According to the most recent information available through the Insurance Bureau of Canada, here are the 10 most stolen vehicles in Canada based on theft claims submitted to insurers:
2000 Honda Civic SiR 2-door
2003 Cadillac Escalade ESV 4-door AWD
1999 Honda Civic SiR 2-door
2006 Chevrolet/GMC Trailblazer SS 4-door 4WD
2002 Cadillac Escalade EXT 4-door AWD
2005 Cadillac Escalade ESV 4-door AWD
1997 Mitsubishi Eclipse Spyder 2-door
2000 Audi S4 Quattro 4-door
2006 Hummer H2 4-door AWD
2005 Cadillac Escalade 4-door 4WD
What does vehicle theft have to do with your insurance premiums?
Coverage for theft is included under the ‘comprehensive’ or ‘specified perils’ part of your auto insurance policy. As vehicle theft increases, the part of the premium you pay for comprehensive/specified perils coverage is also likely to increase.
Comprehensive/specified perils coverage is optional; so if it's included on your policy, part of determining your premium requires the insurer to assess the likelihood your car will be stolen. This includes a review of theft rates in your region and how frequently thieves are attracted to your car’s particular make and model. Because each insurer varies in how they calculate premiums, it’s important then that you shop around for the best price. No two insurers are alike!
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