May 6, 2022 – Thieves want your catalytic converters at alarming rates. Claims of catalytic converter theft increased more than 1,200% from 2019 to 2021, according to the most recent data from the National Insurance Crime Bureau as reported by Carfax.
In 2021, there were 52,206 reported catalytic converter thefts versus 3,969 thefts in 2019. The number could be higher, since owners might not report the theft to their insurance provider. Either way, the staggering increase means new and old vehicles are susceptible, and owners could be on the hook for repairs and replacements that range from $1,000 to $3,000, according to the NICB.
Both sources recommend installing an anti-theft device or getting the converter etched with the car’s VIN to make it easier for law enforcement to trace. Additionally, parking in an enclosed area or garage will limit the risk of theft.
