NCIB Statistics
According to the National Insurance Crime Bureau the increase in catalytic converter thefts has been dramatic. In 2018, there were 1,298 catalytic converter thefts for which a claim was filed. In 2019, there were 3,389 thefts with a claim. In 2020, catalytic converter theft claims jumped massively to 14,433, a 325% increase in a single year. No current statistics are available but the theft of catalytic converters has exploded with many vehicle owners reporting thefts a second, third and unbelievably a fourth time.

The Department of Justice recently busted a 545 million catalytic converter theft ring stating that "Arrests, searches, and seizures took place in California, Oklahoma, Wyoming, Minnesota, New Jersey, New York, Nevada, North Carolina, and Virginia. In total, 21 individuals in five states have been arrested and/or charged for their roles in the conspiracy.

Dealership replacement cost is now in excess of $ 3,000.00 and repairs can be delayed due for months to parts availability. Most insurance policies only cover a rental vehicle for 30 days, after that you it’s up to you to find transportation or pay for a rental vehicle.

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