Insurance claims for Toronto auto thefts up 561 per cent since 2018 as claims in Ontario surpass $1 billion

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Insurance claims due to auto theft have skyrocketed in the Greater Toronto Area and across Ontario over the past few years, new data from the Insurance Bureau of Canada (ICB) shows.

Insurance claims due to auto theft have skyrocketed in the Greater Toronto Area and across Ontario over the past few years, new data from the Insurance Bureau of Canada shows.Tuesday show that auto theft claims in Toronto jumped from a little over $56 million in 2018 to nearly $372 million in 2023, an increase of 561 per cent.

In an interview with CP24, she said cooperation is required across multiple sectors to combat the problem. Police services across the GTA have expressed concern over the past year about increasingly violent auto thefts. They have warned that the crime has become a sophisticated industry which sees hundreds of vehicles stolen in the province for export to foreign markets, with the proceeds funding other sorts of criminal activity.in the Port of Montreal over the past few months as part of an interprovincial auto theft investigation. Most of them had been stolen from the GTA.

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