Metal Thieves Swiping Tailpipes Create 1,000% Spike in Claims

new exhaust system with catalytic converter

State Farm said Thursday that metal thieves in search of platinum, rhodium and palladium are stealing catalytic converters in ever-greater numbers, sending auto-insurance claims soaring across the U.S. Last year, State Farm paid $62.6 million for 32,265 catalytic converter theft claims nationally — a 1,173% increase from 2019. “It’s the metals in general that are… Continue reading Metal Thieves Swiping Tailpipes Create 1,000% Spike in Claims