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HLDI News | June 14, 2000Subscribe

Worst insurance theft losses are for Mercedes model; two of three with worst theft losses are Acura models

ARLINGTON, Va. — The Mercedes S class, a very large luxury car, heads the list of passenger vehicles with the highest insurance losses for theft. Overall losses for this car are 10 times higher than the average for all passenger cars. This is the first time in five years that a SUV hasn't topped the list of vehicles with the worst theft losses, which are published annually by the Highway Loss Data Institute (HLDI).

"The Mercedes S class has appeared on the 10 worst list for 5 years. It's obviously an attractive target for professional thieves because of its value," says Kim Hazelbaker, HLDI senior vice president.

The two-door Acura Integra has the second-worst result, with losses also 10 times higher than the average among 1997-99 passenger vehicles. These high overall losses are produced by different factors, Hazelbaker explains. The Mercedes has extremely high average loss payments per claim, while the Acura's claim frequency is very high.

The four-door Integra has the third-highest overall theft loss result. Now Honda, which manufactures Acuras, has equipped all Integras for the 2000 model year with passive immobilizing antitheft devices.

During the 1980-99 model years, theft claim frequencies have declined significantly, but this trend has been mostly offset by increasing theft losses per claim. In 1999, the last year for which information is available, the average theft loss payment per claim also declined.

Worst overall theft losses
Make and seriesModel yearsSize and typeResult
Mercedes S class long wheelbase1997-99very large luxury four-door car1001
Acura Integra1997-99small two-door car996
Acura Integra1997-99small four-door car757
Mitsubishi Montero Sport 4 wheel drive1997-99midsize four-door SUV616
Mercedes SL class convertible1997-99small sports car539
Nissan Maxima1997-99midsize four-door car509
Lexus GS 300/4001997-99large luxury four-door car421
BMW 3 series1997-99midsize luxury two-door car409
BMW 7 series long wheelbase1997-99very large luxury four-door car387
Lincoln Navigator 4 wheel drive1998-99large four-door SUV387
Note: Results are relative average loss payments per insured vehicle year; 100 represents the average for all cars.

Insurance theft claim frequencies and average loss payments per claim, 1980-99

Graph image

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