How often is a catalyst stolen and what should be done?
According to a March 2021 report from the National Insurance Crime Bureau (NICB), the average number of thefts of catalytic converters per month is 108. However, this number is on the rise due to the rising prices of some metals contained in the converters. This jump in thefts has some repair shops taking unique theft prevention measures, such as welding two pieces of iron rebar around the catalytic converter. Additionally, the pandemic has caused a disruption in the supply chain of some of the metals, thus driving up their price and making them more attractive to thieves.
Thefts of catalytic converters are considered grand theft due to the value of the converters. They are often located close to the engine, which makes them easy targets for criminals who need only a few minutes to remove them. The thefts have become so widespread that states have implemented laws to discourage them.
In conclusion, catalytic converter theft is skyrocketing across the country due to the increasing prices of some metals contained in the converters and the disruption of the supply chain. Repair shops are taking unique theft prevention measures and states have implemented laws to discourage the theft. As catalytic converters are valuable and easy to remove, people should be aware of the risks and take precautions to protect their vehicles.