(NC) Rising inflation and ongoing supply chain issues have had an unwanted side effect: an increase in vehicles theft and car parts. One item that’s grown in popularity among thieves is the catalytic converter – a valuable auto part that’s easier to steal than cars themselves. Across Canada, this type of theft is on the rise, so you should know the facts to help yourself stay protected.
Catalytic converters and their value
Since the 1970s, internal combustion engines have used this exhaust emission control device to convert hazardous gases and pollutants into less toxic carbon dioxide and water vapour.
The catalytic converter is the part that wraps around the exhaust pipe. The precious metals in it – platinum, palladium and rhodium, are what the thieves are after.
A catalytic converter is an important part in your vehicle and having it stolen is a major inconvenience and expense. Not only is it a hassle to not have your car in working order when you need it, but due to the dramatic increase in these thefts and overall supply chain disruptions, parts can be on backorder. This delay means it could take a while before your vehicle is repaired.
Catalytic converter theft prevention tips
Here are some tips on how you can help protect yourself:
- Have your VIN engraved onto your catalytic converter by a specialist. This may make the resale more difficult at the scrapyard and can help identify the correct owner of the vehicle.
- Park in your garage. If that’s not an option, park in a well-lit and secure area.
- Install motion-activated lights or cameras around your vehicle to act as a deterrent.
- Consider buying a metal cage that can be installed to cover the catalytic converter.
Although a catalytic converter may appear small, replacing it could be costly, especially if you lack appropriate insurance. While the theft may not be obvious when glancing at your vehicle, you’ll be able to tell something is wrong when you start your car because the engine will make a loud roaring noise as you accelerate.
The best step when you discover it’s missing is to file a police report and contact your insurance company. This way your vehicle and damages can be properly assessed.
Find more information and tips at aviva.ca/en/about-aviva/protect-yourself-from-fraud.
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