Quote:
Originally Posted by Scubawise
5 Ways to Prevent Catalytic Converter Theft
https://www.nerdwallet.com/article/l...verter-thieves
Insurance giant State Farm says it handled three times as many catalytic converter theft claims in 2021 as it did in 2020 — and more than 10 times as many as in 2019.
A replacement for a stolen catalytic converter can cost as much as $3,000 for the often-targeted Toyota Prius, says Colby Sandman, owner of Muffler Tech in Sacramento, California, who saw an uptick in thefts as the lockdowns took hold. Now, his shop replaces 15 to 20 stolen catalytic converters each day.
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You know if you go into the numbers even deeper, you can draw a conclusion that may have no material weight; but could be relevant in your gut feelings.
i.e. The fact that we are approaching 3,000 thefts per month and
no law enforcement agency, NICB, or insurance company is saying that painting a Cat Yellow or Orange is a complete waste of time is telling. As I stated earlier, I am sure some painted ones are stolen, but it is not like they reporting that we see just as any painted stolen or non painted stolen or some % of what may be expected (believed to be) to be painted equivalent to the some % of actual painted ones reported stolen.
By contrast, my insurance company Progressive, or at least the person I talked to on the phone that day, did tell me that some of the mechanical devices to deter are not preferred. I was told that the thieves tend to get annoyed and do more damage removing or trying to remove. The average claim to replace / repair when mechanical theft is used is higher than when nothing was used at all paint not withstanding.
With the above said, if every one were to go out and get theirs painted tonight, it would be interesting to see what happens. My guess is that some are still stolen but overall rate may drop to say 50%?
My 3 1/2 cents worth anyway