The record of the National Insurance Crime Bureau (NICB) reported that ranked as the number one stolen car in America for 2008 is the 1994 Accord. It dethroned the 1995 Honda Civic which was considered in 2007 as the most desirable by auto thieves.
Honda Accord is one of the most respected cars by Americans because it is a fulfillment of what they want to find in daily transportation. It is comfortable, spacious, intelligently engineered, easy to drive, reliable and has many safety measures. More than these features is its high resale value.
The Accord is complete; it possesses all the facilities a family looks in a family-oriented vehicle. This motorized icon has been the auto magazine editors’ top recommendation many years running.
The NIBC rationalized why car thieves specialized in older and certain models of cars and trucks. These vehicles have parts which are valuable; parts are stripped from the vehicle and transported to a chop shop and are sold at twice the value of a used car.
Vehicles of newer models are more difficult to steal because of anti-theft devices installed, like ignition keys with embedded chips, security immobilizers, and others.
Auto theft is covered under the comprehensive section of the auto insurance policy. The coverage includes the loss of the vehicles as well as its parts like the air bag. Although it is not mandatory, comprehensive coverage pays for damages done by fire, vandalism and even weather- related damage as flooding and earthquake.
Premiums are also affected by the loss experience of a certain car, meaning the likelihood that the insured car will be stolen or damages and the value of the car at the time of loss. Overall, industry wide, the increase in insurance premium rates are reflective of the high value of new cars on the road, the value of cars being stolen and cost of bodywork.
There will also be higher premiums for cars that are in the top ten of cars most likely to be stolen. Honda Accord has been consistently in this list. So if your car is a Honda Accord, your insurance rates will be higher.
The good news, especially for car owners, loan and insurance companies, is that the FBI Uniform Crime Report shows that the number of 2008 vehicle theft has decreased by 13.1% from that of 2007. It is projected that there will be a continuous yearly decline of vehicle thefts which in the long run will affect insurance premiums.
Another relatively young man has died from cancer. NCAA president Myles Brand lost his fight with cancer at the age of 67. Read the full story in at The Sporting News 
