Released by the Insurance Information Institute.

• In 2008 the value of stolen motor vehicles was $6.4 billion.
• The dollar size of claims has been going up, reflecting the higher value of new cars on the road, the value of the cars that are targets for theft or are damaged and the cost of vehicle bodywork.
• Nationally, more than 75,000 airbags are stolen every year.
• Thefts By City: According to an NICB study released in April 2009, the Modesto, California, Metropolitan Statistical Area (MSA) had the highest rate per capita for vehicle thefts in the nation in 2008. Six of the top 10 U.S. MSAs for vehicle theft in 2008 were in California.
• Component Theft: More than 75,000 air bags are stolen every year, according to estimates by the Insurance Information Institute. NICB says that air bag theft costs insurers and vehicle owners more than $50 million a year. New air bags cost about $1,000 from a car dealer; on the black market the cost is between $50 and $200. To thwart thieves, steering wheel covers used with a steel bar steering wheel lock are available. New York combats air bag theft by requiring accident reports to note air bag deployment, and specifies procedures for auto repair shops to follow when replacing stolen or deployed air bags. Xenon headlights and global positioning systems (GPS) are also popular with thieves. By mid-2008, insurers and the NICB had observed a growing nationwide trend in the theft of catalytic converters. These components contain small amounts of platinum and palladium, precious metals whose value has risen with the use of catalytic converters and the growth in popularity of platinum jewelery.

• 	Highest motor vehicle thefts			Lowest motor vehicle thefts
  Rank	State	Vehicles stolen	Rank	State	Vehicles stolen
  1	California	192,527	1	Vermont	585
  2	Texas	85,350	2	Wyoming	713
  3	Florida	63,509	3	South Dakota	800
  4	Georgia	39,628	4	Maine	1,176
  5	Arizona	37,218	5	New Hampshire	1,387
  6	Michigan	36,241	6	Montana	1,573
  7	Illinois	32,572	7	Alaska	1,638
  8	Ohio	28,532	8	Idaho	1,668
  9	Washington	28,331	9	Delaware	2,541
  10	North Carolina	26,743	10	Rhode Island	3,200