Claims experience

Auto theft

Over a 10-year period, the average cost more than doubled as the number of vehicles stolen soared by 50% between 2020 and 2021.

  • The number of claims for thefts of entire vehicles (“entire-vehicle thefts”) dropped significantly from 2011 to 2016. It then began to increase, reaching a total of 8,139 in 2021. The increase between 2016 and 2021 was 83%.
  • The average cost of claims for entire-vehicle thefts rose by 118% between 2011 and 2021 to $29,644.
  • As with the number of claims, the claims frequency dropped steadily from 2011 to 2016. It then increased significantly beginning in 2019, reaching 0.17% in 2021.

Claims for entire-vehicle theft

The number of vehicles insured against theft is constantly rising and reflects the increase in the number of vehicles in circulation. Despite this, the number of entire-vehicle thefts dropped until 2016 and then began to rise significantly.

  • The number of vehicles insured against theft increased by 16.9% for 2011-2021, rising from 4 million to 4.7 million vehicles.
  • The number of entire-vehicle thefts plummeted by 86% between 2011 and 2016. This figure then began to increase again, reaching 8,139 in 2021, or the same level as in 2011. Between 2020 and 2021, there was a significant increase of 50%.

Claims at a glance:

In 2021

The number of claims was 8,139

The average cost of claims was $29,644

The number of vehicles insured was 4.7 million

The claims frequency for entire-vehicle theft was 0.17%

Source: GROUPEMENT DES ASSUREURS AUTOMOBILES, Automobile Statistical Plan, General results, Passenger vehicles, 2021.

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