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I have never had a vehicle stolen. Why do I need the Theft Loss Protectionsm system?

April 26, 2017loss protectionsm stolen system theft vehicle

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I have never had a vehicle stolen. Why do I need the Theft Loss Protectionsm system?

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According to the FBI a vehicle is stolen every 21 seconds. It takes an experienced car thief with a screwdriver as little as 7 seconds to break in and less than a minute to start & drive away with your vehicle. The National Insurance Crime Bureau estimates that the cost of vehicle theft (insurance premiums, repair costs, and new vehicle replacement) to consumers is more that $7.5 billion annually.