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95% of cars stolen in Kent last year were never found

CMA says plummeting recovery rate is driving up insurance premiums

Mark Moran
18 April 2024
Phil Swift
Phil Swift

 

Rising vehicle thefts and plummeting recovery rates are increasing premiums for drivers in Kent, says an insurance specialist.

According to new data from Kent Police, obtained via a Freedom of Information (FoI) request by specialist motor insurance loss adjuster Claims Management & Adjusting (CMA), part of the QuestGates Group, just 65 of 1,169 cars stolen in the county in 2023 were recovered.

This is a very low 5.56% when compared to a recovery rate of around 50% recently reported by...

+96% more

 

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