ARLINGTON, Va. — The Acura Integra, both two- and four-door models, heads the list of 1998-2000 passenger vehicles with the highest insurance losses for theft. Overall losses for these models are more than 10 times higher than the average for all passenger cars. Next is the Chevrolet Corvette sports car (convertible model) followed by the four-wheel-drive Cadillac Escalade, a sport utility vehicle. Insurance theft loss results are published annually by the Highway Loss Data Institute (HLDI), an affiliate organization of the Insurance Institute for Highway Safety.
"Among the 10 passenger vehicles with the worst theft losses, four are luxury cars. Another three are SUVs, and two are small cars. This is the fourth year in a row the Integra has appeared on the 10 worst list," says Kim Hazelbaker, HLDI senior vice president.
Passenger vehicles with worst theft losses, 1998-2000 models
|Make and series||Vehicle size
|Average loss payment per insured vehicle year||Theft claim frequency||Average loss payment per claim|
|Acura Integra||small 2-door car||$230||21.6||$10,676|
|Acura Integra||small 4-door car||$182||16.1||$11,336|
|Chevrolet Corvette||small sports convertible||$73||3.3||$22,073|
|Cadillac Escalade 4-wheel-drive||large 4-door SUV||$71||6.5||$10,976|
|Lexus GS 300/400||large 4-door luxury car||$65||3.5||$18,594|
|Mitsubishi Montero Sport 4-wheel-drive||midsize 4-door SUV||$64||4.7||$13,496|
|BMW 7 series long-wheel-base||very large 4-door luxury car||$60||2.9||$21,113|
|Mercedes CLK class||midsize 2-door luxury car||$58||3.3||$17,634|
|Audi A6 Quatro||midsize 4-door luxury car||$58||2.6||$22,433|
|Lincoln Navigator 4-wheel-drive||large 4-door SUV||$54||4.4||$12,176|
|Average for all cars||$15||2.6|
claims per 1,000 insured vehicle years
Overall theft losses (stated as average loss payments per insured vehicle year) reflect both the frequency at which passenger vehicles are stolen and the amount of insurance payments for claims. "Integras don't have especially high payments, but they do have by far the highest frequencies of claims. We don't know why these models have such high frequencies," Hazelbaker says. Recognizing the theft problem, Honda (which manufactures Acuras) equipped all 2000 and 2001 Integras with passive immobilizing antitheft devices. "We'll monitor the effects," Hazelbaker adds.
Insurance theft claim frequencies and average loss payments per claim, 1980-2000
During the 1980-2000 model years, theft claim frequencies declined significantly, while average insurance payments per claim increased significantly. Claim payment increases have slowed since the 1995 model year, resulting in a decline in overall theft losses after many years of remaining constant.