Old Hondas = High Theft
The results are in, says the National Insurance Crime Bureau (NICB), and the 1991 Honda Accord is officially the most stolen vehicle of 2005. Number two, incidentally, is the 1995 Honda Civic. Which is interesting because a friend of mine had a '94 Civic stolen from him not long ago.
The good news is that car theft seems to be on the decline. Over 1.2 million cars were stolen in 2005, but that figure is down 2,625 from 2004. Seems incremental, but hey, I'm looking at the glass half full today.
NICB reports are always pretty fascinating to me. Take for example, the fact that just over 62 percent of stolen cars were recovered in 2005. Then consider that the 450,000 remaining vehicles left outstanding are probably scattered throughout chop-shops, are exported to other countries or sitting at the bottom of a pond. Pretty interesting stuff. But depressing, sure, when you consider the inflation of insurance premiums on account of auto fraud. I'm thinking Dateline NBC should take this story and run with it.
Anyway, head over to the Insurance Journal for a shortened report, or read the whole thing over at the NICB web site. I'll call Dateline with the news tip. :)
[Bonus link]: Check out this awesome video on global warming by the World Wildlife Foundation.








Comments
Wow, that is interesting... hope the insurance business is going well.
Posted by: john | November 2, 2006 09:34 AM
Wow, who would have thought that the Honda Civics and Accords would be such a drain on the insurance field as a whole?
Posted by: Evan | November 2, 2006 10:22 AM
Well...let's not be too quick to place blame on Hondas. They're not the ones stealing and damaging themselves, afterall. :)
Posted by: Megan Mahan | November 3, 2006 03:20 PM