The chop shop gang has definite favorites when it comes to swiping vehicles. So you might want to think about “ hot cars” in a two-fold manner.
The first is the simple hot car or truck – selling well, in demand for the moment and with some buzz behind it. A good set of wheels, right?
However, hot as “in demand” has a darker side, too, and might give you second thoughts about your next vehicle.
According to the latest data from the Highway Loss Data Institute (HLDI), people file insurance theft claims for versions of the 2007-09 Cadillac Escalade, a luxury SUV, followed by Ford’s F-250 crew pickup, the Infiniti G37 luxury car, and Dodge Chargers with a HEMI engine, more than any other models.
In fact, theft rates for these vehicles are three to five times as high as the average for all other vehicles – your rates may vary, but you will likely pay a premium for coverage if you own one of these.