SA insurers sound alarm amid big spike in theft of pricey cars with keyless entry

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Santam has recorded a 75% increase in the average value of stolen cars this year as criminals shif from stealing older cars to high-value keyless entry vehicles.

Santam has recorded a 75% enhance in the common worth of stolen cars this yr as criminals shif from stealing older cars to high-value keyless entry autos.

An elevated spate in the theft of keyless-entry autos has left some native insurers scrambling for options. And, the businesses say, whereas it was beforehand frequent for thieves to steal unoccupied stationary autos, their modus operandi is changing into extra subtle – and doubtlessly extra harmful for victims.

According to South Africa’s greatest short-term insurers, OUTsurance and Santam, criminals are on the unfastened stealing high-end keyless-entry cars.

“More recently, we’ve had quite elevated theft of vehicles compared to a year or so ago. Expensive vehicles with keyless-go are stolen a lot,” mentioned OUTsurance CEO, Marthinus Visser, throughout a current media engagement.

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