Auto Theft Continues Decline

There was some good news for auto owners and their insurers yesterday. The National Insurance Crime Bureau’s (NICB) 2008 Hot Wheels study indicates that auto theft is continuing its national decline. Based on preliminary FBI Uniform Crime Report (UCR) data, motor vehicle theft is headed for an 8.9 percent decrease in 2007. This would make it the fourth consecutive year of decline and follows a 3.5 percent decline in 2006. Final data will be released later in the year. Check out further I.I.I. info on auto theft.

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