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Catalytic converter theft from Honda Accords is becoming an increasingly common problem. As the prices of precious metals used in catalytic converters have risen, the theft of these parts has skyrocketed. According to the National Insurance Crime Bureau (NICB), there were only 280 catalytic converter thefts per month in 2019. However, that number has now risen to around 1,200 monthly thefts.
The Honda Accord is near the top of the list for stolen catalytic converters due to its popularity and the relative ease with which thieves can remove them with jacks and angle grinders. Replacing a stolen catalytic converter can cost anywhere from $1,000-$3,000 for parts and labor. In some cases, a stolen catalytic converter can fetch up to $1,500 for the thief due to the presence of hybrid cars which contain more precious metal.
Thefts of catalytic converters from Honda Accords have become so common that it is now recommended to keep these vehicles parked in well-lit areas, or even inside the shop. Installing better lighting on the shop lot and parking the most expensive vehicles inside the shop rather than on the lot can help deter thieves.
Shop owners should also consider purchasing direct primary insurance which covers anything that happens to a customer’s vehicle while in the shop or on the lot. Legal liability insurance may not cover thefts, so it is important to speak with customers before they park on the lot and let them know that their insurance may not cover the possible loss in the event of a catalytic converter theft.
In conclusion, catalytic converter theft from Honda Accords is a growing problem and shop owners should take steps to protect themselves and their customers. Installing better lighting, parking expensive vehicles inside, and purchasing direct primary insurance are all good ways to protect against theft. Communication with customers is also key, as it is important to let them know before they park on the lot that thefts of catalytic converters are a concern.
Catalytic converter theft from Honda Accords is becoming an increasingly common problem. As the prices of precious metals used in catalytic converters have risen, the theft of these parts has skyrocketed. According to the National Insurance Crime Bureau (NICB), there were only 280 catalytic converter thefts per month in 2019. However, that number has now risen to around 1,200 monthly thefts.
The Honda Accord is near the top of the list for stolen catalytic converters due to its popularity and the relative ease with which thieves can remove them with jacks and angle grinders. Replacing a stolen catalytic converter can cost anywhere from $1,000-$3,000 for parts and labor. In some cases, a stolen catalytic converter can fetch up to $1,500 for the thief due to the presence of hybrid cars which contain more precious metal.
Thefts of catalytic converters from Honda Accords have become so common that it is now recommended to keep these vehicles parked in well-lit areas, or even inside the shop. Installing better lighting on the shop lot and parking the most expensive vehicles inside the shop rather than on the lot can help deter thieves.
Shop owners should also consider purchasing direct primary insurance which covers anything that happens to a customer’s vehicle while in the shop or on the lot. Legal liability insurance may not cover thefts, so it is important to speak with customers before they park on the lot and let them know that their insurance may not cover the possible loss in the event of a catalytic converter theft.
In conclusion, catalytic converter theft from Honda Accords is a growing problem and shop owners should take steps to protect themselves and their customers. Installing better lighting, parking expensive vehicles inside, and purchasing direct primary insurance are all good ways to protect against theft. Communication with customers is also key, as it is important to let them know before they park on the lot that thefts of catalytic converters are a concern.