The Car and Truck Fleet and Leasing Management Magazine

Insurance Researchers: Cadillac Escalade Tops Theft Loss List

August 04, 2010

ARLINGTON, VA -- The rate at which people file insurance claims for theft is highest for versions of the 2007-2009 Cadillac Escalade, a luxury SUV. The Escalade is followed by the Ford F-250 crew pickup, Infiniti G37 luxury car, and Dodge Charger with a HEMI engine.

Theft rates for these vehicles are three to five times as high as the average for all vehicles. These are the latest theft loss results for passenger vehicles (one to three years old) published by the Highway Loss Data Institute (HLDI), an affiliate of the Insurance Institute for Highway Safety.

"Sedate family cars and fuel sippers aren't on the hot list," said Kim Hazelbaker, HLDI senior vice president. "Thieves are after chrome, horsepower and HEMIs."

Here is the HLDI chart:

INSURANCE THEFT LOSSES, 2007-09 PASSENGER VEHICLES

 

Vehicle size/type

Claim
freq.

Avg. loss
payment
per claim

Overall
theft
losses

HIGHEST LOSSES

Cadillac Escalade

large/very large luxury SUV

10.8

$11,934

$128

Ford F-250 crew 4WD (2008-09)

very large pickup

9.7

$9,636

$91

Infiniti G37 2-door (2008-09)

midsize luxury car

7.1

$10,324

$71

Dodge Charger HEMI

large family car

7.1

$10,118

$69

Chevrolet Corvette Z06

midsize sports car

1.7

$41,229

$68

Hummer H2 4WD

very large SUV

6.2

$10,324

$62

Nissan Pathfinder Armada

large SUV

4.5

$12,458

$54

Chevrolet Avalanche 1500

very large SUV

7.4

$7,571

$54

Chevrolet Silverado 1500 crew

large pickup

8.0

$6,814

$53

GMC Yukon

large SUV

5.7

$9,499

$52

 

LOWEST LOSSES

Volvo S80

large luxury car

0.8

$619

$1

Saturn VUE 4WD (2008-09)

midsize SUV

0.7

$1,445

$1

Nissan Murano (2009)

midsize SUV

0.7

$1,790

$1

Saturn VUE (2008-09)

midsize SUV

0.6

$2,340

$1

Honda Pilot 4WD (2009)

midsize SUV

0.8

$1,927

$2

Subaru Impreza (2008-09)

small station wagon

0.9

$1,858

$2

Toyota Prius

small car

0.8

$2,203

$2

Mini Cooper

minicar

0.8

$2,134

$2

Toyota Tacoma double 4WD

small pickup

2.8

$619

$2

Toyota Sienna 4WD

very large minivan

0.8

$2,203

$2

 

AVERAGE ALL PASSENGER VEHICLES

2.1

$6,883

$14

Note: Claim frequencies are per 1,000 insured vehicle years; overall theft losses are average loss payments per insured vehicle year; results are for 2007-09 models unless otherwise noted.

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