Vehicles parked at an assembly plant on Chicago's Far South Side in 2017.
“Chicago is absolutely trending in the wrong direction,” said David Glawe, president and CEO of the National Insurance Crime Bureau, a Des Plaines-based industry organization focused on insurance fraud and vehicle theft.While California and Texas led the nation in thefts, Illinois had the largest percentage increase among larger states at 35%, according to the group’s annual study.
In November, used car prices fell for the first time in more than 2 ½ years, but remained above pre-pandemic levels, according to a study by iSeeCars, an online auto search site. The average price of a used car is over $35,000 in Illinois, the study found. While Hondas, Toyotas, and Ford and Chevy pickups are often the top targets for thieves in Chicago, Kia and Hyundai thefts surged last year on the back of the social media trend, Glawe said.
Yup, the reason premiums going up for everyone even with a perfect driving record.
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