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Honda Civics continue to top the list of Canada's Top Ten Stolen ...

11/21/2006
TORONTO, Nov. 21 /CNW/ - Canada's car insurers announced today
that, for
the second year running, the 1999 and 2000 Honda Civics SiR 2-door
hold the
dubious distinction of topping this year's most frequently stolen
vehicles
list. The two models also had the third and fourth highest theft
claims cost
per vehicle. The highest theft claim cost per vehicle "honour" went
to the
third most frequently stolen vehicle, the 2004 Subaru Impreza
WRX/WRX STi
4-door all-wheel-drive.




Once again, none of the vehicles making the top ten most
frequently
stolen vehicles list had an Insurance Bureau of Canada-approved
immobilizer
system.
"The stats prove time and again that theft deterrent systems
work. This
year, we see that auto thieves continue to find it easier to steal
older
vehicles lacking an IBC-approved immobilizer," says Rick Dubin,
Vice-President, Investigations, IBC. "We've seen this trend
developing for
several years, and these results confirm it," adds Dubin.
Electronic immobilizers are systems that prevent a vehicle from
starting
unless the engine computer recognizes the specific electronic code
embedded in
the key. IBC, along with vehicle manufacturers, after-market
manufacturers,
and other interested stakeholders, developed a Canadian standard
for
automobile theft-deterrent systems that was approved by the
Standards Council
of Canada in 1998. Many insurance companies provide premium
discounts on
automobile policies to customers whose vehicles are equipped with
an
IBC-approved, factory-installed or aftermarket immobilizer system.
"Immobilizers are highly effective at deterring car thieves. In
terms of
this year's stats, you have to go down the list to the 28th
most-frequently
stolen spot to find a vehicle, the 2001 Audi S4 Quattro 4-door,
that
registered a high theft frequency despite the fact that it is
protected by an
immobilizer. It just underlines the reality that theft is much more
likely
when a vehicle is not equipped with an immobilizer," Dubin adds.
For this
reason Transport Canada has made it mandatory that all new cars,
light trucks
and SUV's are required to be equipped with an electronic
immobilizer as of
September 2007.
In contrast, all but three of the least stolen vehicles last
year were
models that featured IBC-approved immobilizer systems. These
vehicles were
best insurance bets as far as auto theft is concerned.




The first eight models shared the lowest frequency of theft
claims, the
vehicle in 9th spot, had the second lowest, and the last three tied
for the
third lowest frequency.
Data on vehicle theft frequency is based wholly on actual
insurance
claims information collected from companies that write almost 100%
of all
automobile insurance in Canada.
This data is also found in this year's edition of IBC's How
Cars Measure
Up, which compares the insurance claim records of the most popular
models of
cars, passenger vans, SUVs and pickup trucks across the country.
Consumers can
also access information on the best and worst models according to
collision,
comprehensive and theft cost experience. This information can be
extremely
useful to consumers before they actually buy either a new or used
car. How
Cars Measure Up is designed to help consumers understand how theft,
collision
and other claim costs affect insurance premiums. For more
information, visit
IBC's web site at www.ibc.ca and click on "How Cars Measure Up"
under "Quick
Links."
In 2005, 160,000 vehicles were stolen in Canada. Theft of
vehicles (and
their components) costs Canadian policyholders more than $540
million annually
in insurance premiums and more than $1 billion when other costs
such as
ambulance, police, and court costs are included. The safety and
security of
our communities are at risk considering that, on average, 40 people
die each
year and 65 are seriously injured as a result of auto theft.

Insurance Bureau of Canada is the national trade association of
the
private property and casualty insurance industry. It represents
more than 90%
of the non-government home, car and business insurance in Canada.
IBC is
highly regarded as a provider of automobile insurance rating
information and a
creator of the Canadian automobile theft-deterrent standard.

For further information: or to arrange an interview with Rick
Dubin,
Vice President, Investigations, IBC, please contact: Ellen Woodger,
(416)
483-2358; or John Karapita, (416) 362-2031, x4351

Canada NewsWire









Honda Civics continue to top the list of Canada's Top Ten Stolen ...
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