Vehicle hijacking and theft claims have skyrocketed to unsustainable levels, with criminals shifting their crosshairs from older low-value vehicles to newer high-value bakkies and SUVs.
Additionally, the insurer noted that high-value vehicle theft claims shot up by 128% on the commercial side, with criminals targeting delivery trucks. “The experience was so poor that several corrective actions were needed to minimise exposure. Doubling up on vehicle trackers, discussing tech-linked weaknesses with vehicle manufacturers, and promoting Faraday pouches to prevent the cloning of keyless access signals,” Santam said.Santam noted in its report that it has seen a shift away from older, low-value vehicles with limited security requirements to more expensive double cabs and SUVs.
There are no specific reasons these vehicles are targeted apart from their popularity. Experts have highlighted that many of these high-value targets align with the country’s most popular cars sold each month – such as the Hilux and VW Polo – meaning there is more demand for their parts, among other things.
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