Right. It is laughable to think that an increase of car jackings from a trivially small number to another trivially small number would result in everyone's premiums rising 42%, especially since in some car jacjings the automobile is recovered with modest or no damage. You know, versus crashes.. crashes that occur at a far higher frequency. Or perhaps how expensive cars and parts became due to supply issues, inflation, and a crunch on the used and new car markets that drove up blue book values. But yeah, let's just all blame Charles Allen for this, since apparently he is singularly responsible for all of that. I bet someone here has footage of him sabatoging the Suez a few years ago and running a yemenese pirate ship to seize a bunch of semiconductors too? |
Why are you defending carjackings? I'm truly interested in your thought process |
My post was about insurance cost and the idiocy of some in this thread laying the increases in those at the feet of the Council because of car jackings. Car jackings are bad and fewer of them is desirable. But the volume of them is not significant enough to be a meaningful driver in insurance cost increases in light of the more pertinent and relevant factors. |
If your elaborate theory were correct, insurance would be rising at this rate everywhere. Not just DC. Next! |
Build the Wall!! Oh wait, that's Mexico. I got fired up for a minute. |
From 2022 to 2023 Carjackings increased over 100% Vehicle thefts increased 92% |
| I know "insurance will cover it" is a mantra but is it just naivete that lead to a belief premiums would not increase? |
This. And compared to say 2015, increase is stunning. All those payouts > increased premiums. It's a business. There are costs to soaring crime, some financial. |
A follow up for you. In 2023 there were around 50 traffic fatalities, 6,000 traffic injuries, 1,000 carjackings and 7,000 vehicle thefts. Are carjacking injuries/murders also considered traffic related for statistical gathering purposes? |
A 100% increase in a terribly small number yet remains a terribly small number. |
500 > 1,000 is not a terribly small number |
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I've heard it all now that someone is claiming 1000 carjackings in an area smaller than 70 square miles is not that many.
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The number of stolen cars is vastly higher.
Stolen wheels and rims are not tracked separately, people may or may not file a claim for those. Usually people don't file for auto glass to try to avoid an increase in premium. |
"trivially small" was the exact phrasing |
Traffic accidents, as long as there are no injuries, are not reported to the police. You don't have enough data. |