Evo among highest in Theft Study
06-07-2006, 01:51 PM
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My Rex goes to 11!
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Evo among highest in Theft Study
hope your car doesn't get stolen Ike! 
Cadillac Escalade and Mitsubishi Lancer Evolution top the list of highest insurance claims for theft
ARLINGTON, VA — Versions of the 2003-05 Cadillac Escalade, Mitsubishi Lancer Evolution, and Dodge Ram 1500 quad cab pickup have the highest rates of insurance theft claims. The 3 vehicles have claim rates 4 to 5 times the average for all vehicles. These are the latest theft loss results for passenger vehicles 1 to 3 years old published by the Highway Loss Data Institute (HLDI), an affiliate of the Insurance Institute for Highway Safety.
Overall losses for pickups have increased sharply since 1999. This is mainly because of high theft claims for the Dodge Ram and Ford F-250/350. In contrast, losses for cars and SUVs increased slightly in 2003-04 but declined in 2005. The rate of theft of pickups in 2005 was nearly twice as high as for cars or SUVs.
This is the fourth year in a row that the Escalade has topped the list of vehicles most likely to have a theft claim. In fact, 4 versions of the Escalade (EXT, a specialty pickup, plus 2- and 4-wheel-drive versions of the short- and long-wheelbase Escalade SUVs) head the list of the worst overall insurance losses for theft among all passenger vehicles. The EXT has overall theft losses that are 16 times higher than the average.
"The overall results show the Escalade has not only the highest rate of claims but also very expensive claims when they are filed," says Kim Hazelbaker, HLDI senior vice president. "In fact, almost one-quarter of theft claims for the Escalade are for $40,000 or more, indicating that thieves often are stealing the whole vehicles and not just their parts."
The Escalade's theft losses have been the highest in recent years even though this vehicle is equipped with a standard antitheft ignition immobilizer. An immobilizer is built into a vehicle's electronic ignition system. It's supposed to prevent the vehicle from being started without the proper key.
Cadillac redesigned the Escalade for 2007 and upgraded its antitheft system. It's too soon to know if the new model will have a lower theft rate than the previous ones.
The high-performance Lancer Evolution is new this year to the list of vehicles with the highest theft losses. Investigators say this model may be attracting the attention of thieves because its parts can be used to customize standard Lancers.
HIGHEST LOSSES
Cadillac Escalade Large luxury SUV 13.2 $17,913 $236
Mitsubishi Lancer Evolution 4WD Small 4-door car 11.9 $10,326 $123
Dodge Ram 1500 quad cab Large pickup truck 11.1 $10,088 $112
Ford F-250/350 supercrew 4WD (2005s only) Very large pickup truck 8.9 $17,702 $158
Chrysler Sebring (2004-05s) Midsize 4-door car 8.5 $5,077 $43
LOWEST LOSSES
Ford Taurus Large station wagon 0.3 $3,872 $1
Pontiac Vibe 4WD Small station wagon 0.4 $3,872 $1
Buick LeSabre Large 4-door car 0.5 $4,905 $2
Buick Park Avenue Large luxury car 0.5 $3,270 $2
Toyota Sienna 4WD (2004-05s) Very large minivan 0.6 $8,777 $5
AVERAGE ALL CARS 2.6 $8,605 $22
Notes: Claim frequencies are per 1,000 insured vehicle years; results are for 2003-05 models unless otherwise noted
HIGHWAY LOSS
DATA INSTITUTE
1005 N. GLEBE RD. ARLINGTON, VA 22201 TEL. 703/247-1500 FAX 703/247-1588 www.iihs.org
Cadillac Escalade and Mitsubishi Lancer Evolution top the list of highest insurance claims for theft
ARLINGTON, VA — Versions of the 2003-05 Cadillac Escalade, Mitsubishi Lancer Evolution, and Dodge Ram 1500 quad cab pickup have the highest rates of insurance theft claims. The 3 vehicles have claim rates 4 to 5 times the average for all vehicles. These are the latest theft loss results for passenger vehicles 1 to 3 years old published by the Highway Loss Data Institute (HLDI), an affiliate of the Insurance Institute for Highway Safety.
Overall losses for pickups have increased sharply since 1999. This is mainly because of high theft claims for the Dodge Ram and Ford F-250/350. In contrast, losses for cars and SUVs increased slightly in 2003-04 but declined in 2005. The rate of theft of pickups in 2005 was nearly twice as high as for cars or SUVs.
This is the fourth year in a row that the Escalade has topped the list of vehicles most likely to have a theft claim. In fact, 4 versions of the Escalade (EXT, a specialty pickup, plus 2- and 4-wheel-drive versions of the short- and long-wheelbase Escalade SUVs) head the list of the worst overall insurance losses for theft among all passenger vehicles. The EXT has overall theft losses that are 16 times higher than the average.
"The overall results show the Escalade has not only the highest rate of claims but also very expensive claims when they are filed," says Kim Hazelbaker, HLDI senior vice president. "In fact, almost one-quarter of theft claims for the Escalade are for $40,000 or more, indicating that thieves often are stealing the whole vehicles and not just their parts."
The Escalade's theft losses have been the highest in recent years even though this vehicle is equipped with a standard antitheft ignition immobilizer. An immobilizer is built into a vehicle's electronic ignition system. It's supposed to prevent the vehicle from being started without the proper key.
Cadillac redesigned the Escalade for 2007 and upgraded its antitheft system. It's too soon to know if the new model will have a lower theft rate than the previous ones.
The high-performance Lancer Evolution is new this year to the list of vehicles with the highest theft losses. Investigators say this model may be attracting the attention of thieves because its parts can be used to customize standard Lancers.
HIGHEST LOSSES
Cadillac Escalade Large luxury SUV 13.2 $17,913 $236
Mitsubishi Lancer Evolution 4WD Small 4-door car 11.9 $10,326 $123
Dodge Ram 1500 quad cab Large pickup truck 11.1 $10,088 $112
Ford F-250/350 supercrew 4WD (2005s only) Very large pickup truck 8.9 $17,702 $158
Chrysler Sebring (2004-05s) Midsize 4-door car 8.5 $5,077 $43
LOWEST LOSSES
Ford Taurus Large station wagon 0.3 $3,872 $1
Pontiac Vibe 4WD Small station wagon 0.4 $3,872 $1
Buick LeSabre Large 4-door car 0.5 $4,905 $2
Buick Park Avenue Large luxury car 0.5 $3,270 $2
Toyota Sienna 4WD (2004-05s) Very large minivan 0.6 $8,777 $5
AVERAGE ALL CARS 2.6 $8,605 $22
Notes: Claim frequencies are per 1,000 insured vehicle years; results are for 2003-05 models unless otherwise noted
HIGHWAY LOSS
DATA INSTITUTE
1005 N. GLEBE RD. ARLINGTON, VA 22201 TEL. 703/247-1500 FAX 703/247-1588 www.iihs.org
Last edited by Dinhx8; 06-07-2006 at 01:54 PM.
06-07-2006, 01:54 PM
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I can see why the Evo gets stolen so much...who wouldn't want an econo box with a free workbench for a spoiler? 
06-07-2006, 02:14 PM
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11.9 in 1000 Evos have a theft claim, not have their car stolen. Still makes me worry a bit about my insurance rates, also makes me worry about what idiot thieves are going to see this on the news and get an idea.
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