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Answers to Your Questions On the 10 Most Stolen Vehicles in Ontario

Posted Jan 13th, 2021 in Media, General, Insurance Tips, Auto Insurance, Did You Know?, In the News

When it comes to stolen vehicles, there is a lot you may not know, including how often this occurs in Ontario. We've shared the top 10 stolen vehicles and preventative measures to help. 


Answers to Your Questions on the 10 Most Stolen Vehicles in Ontario, Youngs Insurance, Ontario

Stolen vehicles don’t just affect the victim and their insurance company; each year, stolen vehicles cost Canadians close to $1 billion.

Certain cities in Ontario are more likely to have vehicles stolen more regularly, but no matter where you live, always take preventative action. Read below to find out more about stolen vehicles in Ontario. 

Why Do Criminals Steal Vehicles? 

There are many reasons, however, we've shared the most common according to the Insurance Bureau of Canada:
  1. To sell the stolen vehicle abroad; they likely won’t resell the vehicle in Ontario
  2. To dismantle the vehicle and sell its parts separately
  3. To take the vehicle for a joyride, which can result in injury or fatality
  4. To use it to commit another crime

What You Can Do to Prevent a Stolen Vehicle

Vehicles can be stolen in just 30 seconds. This means that even if you are running into the store quickly, you should still take precautions. Unlocked doors and opened windows make a vehicle an easy target so always lock the doors and roll up the windows. You can also reduce the risk of your vehicle being stolen by parking in a well-lit area and by hiding away any valuables you have inside the vehicle. If valuables are in plain sight, this may make your vehicle more desirable to be stolen.

Most Common Stolen Vehicles

According to the Insurance Bureau of Canada, these are the top 10 most stolen vehicles in Ontario:

  1. 2007 FORD F350 4WD
  2. 2006 FORD F350 SD 4WD
  3. 2005 FORD F350 SD 4WD
  4. 2004 FORD F350 SD 4WD
  5. 2006 FORD F250 SD 4WD
  6. 2003 FORD F350 SD 4WD
  7. 2018 LEXUS RX350/RX350L/RX450h/RX450hL 4DR AWD
  8. 2005 FORD F250 SD 4WD
  9. 2002 FORD F350 SD 4WD
  10. 1998 HONDA CIVIC Si 2DR COUPE

Having your vehicle stolen isn’t 100% preventable but with our tips, you can potentially reduce your risk. If you have any questions, please contact your Youngs Insurance Broker today!

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Source: IBC.ca

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