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California sees 40% spike in comprehensive auto insurance claims – report

A major improve in car theft and vandalism in California has led to a surge in complete auto insurance coverage claims within the state, a brand new report from Mercury Insurance coverage says.

Based on the report, complete auto insurance coverage claims have gone up 40% since pre-pandemic ranges. Northern California reported practically twice the great auto declare frequency of Southern California, the report stated, with smaller inhabitants density areas reporting a a lot greater theft charge than areas with bigger populations.

Primarily based on Mercury Insurance coverage’s complete claims knowledge, the highest 5 autos for claims throughout the pandemic had been:

Toyota Prius
Honda Accord
Honda Civic
Toyota Tacoma
Toyota Camry
“Thieves love the Toyota Prius,” stated Mercury Insurance coverage vice chairman and chief claims officer Randy Petro. “The frequency of claims for this car in comparison with the opposite autos on the listing is sort of double. Should you personal a Prius, be additional cautious of the place you park and what you retain in it.”

The report additionally cited knowledge from the Nationwide Insurance coverage Crime Bureau, which discovered that California is the highest US state when it comes to automotive thefts. Motorized vehicle thefts within the state have elevated practically 24% since 2019, the bureau famous.

Mercury Insurance coverage additionally famous that though the rise in auto theft and vandalism started throughout the onset of the COVID-19 pandemic, the theft of audio and different automotive elements continues to rise as pandemic restrictions are lifted. The insurer additionally noticed that almost 22% of complete declare losses happen at evening.

“Thieves have been ready for this second,” stated Petro. “Staying vigilant and holding in thoughts good practices if you go away your car might help scale back the probability of your automotive being stolen or broken. Complete protection supplies that additional peace of thoughts understanding you may be coated from theft or vandalism.”


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