Auto theft insurance claims and losses in Canada declined again in 2025, though figures remain significantly higher than historical levels, according to newly released data from the Insurance Bureau of Canada.
IBC analysis based on industry data from General Insurance Statistical Agency systems found the number of theft claims dropped 24 per cent between 2024 and 2025, while the value of theft claims fell 30 per cent over the same period.
Despite the recent decline, long-term trends remain elevated. Over the last decade, theft-related insurance claims increased 38 per cent, while the value of claims surged 169 per cent.
The value of theft claims reached $723.9 million in 2025, compared to $269.1 million in 2015.
“The recent decrease in auto thefts is the result of concrete actions by governments of all orders, as well as law enforcement,” said Liam McGuinty, vice-president of federal affairs for IBC. “While progress is being made, auto theft remains far above historical levels, and Canadians are still bearing the consequences through increased insurance premiums and public safety risks.”
According to IBC, recent federal measures aimed at combatting vehicle theft contributed to the decline, including investments in Canada Border Services Agency capacity and technology, as well as rule changes allowing greater access to transporter and warehouse facilities at ports.
IBC also pointed to proposed Criminal Code amendments intended to further deter auto theft and commended the Ontario government for investments targeting organized crime networks tied to vehicle theft.
Nationally, theft claims peaked in 2023 at 43,234 claims valued at more than $1.5 billion before falling to 34,141 claims in 2024 and 25,834 in 2025.
IBC is urging the federal government to continue implementing recommendations outlined in its National Action Plan on Combatting Auto Theft, including proposed amendments to Canada’s Motor Vehicle Safety Standards that would align vehicle immobilization standards with current international anti-theft requirements.
The bureau is also calling for stronger oversight of Canada’s vehicle export system, saying weak regulation and oversight has made it easier for stolen vehicles to leave the country.
“Auto theft is trending in the right direction after two years of concerted action, but the job is far from done,” added McGuinty. “This is exactly the moment for governments to keep their foot on the gas and push these numbers down further.”
