How car thefts are impacting your insurance, even if your car isn't stolen

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How car thefts are impacting your insurance, even if your car isn't stolen
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As the number of auto theft incidents rises in Canada, so have insurance premiums for drivers, even the ones whose vehicles aren't stolen.

, insurance companies in 2023 were on the hook for more than $1.5 billion in claims to replace stolen vehicles, marking the second consecutive year auto theft claims crossed the $1-billion mark. The 2023 number is a 254 per cent increase from the nearly $440 million claimed in 2018.

Drivers behind the wheel of a Honda Accord, CR-V or Civic, a Ford F-150, the Toyota Highlander or RAV4 face a 37 per cent increase above the average comprehensive premium cost, according to data from RATESDOTCA.it would put nearly $43 million toward combating the rise of auto thefts. Minister of Public Safety Dominic LeBlanc said that helping local police plays a "crucial role" in combatting auto theft.

Across Ontario, there was a 72 per cent increase in auto theft from 2014 to 2021 and a 14 per cent increase in 2022, according to the province.As the number of auto theft incidents rises in Canada, so have insurance premiums for drivers, even the ones whose vehicles aren't stolen.The trustee appointed to manage the bankruptcies of a Victoria mortgage company and its owner has concluded that they committed "numerous offences" and operated as a "massive Ponzi scheme.

Despite MLA's claims, Sask. legislative security didn't know Jeremy Harrison was bringing gun to property The trustee appointed to manage the bankruptcies of a Victoria mortgage company and its owner has concluded that they committed "numerous offences" and operated as a "massive Ponzi scheme."WestJet Encore pilots could walk off the job this weekend if an agreement isn’t reached with the airline, after filing a 72-hour strike notice.

The president of Covered Bridge Chips in New Brunswick is hoping to have his factory rebuilt for late 2025 following a devastating fire last year.Students and staff at Winnipeg’s Westwood Collegiate had a unique problem to solve this month; how do you lead ducks to water from the school’s courtyard when 12 of them can’t fly yet?Ski jumper Abigail Strate getting a buzz out of working with bees

Toronto MPP Bhutila Karpoche used her umbrella to shield herself from heavy rain Monday morning when she walked over to a high school in her riding to speak with Grade 10 students. The last thing she expected was to need to use it inside.Some of the leading candidates vying to become Mississauga's new mayor are squaring off in a debate this evening.A CP24 camera caught the moment a driver frantically got out of her car as it was being dragged by a truck on Avenue Road Wednesday afternoon.

The Manitoba government is promising new money for Winnipeg police to combat rising fears over retail theft and other issues.How farmers feel about the summer weather predictions for Manitoba Last season the Saskatchewan Roughriders' number one running back was Jamal Morrow, who is now a CFL free agent. This year the green and white have veteran A.J. Ouellete to lead the group.A proposed apartment development in Regina's Douglas Park neighbourhood has been granted approval from the City Planning Commission following a meeting Tuesday night that saw more pushback from area residents.

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