The Marketplace Reader

Hot wheels

Lori Stassi Sep 4, 2008

Could gas prices be driving up fraudulent car theft claims?

Researchers at the National Insurance Crime Bureau think so. When the price of gas began soaring, the bureau began seeing an increase in the number of suspicious claims for stolen cars. Their theory is that more vehicle owners are dumping their gas-guzzlers, then reporting them stolen.

The Bradenton Herald in Florida reports reports that while the researchers didn’t have concrete proof for their theory, they noticed that six of the top 10 most stolen vehicles are large trucks and SUVs.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.

Raise a glass to Marketplace!

Just $7/month gets you a limited edition KaiPA pint glass. Plus bragging rights that you support independent journalism.
Donate today to get yours!