Vehicle Crime Statistics

Security

• Auto theft is a $7.5 Billion annual industry costing insurance companies and consumers $20 Million per day.
• In 1998, 1.4 Million vehicles were stolen in the US. Nearly 4,000 a day.*
• One-third were never recovered.
• Only 14% of the perpetrators were ever caught.

* FBI statistics

FACTS ON OEM SECURITY

• OEM security systems protect the vehicle from being stolen. They are not designed to protect anything inside the vehicle.
• Breaking into cars and trucks is much more common than the theft of an entire vehicle. For example: in 1998 there were 1.4 million cars and trucks stolen in the U.S. while there were over 1 million vehicle break-ins in New York City alone.
• Once a thief learns how to bypass an OEM security system in one of a car manufacturer’s models, the thief will be able to bypass all models of that specific car manufacturer.
• OEM electronic technologies have a 3 year to 5 year production cycle.
• Aftermarket electronic technologies have a 9 month to 18 month production cycle.

AFTERMARKET SECURITY

• Sales of aftermarket security reached $300 Million in 1998
• Sales have been growing at a 20% rate per year since 1994
• Only 29% of car owners in the U.S. own an Electronic Security System
• Most insurance companies offer discounts for vehicles with anti-theft devices
• States that mandate insurance discounts for anti-heft devices:

   

  • Florida New Mexico
  • Illinois New York
  • Kentucky Pennsylvania
  • Louisiana Rhode Island
  • Massachusetts Texas
  • Minnesota Washington

   

• Features of Aftermarket (E.S.) that is frequently not offered on OEM Alarms: Automatic Arming, Shock Sensor, Current Sensing, Instant Panic and Car Finder

In 1998, regions where thieves were most prevalent:

[ Vehicle Crime Statistics 2 ]

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