Car Theft Toronto
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Car insurance rates are going up due to theft. Here’s what to knowInsurance companies have taken a hit due to higher thefts. In 2022, the industry lost $1 billion due to theft claims, according to Rates.ca, a significant increase from 2021.CanadaSep 2, 2023
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More than 10,000 cars reported stolen in Ontario last year, more than one per hourInsurance companies reported that there 10,900 car theft claims in 2021, which works out to a car going missing every 48 minutes with 48 per cent of those involving SUVS.CanadaJan 18, 2022
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