The top 10 most commonly stolen vehicles in Ontario have been released by Canadian company Équité. We wanted to do an in-depth look at vehicle theft frequency, rather than sheer numbers. In essence, we wanted to answer the question, what type of vehicle is most likely to be stolen if you were going to purchase one? The following numbers are based on the rate at which a specific vehicle is stolen proportional to the number of vehicles on the road.
UNDERSTANDING VEHICLE THEFT FREQUENCY
The below graph shows the top ten most stolen vehicles in Ontario. While this paints part of the picture, it doesn't account for that vehicle's share of all vehicles on the road. The Honda CRV was technically the vehicle that was stolen the most in Ontario, however, that may be due to the large volume of them on Ontario roads (nearly 225,000).
If we look at how many of each of these vehicles are on the road, it shows a much different picture (all vehicles are in the same order).
Then when we look at the percentage of how many vehicles are stolen annually divided by the total number of vehicles on the road, we get a better understanding of which vehicles could be considered high theft. The below graph is the same list of vehicles with the percentage of insured vehicles that were stolen.
To gain an even more clear picture, below is a graph of the vehicles that were stolen at the highest rate.
Although the Honda CRV is the most stolen vehicle in Ontario by sheer numbers, the rate at which it is stolen is considerably lower than that of a Range Rover or Gladiator. A Land Rover Range Rover is nearly 5 times as likely to have been stolen than Honda CRV. With a more comprehensive understanding of what makes a vehicle a "high theft vehicle," we can dive right into the ten most frequently stolen vehicles in Ontario:
10 Most Stolen Vehicles in Ontario
- Land Rover Range Rover
- Jeep Gladiator
- Lexus RX
- Toyota Highlander
- Jeep Grand Cherokee
- Acura RDX
- Honda CRV
- Dodge Durango
- Land Rover Discovery
- Jeep Wrangler
1. Land Rover Range Rover
- Theft Frequency: 5.9%
- Number of Insured Vehicles: 20,743
- Number of Thefts: 1,225
The Land Rover Range takes the top spot with a theft frequency of 5.9%. The Range Rover was stolen at a rate of nearly 1 in 17 in Ontario.
2. Jeep Gladiator
- Theft Frequency: 4.1%
- Number of Insured Vehicles: 3,580
- Number of Thefts: 145
3. Lexus RX
- Theft Frequency: 3.0%
- Number of Insured Vehicles: 57,753
- Number of Thefts: 1,707
4. Toyota Highlander
- Theft Frequency: 2.2%
- Number of Insured Vehicles: 60,326
- Number of Thefts: 1,344
5. Jeep Grand Cherokee
- Theft Frequency: 1.6%
- Number of Insured Vehicles: 47,891
- Number of Thefts: 766
6. Acura RDX
- Theft Frequency: 1.2%
- Number of Insured Vehicles: 37,325
- Number of Thefts: 459
7. Honda CRV
- Theft Frequency: 1.2%
- Number of Insured Vehicles: 224,311
- Number of Thefts: 2,684
8. Dodge Durango
- Theft Frequency: 1.2%
- Number of Insured Vehicles: 11,829
- Number of Thefts: 136
9. Land Rover Discovery
- Theft Frequency: 1.1%
- Number of Insured Vehicles: 4,539
- Number of Thefts: 51
10. Jeep Wrangler
- Theft Frequency: 1.1%
- Number of Insured Vehicles: 63,443
- Number of Thefts: 689
CONCLUSION
Understanding the theft frequency of vehicles in Ontario can shine a light on why the cost to insure certain vehicles may be higher than similar comparable vehicles. Looking Canada wide, the most stolen vehicle by frequency was the Land Rover Range Rover with 3.9%. Subsequently, the Jeep Gladiator had a theft frequency of 3.6%. Learning that there is a 1 in 25 chance of having your vehicle stolen might not inspire a great deal of confidence when purchasing. Before you make any purchase decision on a new vehicle, talk to your insurance agent or broker. They can get you a quote on how much it is going to cost to insure your vehicle. High-theft vehicles can cost more to insure and may make them an unappealing option for ownership. If you want to talk to an Armour broker for a quote or assistance, click the link below.
