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NEWS BRIEF

New Colorado Auto Insurance Law

November 11, 2008 - Starting this month, the mail and inboxes of Colorado drivers will begin filling up with notices from their car insurance companies informing customers of a new "opt-out" requirement due to a new Colorado Law that takes effect January 1, 2009.  More...

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New Mexico Auto Theft Statistics

9,225 motor vehicle thefts were reported in 2006 according to the National Insurance Crime Bureau, up 15.4% from 2005. Nationwide, the number of auto thefts decreased 3.4%.

Using the FBI's average valuation of $6,173 per stolen vehicle, this amounts to an estimated $56.9 million in losses during 2006, in vehicle value alone.

New Mexico 's Top Ten Stolen Vehicles in 2007 (NICB)

  1. 2005 Dodge Ram Pickup
  2. 1994 Honda Accord
  3. 1992 Chevrolet Full Size C/K 1500 Pickup
  4. 2004 Ford F150 Series
  5. 1998 Honda Civic
  6. 1997 Ford F250 Series
  7. 1990 Toyota Camry
  8. 2006 Ford F350 Series
  9. 2005 Ford F Series
  10. 1994 Jeep Cherokee/Grand Cherokee

Each year, the National Insurance Crime Bureau (NICB) studies Metropolitan Statistical Areas (MSA's), or major metropolitan areas to compare the number of vehicle thefts per 100,000 people.

Metropolitan
Area
2007 Rank, out of 361 MSAs 2007
Auto Theft Rate
per 100,000 people
2006
Auto Theft Rate
per 100,000 people

Albuquerque

7

819.64

860.12

Las Cruces

186

224.86

270.14

Santa Fe

146

285.40

243.81

Farmington

181

230.34

212.71

 

How Medical Bills are Paid After an Auto Accident

When you buy auto insurance you need to think about what actually happens when you're in an accident and need to use it...

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Credit Scoring

 

 

 


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Updated: November 18, 2008 11:14 AM
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