IBC Releases 2016 Top 10 Stolen Vehicles in Ontario List

Since 2003, the Insurance Board of Canada has produced an annual top 10 stolen vehicles in Canada list. IBC also reports on the top 10 stolen vehicles and trends in organized auto theft for specific regions in Canada.

The statistics IBC publishes are based on actual insurance claim data, collected from most automobile insurance companies in Canada. These companies write most of the automobile insurance in the country. IBC represents more than 90% of the non-government home, vehicle and business insurance companies across Canada. It is highly regarded as a provider of automobile insurance rating information.

“For the second consecutive year, auto theft across Canada and Ontario has increased,” said Kim Donaldson, Vice-President, Ontario, IBC. “After large declines in auto theft activity over the last decade, the number of stolen vehicles has gone up 6% nationally, compared to last year. In Ontario, the number has increased by 5%. Many of the high-end vehicles that are stolen in Ontario will end up in overseas markets.”

According to the IBC, automobile theft costs Canadians close to $1 billion, including $542 million for insurers to fix or replace stolen vehicles, $250 million in police, health care and court system costs and millions more for correctional services. (Source: IBC)

Ontario Top 10 Most Frequently Stolen Vehicles List

This year’s 10 most frequently stolen vehicles in IBC’s Ontario region are:

2015 Toyota 4Runner 4-door 4WD SUV
2014 Toyota 4Runner 4-door 4WD SUV
2003 Hummer H2 4-door AWD SUV
2003 Chevrolet Tahoe 4WD and 2003 GMC Yukon 4WD SUVs
2015 Lexus RX350/RX450h 4-door AWD SUVs
2002 Cadillac Escalade 4-door 4WD SUV
2015 Acura MDX 4-door 4WD SUV
2011 Range Rover Sport 4-door 4WD SUV
2004 Chevrolet Tahoe 4WD and 2004 GMC Yukon 4WD SUVs
2005 Chevrolet Suburban 4WD and 2005 GMC Yukon XL 1500 4WD SUVs