Before You Buy – Vehicle Theft Risk Advisory

Vehicle theft and hijacking remain significant concerns, with certain models still being targeted by criminals. This advisory aims to serve as a risk update and to provide crucial information on high risk vehicles, safety measures and insurance implications.

High-Risk Vehicle Models

Based on insurers’ loss data over a sustained period, several vehicles are frequently targeted by criminals. These include most Toyota models across various series, Ford Rangers, Volkswagen Polo (especially hatchback variants), Hyundai i20, and Nissan NP200. It’s important to note that this list is not exhaustive and serves only as a guide. Criminal targeting patterns may evolve, so it’s crucial to stay informed about current trends.

Safety Considerations

Personal safety is paramount. Owners of high risk vehicles should exercise heightened vigilance, particularly when navigating high crime areas, stopping at traffic lights, parking in unmonitored locations or traveling during high risk times such as night or early morning. Constant awareness and proactive security measures are essential to mitigate the risk of vehicle related crimes.

Insurance Implications

Owning a high risk vehicle model can significantly impact your insurance. Insurers may mandate vehicle tracking systems, potentially requiring dual tracking devices for some models. Expect increased premium rates and potentially higher insurance excess.

Check Your Policy

We urge you to carefully check your insurers vehicle security requirements. These can usually be found in the Policy Schedule under the vehicle (motor) section, paying particular attention to the terms and conditions, endorsements, warranties etc. However, policies differ, so it is always good practice to check the Policy Wording as well.

Risk Mitigation Strategies

To protect yourself and your investment, consider the following risk mitigation strategies:

• Consult Chadwicks before buying a vehicle and conduct thorough risk assessments.
• Consider vehicles with lower theft profiles. Invest in advanced anti-theft technologies and additional security measures.
• Always park in secured, well-lit areas.
• Maintain heightened risk awareness during travel, especially when stopping.
• Use different routes (the perpetrators should not be underestimated, they track your habits).
• Keep up to date with evolving local crime trends.

The above list is a rough guide. We recommend you thoroughly investigate the vehicle’s risk before purchasing, including contacting us, so we can check insurers’ vehicle security requirements.