If you live in an area with a high crime rate, you may be exposed to auto theft at some point or another. And unfortunately, auto theft can affect your auto insurance premiums - especially if it's recurrent. I'll show you some facts and figures so that you can find out which areas have the highest auto theft rates. And I'll also show you which type of insurance can cover your back in the event of motor vehicle theft.
Auto insurance rates are determined by many factors, one of them is the location where you live. And, one of the factors that determines the car insurance rates of a particular location is the area's crime rate. If your area has a high risk of motor vehicle theft, your insurance company may use those statistics to increase your insurance rates. Surprisingly, motor vehicle theft is the No. 1 crime in the U.S., with one vehicle stolen every 44 seconds according to the FBI. The NICB (National Insurance Crime Bureau) says that the state with the highest auto theft rate is California. And the 3 metro areas with the highest rates of auto theft in 2012 are Modest, Fresno and Bakersfield - all in California.
If you live in one of these areas you may seriously want to consider purchasing comprehensive insurance, because it covers auto theft. Comprehensive insurance is not mandatory, but it may be worth it if the state you live in exposes you to a higher risk of car theft. Auto theft doesn't only refer to getting your entire vehicle stolen. It also refers to getting something stolen from your vehicle, or getting parts stolen. Certain vehicles have a higher theft risk as well. You may want to keep this in mind before purchasing a vehicle because it will have a direct impact on your insurance premiums.
According to NICB's most recent report (2009), the 3 most stolen vehicles in the US were the 1994 Honda Accord, the 1995 Honda Civic, and the 1991 Toyota Camry. Even if you have a high risk vehicle and you live in a high risk area, there are certain steps you can take to lower the risk of having your car stolen or broken into. It's important to use common sense, many vehicles are stolen because people forget to lock them. Make sure to lock your car and take the keys with you every time you leave your vehicle - and don't ever leave your vehicle while it's running! Don't leave valuables in your vehicle either since they are thief magnets! If you do have to leave something of value inside your vehicle, make sure to hide it carefully so that it cannot be seen through the windows. As a final note, remember to park wisely in a well-lit area.
Apart from using common sense to minimize car theft, specific devices can help protect your vehicle. Using a visible and audible warning device can deter robbers from choosing your vehicle. You can also use an immobilizing device that impedes your vehicle from starting. If your car doesn't budge, it can't be easily stolen. Some of the most effective immobilizing devices include ‘kill' switches, smart keys and fuel cut-offs. Another good idea is having a tracking device that sends you an alert each time your vehicle is moved. If your vehicle is stolen, a tracking device will help the police find it immediately.
If you haven't yet purchased a vehicle, try to buy one that has a low theft rate - because it will keep your insurance premiums low and avoid many headaches. If you already have a vehicle, and you feel that you are paying too much for your auto insurance, make sure to shop around and compare insurance from different auto insurer companies. Even if you are paying an acceptable rate, shopping around can help you find a better price since insurance companies generally offer special discounts to new customers.
If you would like to compare auto insurance, but you don't want to go through the hassle of digging through dozens of websites - don't fret, we've done the job for you! Find the best auto insurance here, or simply select your state in the box below to find the lowest car insurance quotes in your area!