Colorado Auto Theft Spikes

Colorado is experience an increase in the amount of cars stolen throughout the state. This can cause Denver auto insurance and other state's rates to increase over time and residents do not want to see this happen. According to the article "Thieves Target Jeeps as Colorado Auto Thefts Spike" by Colorado 9News, insurance industry experts noticed a spike in auto thefts throughout the summer with Jeeps specifically on the top of the list.

The 1996 Jeep Grand Cherokee is the most stolen SUV in Colorado and the 1996 Honda Accord is the most stolen car according to the Coloradans Against Auto Theft. The 2001 Dodge Ram happens to be the most stolen truck. The Co-Chair of the Coloradans Against Auto Theft states that criminals target older model vehicles because they are easier to break into, which makes sense. The anti-theft technology has come a long way in the last decade. Walker points out that it only take a thief 47 seconds to get into and drive away with someone's car.

It's important to make sure car theft is part of your auto insurance policy. The article referenced above gives a story of a couple who changed their insurance policy just weeks before their car was stolen and it ended up not being covered. This can be a financial devastation for any family, so double check your policy to make sure you have coverage for this type of situation.

GMAC lowers auto insurance rates in Colorado

GMAC Insurance announced the company will reduce its auto insurance rates in Colorado, effective immediately. Drivers in the Centennial state can expect to save an average of 9.7 percent when purchasing GMAC Insurance coverage from 319 Colorado-based independent agencies.

With fuel prices surging, these auto insurance rate decreases will help customers manage their transportation costs, giving them a much-needed break.