Minimize Carjacking Nightmares with a Car Insurance?

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Minimize Carjacking Nightmares with a Car Insurance

In 2011, those involved in buying and selling of used vehicles were alarmed after two-car dealers were burned after getting one of the worst carjacking incidents in recent years. Though culprits were already arrested, carjacking incidents along with carnapping are again on the rise. From 2009 to 2013, an average of 8,800 motor vehicles was stolen annually. Now, there was a reported rise in carjacking cases this year. There was a 68% rise in the first quarter alone. 1881 cases of carjacking incidences were recorded during last year’s first quarter. This number worsened as carjacking incidences rose to 3,170 more this year.

You could blame many factors why a lot of criminal elements are sticking to this activity. If you’ll visit a number of car shops in Quezon City, it’s an open secret how some spare parts were taken from stolen vehicles. Whether car theft is becoming prevalent due to poor implementation of the law, or soft anti-fencing law, we face a reality that your car could get stolen in so many ways possible.


Hot spots and car theft-prone vehicles

Carjacking syndicates have a few favorite cars in mind. Due to the risky nature of their business, they’d pick the most sought after cars in the market. In 2010, among the most commonly stolen cars include Toyota Fortuner, Nissan Urvan, and Isuzu Crosswind. Fortuner could be sold half its brand new price in 2010. Among the top areas, on the other hand, that has the most cases of car theft include Metro Manila, Region 3, and Region 4a. Also, if you are located in Makati, Manila, or Quezon City, always be vigilant since these are areas where car theft is becoming prevalent.


How do you protect your car?

Car theft happens in different scenarios. From being stolen while the vehicle is parked to being robbed at gunpoint, these are just some of the ways on how you could lose your car. To protect your investment, you’d want to be preventive. Parking in a safe area is the number one thing you’d want to do. Next, you also want to make sure that you have alarms and anti-theft system installed in your system. In fact, some GPS could come in handy. And of course, you also want to have car insurance that covers car theft.

Affordable car insurance can do the trick in giving you peace of mind. With the help of, you’ll be able to have car insurance comparison and see which company offers the best quote, and the best coverage. If you are going to compare car insurance policies, you may also want to call the company and ask as many questions. This way, you’ll know the extent of protection that you have on your vehicle, especially in an event of car theft.

Taking the time to screen the right company could also do wonders. You’ll be able to find out about the performance of the car insurance company, especially if it involves the replacement of the entire vehicle in an event of car theft.





Author: erwin reyes

Erwin has a combined experience of more than 15 years in the car insurance industry in the Philippines and Australia. Loves cars and enjoys to sourcing out great deals for its clients