Vehicle theft — a growing challenge

Vehicle theft is a growing challenge. It is estimated that vehicle theft costs Canadians about $1 billion annually and theft rates continue to climb across Ontario.

What is new, and we have seen instances where this has occurred, are thieves breaking into homes in an attempt to steal cars, including higher-end or luxury vehicles.

Luxury cars top the list of stolen vehicles in Ontario

Between 2020-2022, Land Rover Range Rover series vehicles rose from position #10 to #5 in total number of thefts Pickup trucks (e.g. Dodge RAM 1500, Ford F150 Series) have risen in the top 10 list of total vehicles stolen.

Solutions to protect your vehicles

There are protective measures you can you take to safeguard your property and vehicles.  For example, anti-theft tracking systems can provide peace of mind while limiting the risk of a vehicle being stolen.

Tag® Tracking System

A North-American wide security system that offers theft prevention, electronic idendification, tracking and recovery.

To learn more, visit: TagTracking.ca

Here is some important information to consider:

  • There can be other benefits to installing anti-theft systems in your vehicles. Policyholders can qualify for insurance rebates and discounts when approved anthi-theft trackers are installed. Before going to a dealer and requesting this sort of system, it could be worthwhile to discuss this with an insurance professional.
Other tips to protect your vehicles include:
  • Install a data port lock in your vehicle. A data port lock is a cap that encases a key diagnostics port to prevent thieves from bypassing and reprogramming the vehicle.
  • Parking a vehicle in a locked garage is the most secure option.
  • Protect the outside of your home with lights and security cameras
  • Store keys away from doors and windows and make sure they are not visible from the outside. Keeping keys in an aluminum or metal box is also a good idea

Discover peace of mind with specialized coverage for your distinct needs

Our exceptional service goes above and beyond regular standards of speed, service and convenience — offering independent, personal advice and dedicated service from experienced brokers.

Our High Value Coverage Solutions Team can help

Our high value coverage solutions team keeps our clients up-to-date on potential insurance coverage gaps, advice on risk prevention and how to best mitigate risk.

We partner with some of the best insurance companies in Canada to provide custom insurance solutions for successful, accomplished individuals across Ontario.

Contact our specialized high value coverage solutions team to learn more and design a plan that meets your unique needs.

 

Contact our High Value Coverage Solutions Team

Email: Amy@millsinsurancebrokers.ca or Margie@millsinsurancebrokers.ca

or call us at: 416-489-5570 (GTA) or 800-953-0999