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US Vehicle Thefts Approached 500K in June 2022 with no End in Sight

As discussed in previous newsletters, the United States is experiencing an alarming upward trend in vehicle thefts, catalytic converter thefts, and carjackings since the inception of the pandemic. Now, we have some data for the first half of 2022.

According to a new analysis from the National Insurance Crime Bureau (NICB), “nearly half a million vehicles were stolen in the first half of 2022 (as of June 30), equating to an estimated $4.5 billion dollars’ worth of vehicle losses from thefts. This represents a 25% increase over the vehicle theft total reported for the first half of the year in 2019. Additionally, NICB estimates 100,000 more vehicles will have been stolen by the end of 2022 in comparison to pre-pandemic totals.”

The NICB noted that these are the highest numbers since 2008, with full anticipation of the numbers increasing.

As you may know, living and/or working in the Tri-State area, Philadelphia has seen one of the biggest increases. NICB’s new analysis stated the following:

“Some cities with the largest increases between the first half of 2019 and the first half of 2022 include:

Denver, CO: 155% increase

Philadelphia, PA: 106% increase

Austin, TX: 64% increase

Separately, catalytic converter thefts have increased 1,215% nationwide since 2019, and carjackings have increased 160% to over 500% in some major cities since 2019.”

Stay vigilant and proactive. Here are some ways you can help protect yourself, your families, and your vehicles:

  • Lock your doors, when you’re driving in your vehicle, and when you’re not!

  • Do not leave your keys in your vehicle, under any circumstances.

  • Close the windows.

  • Park in well-lit areas, and DO NOT leave valuables in your car.

  • If you have an audible alarm system, use it. If you don’t, consider having one installed. Anti-theft devices such as steering wheel locks are also recommended.

  • Vehicle immobilizer systems and tracking systems exist and are worth the investment.

Stay safe!

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