Rovers must be paying probably the most consideration to potential thieves, with thefts of this mix of make and color accounting for 4% of all claims, very intently adopted by blue Fords,” it stated.
Tesco Financial institution Automotive Insurance coverage information additionally reveals that Birmingham is a hotspot for automobile thefts, accounting for 8% of all claims made, adopted by London (7%) and Sheffield (6%).
Drivers additionally should be cautious that some makes and fashions are focused because of their costly components. “Whereas there’s a slowing pattern in catalytic converter theft, different automobile components have turn out to be a goal. Tesco Financial institution’s information signifies a rising incidence of BMWs being damaged into and having the steering wheel stolen, with replacements costing 1000’s of kilos,” it stated.
Dave Thompson, claims director at Tesco Financial institution, commented: “Whereas Land Rovers are wanted and will be bought on rapidly, some fashions like Fords will be damaged down just about in a single day and bought on for components the following morning. And whereas the valuable metals in catalytic converters aren’t fetching as a lot as they as soon as did, thieves are turning to different excessive worth components such because the steering wheels in BMWs.”
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