Comprehensive auto insurance claims surges in California

Comprehensive auto insurance claims surges in California - report

Comprehensive auto insurance claims in the state of California have gone up by about 40 percent following the increase in car theft and vandalism, a new report from Mercury Insurance says.

The increase in auto theft and vandalism, the insurance firm noted, began during the onset of the COVID-19 pandemic, however, as pandemic restrictions are lifted the theft of audio and other car parts continues to rise.

According to the report, comprehensive auto insurance claims frequency in Northern California went up twice as much as in Southern California.

Areas with smaller population density reported a much higher theft rate than areas with larger populations, the report said.

Also data from the National Insurance Crime Bureau, the report noted, showed that California is the top US state in terms of car thefts. The bureau stated that since 2019  motor vehicle thefts in the state have risen nearly 24 percent.

Randy Petro, Mercury Insurance vice president, and chief claims officer, while listing the top vehicles for claims during the pandemic, said, “Thieves love the Toyota Prius.”

“The frequency of claims for this vehicle compared to the other vehicles on the list is nearly double. If you own a Prius, be extra careful of where you park and what you keep in it.”

The top five vehicles for claims during the pandemic, according to Mercury Insurance were listed as:

  • Toyota Prius
  • Honda Accord
  • Honda Civic
  • Toyota Tacoma
  • Toyota Camry

The chief claims officer stated that the period vehicles are most vulnerable to theft and vandalism is at night.

He said, “thieves have been waiting for this moment.”

“Staying vigilant and keeping in mind good practices when you leave your vehicle can help reduce the likelihood of your car being stolen or damaged. Comprehensive coverage provides that extra peace of mind knowing you will be covered from theft or vandalism.”

Author: Greg