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Continued reduction of car theft could be good news for insurance rates

Continued reduction of car theft could be good news for insurance rates
Louisiana Politics

POSTED: Thursday, February 23, 2012 - 3:30pm

UPDATED: Thursday, February 23, 2012 - 3:34pm

Vehicle thefts are on the decline in Louisiana. That according to a report issued today by the Commissioner of Insurance, Jim Donelon.

The report indicates that car thefts have been on the decline since 2006. The greatest decrease was seen between 2009-2010. That year saw over a 15-percent reduction of thefts.

In 2006 the number of thefts was 15,640. In 2010, total auto thefts were 9,893.

All of this is good news for motorists as the decrease in theft also comes with a potential reduction in car insurance.

“Motor vehicle theft is one of several determining factors considered by insurance companies when setting our auto insurance premiums,” Commissioner Donelon, said.

Comissioner Donelon attributes expanded use of technology such as license plate recognition systems and bait cars; increased public awareness and education about vehicle theft prevention and consequences; proactive law enforcement strategies, and multi-agency cooperation.

Tips to avoid car theft:
• Lock your doors and roll up windows
• Park in a well-lighted area, preferably an area watched by surveillance cameras
• Never leave your keys in your vehicle
• When at home, keep your vehicle in your garage
• Do not leave valuables in your vehicle, especially where they are visible
 

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