July 11, 2022 by Rick Griffith
July marks National Vehicle Theft Prevention Month. Here are some critical vehicle theft statistics and preventative measures you can take to keep your vehicle from becoming a target.
Motor vehicle owners rely heavily on their cars to earn a living, run errands, take the kids to school, get to appointments, and much more. So the bottom line is your car is a vital part of your daily routine.
But what would you do if it were your car that was stolen? Recent statistics show that most Americans with a household income of less than $40,000 are saving for an unexpected expense, which most Americans are not even ready for if it happens. So here are some staggering statistics on motor vehicle theft.
No one should fall victim to a crime, but your first instinct is to call the police afterward to file a vehicle theft report. With statistics like those covered above, It may seem like a no-win situation. But before giving up altogether, there is a great deal you can do as a car owner to prevent this from happening to you.
Because most stolen vehicles are motivated by greed and money, it takes a few seconds to protect your car by following a few simple steps.
To avoid any additional property damage to your car, like car break-ins, try these three bonus tips:
If you’re a victim of car theft, it can be challenging to figure out where to turn. If you only carried liability insurance coverage on a car, you own the title too.
Insurance companies only payout on car theft if you carry full coverage. And even then, the insurance company will not likely cover more than what is owed on the car.
That can make you feel like someone has left you a little high and dry, and with only a 50% chance of recovering your car, it’s not likely to run the same, specifically if recovered following an accident.
So, where can you turn? Car Credit is an excellent solution for folks in the four states. They’re a Buy Here Pay Here dealership. They’ll help you get back on the road in a vehicle with safety deterrent features to lower your chances of becoming a victim of car theft.They have many sedans and SUVs to choose from in their vehicle inventory. To get started, apply online today!