“Our office is available 24 hours, 7 Days a week. Post Coronavirus, we mainly operate remotely and we are available in our office by appointment. We have several representatives available to take care of your needs however we understand the need to sometimes come into our place of business in order for you to meet with one of our Protection Specialists and discuss your concerns. We highly value the person to person relationship and are readily available to meet with you in person”.
888-995-6019 Office No Ext. 813-995-6013 x 101 Direct.
Email: info@centurioninsuranceafs.com

Southern California Topped List of Catalytic Converter Theft Claims *Centurion Insurance AFS*

Feb 02, 2024 (0) comment , , , , , , , , , ,

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The Southern California regions of Los Angeles and Orange County are again the top spots for catalytic converter theft claims.

The regions topped the list for the eighth consecutive quarter in a new report of markets for the most frequent insurance-related catalytic converter theft that examines data through the fourth quarter of 2023.

The report was conducted by Premiere Services, a provider of insurance-based replacement services, and CAT Converter Express, a provider of catalytic converter theft restoration services for insurance theft and vandalism claims.

California and Texas had four markets in the top 20 on the list. The highest increases in reported thefts year-over-year were in Chicago, Portland and Seattle, the report shows.

Top 20 catalytic converter theft markets of 2023:

  • Los Angeles/Orange County
  • Houston
  • Oakland/San Francisco
  • Chicago
  • Baltimore / DC
  • Atlanta
  • Phoenix
  • Portland
  • Seattle
  • Sacramento
  • New York City/Newark
  • Philadelphia
  • Austin/San Antonio
  • Las Vegas
  • San Diego
  • Denver
  • Dallas/Fort Worth
  • Detroit
  • El Paso
  • Minneapolis

For 2023, frequency across all markets combined has been up 26% year-to-date and nearly 155% since 2020. The average cost of repair also continues to climb, with an average of 14% increase in cost per claim, according to the report.

Topics
California
Fraud
Claims

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