About // Insurance Carriers // FAQs // Blog // Contact // (800) 525-3817

Personal Insurance

We’ve got all the kinds of coverage you need, from car and home to motorcycle and boat insurance. Give us a call today or request a quote to find out how affordable insurance coverage can be.

 
Commercial Insurance

You’ve worked hard to build your business. Don’t let all that be for nothing by leaving yourself, your employees, and your future unprotected. We can help you find complete coverage at an affordable price.

Current Clients

Request Service
for Your Policy

Contact Us
This form does not yet contain any fields.
    Tuesday
    Jul112017

    Know the Facts to Help Avoid Being a Victim of Auto Theft

    According to the FBI's National Crime Information Center, one vehicle is stolen about every 25.5 seconds in the U.S., which amounts to a total of 1,235,226 stolen U.S. vehicles and upwards of 7.6 billion dollars in vehicle losses.

    Despite the tremendous expense involved when a car is stolen, many consumers still aren't preparing in advance to handle the possibility of a vehicle theft. A number of common misconceptions have contributed to consumers adopting a defeatist attitude about vehicle theft. There are a number of vehicle owners that feel it's all but impossible to prevent becoming a victim of vehicle theft, even when protective methods like anti-theft devices are used. This type of defeatist attitude can have serious and unnecessary consequences for vehicle owners.

    The Wiser Drivers Wise Up project was started by the Council of Better Business Bureaus, the Insurance Information Institute, and The National Insurance Crime Bureau to dispel the defeatist attitude and teach drivers how to handle their vehicle being stolen. The program includes five auto theft myths that can actually leave a vehicle owner more vulnerable to having their vehicle stolen:

    1. Older vehicles aren't targeted by thieves. Statistics clearly show this myth isn't true. For example, The National Insurance Crime Bureau reports that the five top stolen model years for 2009 were: 1994 Honda Accord, 1995 Honda Civic, 1991 Toyota Camry, 1997 Ford F-150 Pickup, and 2004 Dodge Ram Pickup.

    2. The majority of vehicle thefts occur in unprotected areas. Again, statistics clearly disprove this myth. According to one FBI report on the subject, more than a third of all vehicle thefts take place from a home. The same report showed that only two in ten vehicle thefts take place in a parking lot and that only a very small number of vehicles are stolen or carjacked along roadways, highways, and alleys. So, parking in a an area felt to be secure doesn't decrease the likelihood of your vehicle being stolen.

    3. Anti-theft devices aren't hard to install. Unless, you're trained on the complexities of a vehicle's electronic workings, then it's best to pay for a professional to install, wire, and test the anti-theft device for you. It might be tempting to go with the cheapest price, but keep in mind that a cheap price doesn't always equate to a bargain. Check with the Better Business Bureau to help you determine if the installer is running a reputable business, especially if a business is offering a substantial price difference from their competitors. If the technician that will be installing your alarm system hasn't been certified by the Mobile Electronics Certification Program (MECP), then you might want to consider a different installer. Make sure that the installer provides instruction on how the alarm system works and is operated. You will also want a written warranty from the installer.

    4. The police usually find stolen vehicles. Only half of all stolen vehicles are ever recovered. The first few days following the theft will be critical, as the chance of recovery diminishes with each day the thief possesses it. The highest number of vehicle thefts occur on Saturdays and Fridays. The highest number of recoveries are from vehicle thefts occurring on a Monday or Tuesday.

    5. Insurance companies always provide victims of vehicle theft with a rental car. Check your policy; while theft coverage is part of a comprehensive auto insurance policy, it may or may not include a rental replacement car following a theft.

    In closing, vehicle owners shouldn't make the costly mistake of assuming vehicle theft is an inevitable occurrence. It's also advisable to do an annual review of your auto policy for mandatory coverages, needed coverages, and coverage features like rentals and roadside assistance.

    PrintView Printer Friendly Version

    EmailEmail Article to Friend

    References (1)

    References allow you to track sources for this article, as well as articles that were written in response to this article.

    Reader Comments

    There are no comments for this journal entry. To create a new comment, use the form below.

    PostPost a New Comment

    Enter your information below to add a new comment.

    My response is on my own website »
    Author Email (optional):
    Author URL (optional):
    Post:
     
    Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>
    « Here's Why Your Private Company Needs D&O Liability Insurance | Main | EEOC Issues Guidance on Discrimination Against Workers with Caregiving Responsibilities »

    Give Us a Shot
     
    Follow Us
         
       
     
    Contact Info
     
     
    Legal Stuff

    California license #0D60878
    Arizona license #151474
    Georgia license #175676
    Idaho license #464725
    Kansas license #753057454-000
    Oregon license #100156593
    Nevada license #18577
    New Mexico license #100009065
    Texas license #1991219
    Washington license #224471

    Copyright © 2013, Stanley M. Davis Insurance. All rights reserved.

    This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 Unported License.

    Powered by Awesurance

    Admin | Forms