Catalytic Converter Theft has been increasing annually at an alarming rate.

The victims are finding themselves replacing catalytic converters that can cost thousands of dollars to replace.

According to the NCIB, the increase in Catalytic Converter thefts has been alarming.

• 2018 - 1,298 thefts
• 2019 - 3,389 thefts
• 2020 - 14,433 thefts
• 2021 - 50,000+

The precious metals in a Catalytic Converter are Platinum, Palladium, & Rhodium.

Precious Metal values in 2020:

• Rhodium - $20,000 per ounce
• Palladium - $2,938 per ounce
• Platinum - $1,128 per ounce

On average, a thief can make $50 - $250 per catalytic converter (up to $1,400 on hybrid), but this can cost the vehicle owner from $1,000 - $3,000 to repair.

Top 10 vehicles targeted for theft:

• Ford F-Series trucks
• Honda Accord
• Jeep Patriot
• Ford Econoline vans
• Chevrolet Silverado trucks
• Chevrolet Equinox
• Honda CR-V
• Toyota Camry
• Chrysler 200
• Toyota Prius

Coverages

A catalytic converter is an important component of your car's exhaust system. They normally cost several thousand dollars to replace.

Plan A - Up to 2 Catalytic Converters and up to a $4,000 benefit

Plan B - Up to 4 Catalytic Converters and up to a $6,000 benefit

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