Close Menu
Insurance Journal – Property Casualty Insurance News

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    How the Next Financial Crisis Starts

    July 4, 2025

    Insurance Underwriter Title Resources Group Appoints Natasha Branch as VP of Education and Underwriting Counsel

    July 4, 2025

    Supreme Court Rejects Challenge to Obamacare Preventive Care Coverage

    July 4, 2025
    Facebook X (Twitter) Instagram
    Insurance Journal – Property Casualty Insurance NewsInsurance Journal – Property Casualty Insurance News
    Facebook X (Twitter) Instagram
    SUBSCRIBE
    • Home
    • Business Insurance
    • Identity Protection
    • Life Insurance
    • Pets Insurance
    • Property Insurance
    • Vevehicle Insurance
    Insurance Journal – Property Casualty Insurance News
    Home ยป Drivers Warned of Car Insurance Chaos as Hybrids Become ‘Highly Sought After’ by Thieves
    New

    Drivers Warned of Car Insurance Chaos as Hybrids Become ‘Highly Sought After’ by Thieves

    insurancejournalnewsBy insurancejournalnewsMay 24, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    Rising Catalytic Converter Theft Targets Hybrid Vehicles

    Drivers of hybrid cars are being warned about the growing risk of catalytic converter theft, with new research showing these vehicles are being specifically targeted by criminals. The study found that seven of the top 10 most-targeted vehicles in 2023 had hybrid versions available in the market.

    Experts explain that hybrid vehicles are particularly valuable to thieves because their catalytic converters contain precious metals that are less likely to corrode due to being used less frequently. This makes them ‘highly sought after’ by criminals looking to profit from these parts.

    The Toyota Auris tops the list of most affected vehicles, with one in every 157 cars experiencing catalytic converter theft within a year. Other hybrid models frequently targeted include the Lexus CT, Toyota Prius, and Lexus RX. Premium brands like Lexus are especially vulnerable, with one in every 326 Lexus owners reporting theft.

    Hybrid vehicle catalytic converter theft
    Hybrid vehicle catalytic converter theft

    Car insurance expert Tom Banks from Go.Compare advises owners of targeted vehicles to take additional precautions. ‘If your car is one of the more targeted models, there’s no need to worry, but you could take some extra precautions to protect it,’ he said. Recommended security measures include parking in well-lit, secure locations such as garages, installing alarms with tilt sensors, and marking catalytic converters with SmartWater or spray paint to deter thieves.

    Most comprehensive car insurance policies cover catalytic converter theft. Owners who experience theft should report it to the police, obtain a crime reference number, and contact their insurer with the necessary documentation to make a claim.

    The study’s findings highlight a significant shift in criminal targeting, with thieves focusing on specific models rather than opportunistic theft. This targeted approach suggests criminals are becoming more sophisticated in their methods, emphasizing the need for vehicle owners to remain vigilant about their car’s security.

    car insurance car theft catalytic converter theft hybrid vehicles vehicle security
    insurancejournalnews
    • Website

    Related Posts

    How the Next Financial Crisis Starts

    July 4, 2025

    Insurance Underwriter Title Resources Group Appoints Natasha Branch as VP of Education and Underwriting Counsel

    July 4, 2025

    Supreme Court Rejects Challenge to Obamacare Preventive Care Coverage

    July 4, 2025
    Leave A Reply Cancel Reply

    Don't Miss

    How the Next Financial Crisis Starts

    By insurancejournalnewsJuly 4, 20250

    The Financial Times offers various subscription plans to access quality journalism, including the FT Edit app and exclusive newsletters.

    Insurance Underwriter Title Resources Group Appoints Natasha Branch as VP of Education and Underwriting Counsel

    July 4, 2025

    Supreme Court Rejects Challenge to Obamacare Preventive Care Coverage

    July 4, 2025

    Pioneers in Autonomous Vehicle Insurance Poised for Growth as Industry Evolves

    July 4, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Our Picks

    How the Next Financial Crisis Starts

    July 4, 2025

    Insurance Underwriter Title Resources Group Appoints Natasha Branch as VP of Education and Underwriting Counsel

    July 4, 2025

    Supreme Court Rejects Challenge to Obamacare Preventive Care Coverage

    July 4, 2025

    Pioneers in Autonomous Vehicle Insurance Poised for Growth as Industry Evolves

    July 4, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    New

    Montana Eyes Workers’ Comp for First Responders with PTSD

    February 24, 2025

    Best Home and Auto Insurance Deals for Veterans

    February 24, 2025

    Pennsylvania Insurance Department: Protecting Consumers and Regulating the Insurance Market

    February 24, 2025
    Categories
    • Business Insurance (1,819)
    • Identity Protection (522)
    • Life Insurance (1,725)
    • New (5,587)
    • Pets Insurance (517)
    • Property Insurance (985)
    • Vevehicle Insurance (463)

    How the Next Financial Crisis Starts

    By insurancejournalnewsJuly 4, 20250
    Facebook X (Twitter) Instagram Pinterest
    © 2025 Insurance Journal News. Designed by Insurance Journal New.

    Type above and press Enter to search. Press Esc to cancel.