Research Project

Article 1: Top 5 States for Large and Mid-Sized Car Thefts

According to the National Insurance Crime Bureau, 31,586 large and mid-sized vehicles were reported stolen in the United States between January 2009 and December 2012. The vast majority of these vehicles were mid-sized, making up nearly 70% of the large and mid-sized vehicle total.

The NICB's latest report uncovers trends in car theft for this class of vehicles. The research reveals the top 5 states for theft, as well as the top 10 core-based statistical areas (CBSA) for large to mid-size theft, and the top 10 states for unrecovered thefts. The report also details the top 10 most stolen large and mid-sized makes and models

Click through the following slides for the top 5 states for large to mid-sized vehicle thefts and some facts about each state’s CBSA and unrecovered theft results. On the last page, see the top 10 most stolen makes and models.

The above article was published on propertycasualty360.com and was written by Hannah Bender. The article relates to this insurance programs and risk management that the insurance companies use. This articles shows use the kind of statistics that are used by insurance companies for their risk management. The statistics stated in the article above also shows that a lot of the cars being stolen are large and midsize CAR’s. This will affect how the insurance companies will charge for insurance. If an insurer wants to insure a automobile that falls in the above category, the will be charged a higher premium for getting these vehicle insured because the odds of it being stolen is higher than the average car.

I was interested in this article because I was a owner of a CAR that was stolen twice in the past. That is why I was interested in this article. I was intrigued by the fact a lot of the cars stolen were large and mid-sized car. I was also intrigued because I saw a change in my insurance premium when I switched my vehicle to a sedan. The article stated that the...