Insurance companies are fond of changing premiums to reflect such things as a person's driving record (i.e. the number of tickets and crashes), their age, and the type of vehicle they own. Why, a change in a postal code can raise or lower the annual premium by $1,000.Insurance companies do this, they say, to match the specific risk you and your vehicle represent.But in a review of rates by Lee Romanov, the president of The Consumer's Guide to Insurance and www.InsuranceHotline.com, it seems that Canada's insurance companies don't much care about how likely the vehicle is to be stolen.Romanov's review of quoted insurance rates shows that some of Canada's 10 most-stolen vehicles have premiums that are lower than cars that aren't stolen as often. In Canada, the top-10 most stolen vehicles are:
- Subaru Impreza WRX 4DR AWD
- Ford F350 Super Duty 4WD
- Cadillac Escalade 4DR 4WD
- Honda Civic Si 2DR Hatchback
- BMW 325Ci/330Ci 2DR
- Hyundai Tiburon 2DR
- Hyundai Accent 2DR
- Hyundai Tiburon GT 2DR
- Ford F250 Super Duty 4WD
- Dodge Dakota 2WD