Catalytic Converter Thefts

Unless you have completely transitioned to a fleet of electric vehicles, the risk of catalytic converter theft can (or perhaps already has) impacted your business.  In January of 2019 the National Insurance Crime Bureau reported 134 of these thefts.  By December of 2020, that number increased to 2,347 and Minnesota is one of the top 5 impacted states.  The cost of repair can be as high as $10,000 depending on the vehicle type.  Learn more about the challenges, risk and preventative measures in this informative technical information paper from The Hartford.