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Status Report, Vol. 48, No. 6 | August 8, 2013 Subscribe

Ford F-250 has highest theft rate of any 2010-12 model

The Ford F-250 has replaced the Cadillac Escalade as the favorite target of thieves, the Highway Loss Data Institute (HLDI) reports. New antitheft technology on the Escalade, as well as its waning popularity, are two likely reasons the luxury SUV has fallen from first to sixth place in the ranking of vehicles with the highest rates of insurance claims for theft.

"General Motors has put a lot of effort into new antitheft technology, so that may help explain the decline in the Escalade's theft rate," says HLDI Vice President Matt Moore. "On the other hand, sales of the Escalade have fallen in recent years, so there may be less of a market for stolen Escalades or Escalade parts."

Thieves continue to target large pickups and large SUVs at higher rates than other vehicles. No. 1 on this year's list, the four-wheel-drive F-250 crew cab, has a claim frequency of 7 per 1,000 insured vehicle years, or nearly 6 times the average for all vehicles. An insured vehicle year is one vehicle insured for one year, two for six months, etc.

Theft rates in general are declining, thanks in large part to the spread of ignition immobilizers, which prevent vehicles from being hot-wired and were standard in 89 percent of 2012 models. Fewer pickups than cars or SUVs have the feature as standard, which may help explain the higher theft rates for pickups. However, it doesn't explain the high theft rate of the F-250, which had a standard immobilizer for 2010-12, the model years covered in this year's report.

Chevrolet Silverado

Chevrolet Silverado 1500: The Chevrolet Silverado 1500 crew has the second-highest theft claim rate.

Dodge Journey

Dodge Journey 4WD: The Dodge Journey 4WD has the lowest claim rate for theft.


Many pickup claims result from the theft of equipment from the truck bed, and that may be the case with some of the F-250 claims. HLDI's data don't distinguish theft of vehicle contents or components from theft of a whole vehicle.

Each year HLDI analyzes theft losses for vehicles from the three previous model years. This is the first year since 2003 that some version of the Escalade hasn't topped the list of vehicles with the highest theft claim rates.

This year the Escalade has a claim frequency of 5.5 per 1,000 insured vehicle years. Though still more than 4½ times the average, that's about half the rate for 2007-09 Escalades reported in 2010. Only the regular four-wheel-drive version of the Escalade is included in this report. Other versions didn't have sufficient exposure or claims. To be included, a vehicle must have at least 20,000 insured vehicle years or 100 claims.

The Escalade always has had a standard ignition immobilizer, but thieves still could tow away the SUV on a flatbed truck. Since 2010, the Escalade has had a steering column lock as well. An improved version of this feature, along with an inclination sensor that sets off an alarm when the vehicle's angle is changed, was added in the 2012 model year. One indication these new features may be helping is that the average loss payment of each Escalade claim has fallen to $6,508, suggesting fewer whole-vehicle thefts. In contrast, the average loss payment for 2007-09 Escalades was $11,934. Other antitheft features, including a wheel-lock system, are available as options on 2012 models.

HLDI's theft numbers differ from other rankings because they are based on the number of insured vehicles on the road. In contrast, information published by the National Insurance Crime Bureau simply lists the most frequently stolen vehicles. As a result, that list usually reflects the most commonly driven models.
Insurance theft claims, 2010-12 passenger vehicles
  Vehicle size/type Claim
frequency
Average loss
payment
per claim
Overall
theft
losses
Highest claim rates
Ford F-250 crew 4WD very large pickup 7.0 $7,060 $50
Chevrolet Silverado 1500 crew large pickup 6.7 $5,463 $37
Chevrolet Avalanche 1500 very large SUV 6.1 $6,163 $38
GMC Sierra 1500 crew large pickup 6.0 $6,366 $38
Ford F-350 crew 4WD very large pickup 5.6 $7,517 $42
Cadillac Escalade 4WD large luxury SUV 5.5 $6,508 $36
Chevrolet Suburban 1500 very large SUV 5.4 $4,468 $24
GMC Sierra 1500 extended cab large pickup 4.7 $5,908 $28
GMC Yukon large SUV 4.5 $6,276 $28
Chevrolet Tahoe large SUV 4.4 $5,367 $23
Lowest claim rates
Dodge Journey 4WD midsize SUV 0.4 $5,016 $2
Volkswagen Tiguan 4WD small SUV 0.4 $10,352 $4
Audi A4 4-door midsize luxury car 0.4 $13,803 $5
Acura RDX midsize luxury SUV 0.4 $8,701 $3
Toyota Matrix small station wagon 0.4 $7,782 $3
Lexus HS 250 hybrid 4-door midsize luxury car 0.4 $2,226 $1
Honda CR-V small SUV 0.4 $4,630 $2
Hyundai Tucson 4WD small SUV 0.4 $4,134 $2
Toyota Sienna 4WD very large minivan 0.5 $13,038 $6
Jeep Compass 4WD small SUV 0.5 $5,527 $3
Average all passenger vehicles 1.2 $6,532 $8
Note: Claim frequencies are per 1,000 insured vehicle years;
overall losses are average payments per insured vehicle year.

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