Catalytic Converter Theft: A Growing Threat and How to Protect Yourself

The Rising Tide of Catalytic Converter Theft

Catalytic converter thefts have surged in recent years, driven by the high value of the precious metals they contain. According to the National Insurance Crime Bureau (NICB), reported thefts increased from 1,298 in 2018 to 52,206 in 2021. These thefts are not just a nuisance; they can cost car owners hundreds or even thousands of dollars to replace. The thefts are often linked to times of crisis, limited resources, and disruption of the supply chain, which drives up the black-market prices for these components.

Law Enforcement and Legislative Responses

In response to the growing problem, law enforcement agencies have taken action. In late 2022, the U.S. Department of Justice dismantled a large-scale theft network that spanned nine states. Meanwhile, lawmakers are also stepping up. In 2021, 26 states proposed bills to limit catalytic converter thefts, with some states implementing stringent record-keeping requirements for scrap metal buyers. At the federal level, the "Preventing Auto Recycling Theft Act" aims to mark each converter with a traceable identification number and establish federal penalties for theft and illegal sales.

Protecting Yourself from Catalytic Converter Theft

The NICB offers several preventive measures to protect against catalytic converter thefts. Installing anti-theft devices, parking vehicles in secure areas, and etching the vehicle's VIN on the converter are all effective strategies. Additionally, comprehensive insurance can cover the cost of replacing a stolen catalytic converter. However, prevention is always better than cure, so taking proactive steps to secure your vehicle is highly recommended.