TORONTO, November 22, 2000 – The Hyundai Tiburon FX tops the list of the 10 most frequently stolen vehicles manufactured in 1998 and 1999, according to a publication released today by the Vehicle Information Centre of Canada (VICC), a division of the Insurance Information Centre of Canada (IICC). The annual publication, How Cars Measure Up, compares the insurance claim records of the most popular models of cars, vans, sport utility vehicles and pickup trucks. The current edition presents results for the 1998 and 1999 models, where at least 1,000 of each of the models were insured. According to the publication, the other most frequently stolen vehicles, in order from most stolen to least are: 2. Volkswagen Golf (two door) 3. Acura Integra (two door) 4. Jeep TJ (four-wheel drive) 5. Hyundai Accent (two door) 6. Chevrolet Cavalier Z24 7. Dodge Durango (four-wheel drive) 8. Dodge Dakota (four-wheel drive) 9. Toyota 4Runner (four-wheel drive) 10. Dodge Ram 1500 (four-wheel drive) "This publication is a tool for consumers to use before buying a car," said Henning Norup, president and COO of VICC. "It indicates how theft, collision and other claims costs affect the cost of insurance." Theft of vehicles and their components costs Canadian policyholders almost $600 million per year in insurance premiums. Policyholders pay for the cost of theft through the comprehensive portion of their premiums. Although the comprehensive portion of insurance policies also covers losses other than theft, such as hail and vandalism, theft accounts for half of the amount paid by insurers for comprehensive claims submitted for new vehicles.
Additionally, for the second year in row, the Toyota 4Runner (four-wheel drive) tops the list of the 10 vehicles with the highest theft claim cost per vechiel at more than seven times the average cost for 1998 and 1999 models. The others are: 2. Volkswagen Golf (two door) 3. Acura Integra (two door) 4. Mercedes-Benz E320W 5. Hyundai Tiburon FX 6. Audi A6 Sedan 7. Lincoln Navigator (four-wheel drive) 8. Infiniti QX4 (four-wheel drive) 9. Chrysler Town and Country Wagon (two-wheel drive) 10. Dodge Durango (four-wheel drive) "With the exception of the Lincoln Navigator, no Ford vehicle appears on our top 10 lists," said Mr. Norup. "This is a direct result of Ford installing their electronic immobilizer, which meets our auto theft deterrent standard, in more of their vehicles," said Mr. Norup. VICC developed an auto theft deterrent standard that was approved by the Standards Council of Canada in 1998, and last March, it recognized Ford's immobilizing system as meeting the requirements of its standard.