Does Car Insurance cover Catalytic Converter theft?
Car insurance covers catalytic converter theft under special car insurance. Catalytic converter thefts are increasing dramatically. Catalytic converters are made of precious platinum and palladium to reduce NOx emissions.
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The catalytic converters for cars contain both precious and valuable materials. In consequence, they are often taken by total jerkers! – If precaution is not followed.
If you include full coverage in your Car Insurance policies and find out that your catalytic converter is stolen, it may be covered. Car insurance covers catalytic converter theft under Comprehensive Car Insurance.
Also Read: What is comprehensive car insurance?
Catalytic Converter FAQs
Does Car Insurance cover Catalytic Converter theft?
Before buying car insurance, you must get a quote for the comprehensive car insurance policy that includes a catalytic converter claim cost. Comprehensive Car insurance and full insurance are the ways to cover catalytic converter theft.
What is a catalytic converter?
Catalytic converters, installed in exhaust pipes since the late 1970s, have helped clean up the air in the United States. However, there is some satire of the fact that the converter is a target for thieves.
How do catalytic converters help the environment?
The EPA estimates that over 50% of the pollution produced by cars is from the motor itself. The engine is a significant contributor to the problematic exhaust gases emitted. The converter is activated when the motor is cold and uses up harmful gases. It recycles these exhaust fumes and reduces the amount of air pollution.
Why does catalytic converter theft occur?
Each day thousands of vehicles have reported stolen catalytic converters. Thieves are found crawling around cars and trucking cars, stealing catalytic converters in just a matter of seconds, experts say. Repairs can cost thousands. National Insurance Crime Bureau tracks alleged stolen assets by Insurance Agents.
Catalytic converters are exhaust systems required to pass safety and emissions checks in many states. Replacement of damaged converters may cost anywhere from $2,000 to $3,000.
How to Prevent Catalytic Converter Theft?
The expensive exhaust system parts are filled with precious metals that thieves desire more than ever. Catalytic converter thieves have risen to shocking levels.
- Install an anti-theft gadget on your catalytic converter
- Set the alarm or camera to catch thieves
- Be familiar with your surroundings when you park
- Park your vehicle in a public area or a high-traffic area when you are in the public
- Park your vehicle in a closed garage at home
- Paint your catalytic converter
What cars are targeted for catalytic converter theft?
Each year, car owners across the United States lose $1 Billion in catalytic converters due to thieves. Buying cable locks, covering the catalytic converter, or removing the converter from the car can help you protect yourself from this preventable crime. All expensive and loud cars are targeted for catalytic converter theft.
