Oct 13, 2021
LOS ANGELES, Oct. 13, 2021 /PRNewswire/ -- Mercury Insurance is reporting a dramatic increase in vehicle vandalism and auto theft in California with comprehensive auto insurance claims up 40% since pre-pandemic levels. While the increase in theft and vandalism began when the COVID-19 pandemic started, theft of audio and other car parts, including catalytic converters, continue to rise as pandemic restrictions are relaxed.
"Thieves have been waiting for this moment," said Randy Petro, Vice President and Chief Claims Officer at Mercury Insurance. "Staying vigilant and keeping in mind good practices when you leave your vehicle can help reduce the likelihood of your car being stolen or damaged. Comprehensive coverage provides that extra peace of mind knowing you will be covered from theft or vandalism."
This year, Northern California has reported nearly twice the comprehensive auto claim frequency than Southern California, with smaller population density areas reporting a higher theft rate than areas with larger populations. The top five vehicles for Mercury comprehensive claims in California are the:
"Thieves love the Toyota Prius," said Petro. "The frequency of claims for this vehicle compared to the other vehicles on the list is nearly double. If you own a Prius, be extra careful of where you park and what you keep in it."
According to the National Insurance Crime Bureau, California leads the nation in car thefts. Motor vehicle theft reports have increased nearly 24% since 2019. The top five vehicles for Mercury total thefts in California are the:
Car thieves can strike anywhere at any time. According to Mercury claim data, nearly 22% of comprehensive claim losses occur at night. Mercury offers the following tips to help keep owners from falling victim to a potential prowler:
Victims of auto theft or vandalism should contact their local police department immediately to file a report. Contact your insurance company and file a claim within 24 hours of your vehicle being vandalized or stolen.
About Mercury Insurance
Mercury Insurance (NYSE: MCY) is a multiple-line insurance carrier predominantly offering personal auto, homeowners, renters and commercial insurance through a network of independent agents in Arizona, California, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia, as well as auto insurance in Florida. Mercury writes other lines of insurance in various states, including business owners and business auto, landlord, home-sharing, ride-hailing and mechanical protection insurance.
Since 1962, Mercury has provided customers with tremendous value for their insurance dollar by pairing ultracompetitive rates with excellent customer service. Mercury has earned "A" ratings from A.M. Best and Fitch, as well as ranking highest in the J.D. Power 2021 U.S. Insurance Digital Experience StudySM and four consecutive "Best Auto Insurance Company" awards from Insure.com. For more information visit www.MercuryInsurance.com or follow the company on Twitter or Facebook.
SOURCE Mercury Insurance
For further information: PCG - Monica Carter (424) 903-3640 (mcarter@pacificcommunicationsgroup.com)