Insurance claims due to auto theft have skyrocketed in the Greater Toronto Area and across Ontario over the past few years, new data from the Insurance Bureau of Canada (ICB) shows.
Insurance claims due to auto theft have skyrocketed in the Greater Toronto Area and across Ontario over the past few years, new data from the Insurance Bureau of Canada shows.Tuesday show that auto theft claims in Toronto jumped from a little over $56 million in 2018 to nearly $372 million in 2023, an increase of 561 per cent.
Toronto continued to top the list of Ontario cities when it comes to the total value of auto theft claims. It was followed by Brampton, whose claims jumped 719 per cent since 2018 to reach more than $93 million last year. Mississauga jumped 533 per cent to reach nearly $90 million worth of claims, while claims jumped 789 per cent in Vaughan to just over $62 million, and 989 per cent in Markham to $43.6 million.
She praised the federal and provincial governments for rolling out plans to specifically combat auto theft and said there's more that can be done by other stakeholders.
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