With car prices surging, your vehicle is a prime target for thieves

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With car prices surging, your vehicle is a prime target for thieves
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Vehicle thefts in the US jumped 9% last year from a year earlier, according to statistics from the National Insurance Crime Bureau.

Vehicle thefts in the United States jumped 9 percent last year from a year earlier, to 873,000, the highest number in more than a decade, according to statistics from the National Insurance Crime Bureau provided to CNBC.

Vehicles are also especially valuable these days. Because of tight supply and heavy post-pandemic demand, used car prices are up nearly 30 percent from a year ago. The biggest jump was in Chicago, which saw a 134 percent increase in vehicle thefts last year, the NICB said. The Chicago Police Department said it also recorded a doubling in the number of carjackings.

Elsewhere, thefts surged 68 percent in New York City and 50 percent in Washington, D.C., the NICB said.

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