The Ford F-250 is Six Times More Likely to Suffer Theft Than the Average Vehicle According to a new report released by the Highway Loss Data Institute (HLDI), the Ford F-250 Super Duty has replaced the Cadillac Escalade for the highest rate of insurance theft claims in the United States.
According to a new report released by the Highway Loss Data Institute (HLDI), the Ford F-250 Super Duty Is the Number One Theft Target has replaced the Cadillac Escalade for the highest rate of insurance theft claims in the United States.
Ford F-250 Super Duty Is Number One Theft Target with 7 claims per 1000 insured.
The study performed by the HLDI takes data from the past three model years (in this case 2010-2012) and determines the number of submitted claims for a specific vehicle make and model, as well as the average payment per claim. The claims included do not exclusively focus on entire vehicle thefts either- they also include parts of the vehicles such as wheels and tires, or property taken from the vehicles. The current report has the Ford F-250 at seven claims per 1,000 insured, and therefore six times more likely to suffer a theft claim than the average vehicle.
While the Cadillac Escalade has traditionally been in the top spot for theft claims since the HLDI’s report first started in 2003, there are a number of likely reasons why things are different this time around. Theft prevention features, like steering wheel locks and inclination sensor for the alarm have been added to the model, and the vehicle currently sits in sixth place for overall theft claims on this year’s report.