{"id":759576,"date":"2023-05-18T09:23:41","date_gmt":"2023-05-18T13:23:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/allstate-replacements-of-catalytic-converters-up-nearly-1200-since-2019\/"},"modified":"2023-05-18T09:23:41","modified_gmt":"2023-05-18T13:23:41","slug":"allstate-replacements-of-catalytic-converters-up-nearly-1200-since-2019","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/allstate-replacements-of-catalytic-converters-up-nearly-1200-since-2019\/","title":{"rendered":"Allstate: Replacements of Catalytic Converters up Nearly 1,200% Since 2019"},"content":{"rendered":"

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Allstate: Replacements of Catalytic Converters up Nearly 1,200% Since 2019<\/i><\/b><\/p>\n

What you can do to combat surging thefts<\/i><\/p>\n

NORTHBROOK, Ill.–(BUSINESS WIRE<\/a>)–
\nThe latest numbers from Allstate show that catalytic converter replacements among its customers grew 1,155% nationally between 2019 and 2022. You read that right: Over a thousand percent!<\/p>\n

\nAnd Allstate is not alone in this epidemic. According to the National Insurance Crime Bureau, an insurance industry trade organization, catalytic converter thefts nationwide increased 1,215% between 2019 and 2022.<\/p>\n

\nIn several states, Allstate saw replacements soar well beyond the national rate during this time. In the Pacific Northwest, Oregon and Washington had increases over 7,000%. On the East Coast, Pennsylvania, Connecticut and New York rounded out the top five states with increases between 4,500% and 7,000%.<\/p>\n

\nWhat\u2019s the deal with catalytic converters, anyway? They control your car\u2019s exhaust emissions. They also contain precious metals that attract thieves.<\/p>\n

Top 12 States by Increase in Catalytic Converter Replacements from 2019 to 2022 (Allstate)<\/b><\/p>\n\n\n\n\n\n\n\n\n
\n

Rank<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

State<\/b><\/p>\n<\/td>\n

\n

Increase<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Rank<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\nState<\/b><\/td>\nIncrease<\/b><\/td>\n<\/tr>\n
\n

1<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Oregon<\/b><\/p>\n<\/td>\n

\n

\n+7,200%<\/p>\n<\/td>\n

\u00a0<\/td>\n\n

7<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\nColorado<\/b><\/td>\n\u00a0+3,300%<\/td>\n<\/tr>\n
\n

2<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Washington<\/b><\/p>\n<\/td>\n

\n

\n+7,150%<\/p>\n<\/td>\n

\u00a0<\/td>\n\n

8<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\nTennessee<\/b><\/td>\n\u00a0+3,100%<\/td>\n<\/tr>\n
\n

3<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Pennsylvania<\/b><\/p>\n<\/td>\n

\n

\n+6,950%<\/p>\n<\/td>\n

\u00a0<\/td>\n\n

9\u00a0<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\nNew Jersey<\/b><\/td>\n\u00a0+2,767%<\/td>\n<\/tr>\n
\n

4<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Connecticut<\/b><\/p>\n<\/td>\n

\n

\n+6,400%<\/p>\n<\/td>\n

\u00a0<\/td>\n\n

10<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\nNevada<\/b><\/td>\n\u00a0+2,700%<\/td>\n<\/tr>\n
\n

5<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

New York<\/b><\/p>\n<\/td>\n

\n

\n+4,583%<\/p>\n<\/td>\n

\u00a0<\/td>\n\n

11<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\nTexas<\/b><\/td>\n\u00a0+2,217%<\/td>\n<\/tr>\n
\n

6<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Missouri<\/b><\/p>\n<\/td>\n

\n

\n+4,000%<\/p>\n<\/td>\n

\u00a0<\/td>\n\n

12<\/b><\/p>\n<\/td>\n

\u00a0<\/td>\nArizona<\/b><\/td>\n\u00a0+2,200%<\/td>\n<\/tr>\n<\/table>\n

\n\u201cCatalytic converter thefts exploded during the pandemic,\u201d says Craig Edmonds, Allstate\u2019s vice president of Auto Physical Damage Claims. \u201cSupply chain disruptions raised the value of these parts. And because they\u2019re relatively easy to steal, theft rings have pounced, creating a multimillion-dollar black market enterprise. Fortunately, there are ways to protect yourself from becoming a victim.\u201d<\/p>\n

Check Your Insurance Coverage<\/b><\/p>\n

\nComprehensive coverage like that offered by Allstate<\/a> can pay to repair or replace a covered vehicle damaged by vandalism, theft or attempted theft.<\/p>\n

\n\u201cHaving the right insurance policy can be beneficial to both your wallet and peace of mind,\u201d Edmonds says. \u201cWithout comprehensive coverage, you could end up paying thousands of dollars in parts and repairs if your catalytic converter is stolen.\u201d<\/p>\n

Try to Prevent the Theft<\/b><\/p>\n

\nYou can help make your catalytic converter \u2013 and car \u2013 less appealing to thieves:<\/p>\n