10/10/2007

In 2006, 1,192,809 vehicles were reported stolen in the U.S. -- 42,417 fewer than in 2005, according to the National Insurance Crime Bureau. That's the third year in a row the rate of thefts has declined. Still, using the FBI's average valuation of $6,649 per stolen vehicle, the thefts resulted in more than $7.9 billion in losses in 2006 in vehicle value alone.

Full Story:
Insurance Journal

Related Summaries