Jun 4, 2026 – 12.05amNew industry data shows insurance claims for car thefts have surged by 25 per cent in Victoria but declined in the rest of the country, and the $243 million total bill in that state exceeds the figure for all the other states combined.The Insurance Council of Australia data shows 10,000 insurance claims for car theft worth $205 million were lodged in Victorian metropolitan regions last year, up 30 per cent by volume and 42 per cent by value, compared with the previous year.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Car theft declines in every state except one
Insurance claims for car thefts in Victoria have surged by 25 per cent, and the total bill is higher than for all the other states combined.
TL;DRAI
Victoria's car theft insurance claims jumped 25% to $243 million, surpassing all other Australian states combined, while theft declined nationally. The regional loss concentration highlights potential enforcement gaps or vehicle security vulnerabilities affecting insurers' risk models and fleet operators' budget decisions.
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