How Vehicle Thefts Are Impacting Auto Insurance in 2024

7 months ago 10

Vehicle theft has reached a crisis level in Canada and internationally, with the Canadian property and casualty (P&C) industry paying out $1.2 billion in auto theft claims in 2022 alone. With economic uncertainty here now and continuing to loom on the horizon, opportunistic fraud claims are spiking. (Source: The Insurance Institute of Ontario) While some […] The post How Vehicle Thefts Are Impacting Auto Insurance in 2024 appeared first on The Ostic Group Community Insurance Guelph, Elora, Fergus, Shelburne.


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