State Farm has released an update to a previous report it has made regarding recent trends in auto insurance claims having to do with catalytic converter thefts. The trend, though already bad in the last report, has only managed to worsen across the country.Auto
The auto insurance claims data from one of the largest car insurers in the country showed that from July 2021 to June 2022, thefts in catalytic converters rose by 109 percent countrywide, based on the number of filings compared to the prior year.
State Farm customers reported over 43,219 catalytic converters stolen within that period. The 12 months before that saw just over 20,600 of the components stolen.
There were already more than 23,000 catalytic converter theft filings in the first half of this year among State Farm policyholders.
The data from the report indicated that the top five states in which these thefts are occurring are California (where 24.5 percent of the country’s filings took place), Texas (13.58 percent), Illinois, Washington, and Minnesota.