Australian car theft claims spike – particularly in Victoria

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Contemporary knowledge from the Insurance coverage Council of Australia (ICA) at this time exhibits the variety of motorcar theft claims decreased in each state over the past monetary yr besides Victoria – which noticed the most important annual enhance on report.

Insurance coverage Statistics Australia (ISA) knowledge from New South Wales, Queensland, South Australia, Victoria and Western Australia has reaffirmed Victoria because the nation’s car-theft capital.

The southern state recorded a 59 per cent enhance in motor theft claims and a 70 per cent enhance in incurred prices – with greater than 12,000 claims totalling $223 million within the 12 months to June 2025.

Metro Victoria accounted for almost all of the claims and noticed the most important enhance. Claims had been up 70 per cent and prices up 80 per cent; with 10,000 claims totalling $183 million in insured losses.

Nationally, the variety of motor theft claims elevated by 11 per cent to 30,000 claims totalling $466 million, up 20 per cent on the earlier 12-month interval.

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Queensland noticed the most important discount in motor theft claims (down 11 per cent to 6000), totalling $104 million in losses (down 10 per cent), marking the most important drop the state has seen in additional than a decade.

Declare numbers fell by 10 per cent in Western Australia and South Australia, and three.0 per cent in NSW – lowering to 4000, 1300 and 5800 respectively.

The incidence of motorcar theft as a share of complete motor insurance coverage insurance policies (theft declare frequency) additionally decreased in all states besides Victoria, the place it elevated from 0.26 to 0.45 per cent in metro Victoria.

“Motor theft claims have been climbing considerably during the last decade, and whereas they solely make up a small a part of total motor claims, this can be a rising concern,” mentioned ICA CEO Andrew Corridor.

“Everybody pays for automobile theft, by means of elevated prices of policing, courts and finally insurance coverage. We can not settle for this degree of automobile crime as regular in Australia.

“It’s encouraging to see automobile crime claims on the decline in majority of states and the reductions in Queensland, which was beforehand main the nation on the will increase, are significantly pleasing.