Understanding and preventing auto theft

Automobile Understanding and preventing auto theft

Auto theft is a lucrative business: in 2024, nearly 6,000 vehicles were stolen across the country, resulting in losses of over $171 million. 

These figures, however, do not fully reflect the emotional and social impact of vehicle theft, which causes disruption, anxiety, and fear for vehicle owners whose car was stolen.

Beyond the financial costs, auto theft fuels an increase in crime. It's a complex issue, which requires collaboration between automakers, insurers, and all levels of government, and law enforcement.

Why is your car stolen?

Generally, cars are stolen for three reasons:

  • Exporting: Quebec - and Montreal in particular - is a strategic hub for exporting stolen vehicles, notably because of its portuary activities. Its proximity to the U.S. border and major waterways makes easy work for thieves.
    These cars are exported mainly to Africa, Asia, and Europe. Luxury vehicles and late-model SUVs are the most popular targets for this type of theft.
  • Dismantling for parts: Your stolen car is taken to a clandestine workshop, commonly known as a chop shop. There, it is partially or completely dismantled. The resulting parts are sold on the illegal recycled parts market in Quebec or elsewhere. 
  • Vehicle resale: organized crime networks use a variety of techniques to fraudulently ReVIN vehicles, giving them a legal identity and selling them here or elsewhere.

The increase in auto theft can be attributed to several factors, including:

  • Lack of parts and vehicle inventory;
  • Involvement of organized crime and an ever-increasing demand for SUVs worldwide;
  • Lack of microprocessors;
  • Availability of replacement vehicles;
  • Vehicles easier to steal thanks to their electronic keys.

 

 

prevention

vandalism

auto theft

loss

On the same subject...

Who is at fault in a car accident?
Automobile

Who is at fault in a car accident?

Find out more

Demystifying no-fault insurance in Quebec
Automobile

Demystifying no-fault insurance in Quebec

Find out more

Total loss vehicle: what you need to know
Automobile

Total loss vehicle: what you need to know

Find out more

logo de linkedIn