These days, vehicle thieves are becoming cleverer and more brazen, and the number of vehicle thefts and break-ins is increasing. In fact, a car is stolen every six minutes on average in Canada.1 Many of these stolen vehicles are resold, used for parts, or sent on shipping containers overseas as part of “steal-to-order” schemes and cannot be recovered.
Recent trends show that both high-performance vehicles and more common models are equally targeted. The most-prized vehicles are SUVs, pickups, hybrids, and any vehicle with a key fob. In Oakville, Ontario, alone, a total of 124 vehicles were stolen over six months, with 66 of those linked to relay or reprogramming technology.2 Using a “relay device,” thieves can amplify the signal of a vehicle’s key fob, allowing them to gain access to the vehicle, unlock, start, and steal it – without ever having possession of the actual key fob.
In many theft cases, however, theft prevention measures could have been taken by the vehicle owners. What can you do to protect your vehicle and prevent theft? Here are a few tips:
This document is advisory in nature and is offered as a resource to be used together with your professional insurance advisors in maintaining a loss prevention program. It is an overview only, and is not intended as a substitute for consultation with your insurance broker, or for legal, engineering or other professional advice.
Chubb is the marketing name used to refer to subsidiaries of Chubb Limited providing insurance and related services. For a list of these subsidiaries, please visit our website at www.chubb.com. Insurance provided by Chubb Insurance Company of Canada or Chubb Life Insurance Company of Canada (collectively, “Chubb Canada”). All products may not be available in all provinces or territories. This communication contains product summaries only. Coverage is subject to the language of the policies as actually issued.
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