State Farm paid $36 million in catalytic converter theft claims in 2022, just in the state of California. That’s more than a 1300% increase in payouts since 2019.
In just the last eight months, the catalytic convertor of my Prius has been stolen twice right in-front of my house. This excellent article on KCRW really explains my story well. However, unlike the example in the story, my insurance not only replaced the part, but I also had a rental car for the entire time the car was in the shop i.e. six months!! (Call me to review your coverage)
We are worried it's just a matter of time before it happens a third time. We took steps by also investing in a shield for the convertor and are shopping around for a new car as there doesn't seem to be a solution in sight.
So I'm heartened to read and see this report on ABC7 saying that the LAPD is offering a service VIN etching services that are automated and available to residents and business owners. Read and watch the article here.