Catalytic converter theft has become a significant issue in recent years. According to the National Insurance Crime Bureau (NICB), 1,298 Americans reported stolen catalytic converters to their insurance companies in 2018. By 2020, that number jumped to 14,433, and it surged even higher in 2022 with 64,701 thefts.
Almost half of these thefts occurred in California and Texas, with approximately 24,000 and 8,000 thefts reported, respectively.
The NICB is actively tracking legislative measures aimed at reducing these thefts. In 2022, 163 bills were introduced across 37 states, resulting in 31 new laws. This year, 96 bills from 39 states are being tracked, which aim to introduce new legislation or strengthen existing laws.
Catalytic converters, part of your vehicle's exhaust system, are made of rare metals like palladium and rhodium. These metals filter harmful pollutants from exhaust gases, making them valuable targets for thieves. The rise in metal prices has only increased the incentive for theft.
Thieves can fetch up to $1,000 for a stolen catalytic converter, depending on the vehicle, age, and condition. The price of palladium has risen from $500 an ounce five years ago to around $1,300 per ounce today. Similarly, rhodium has jumped from $640 an ounce to over $4,200 per ounce.
Preventing catalytic converter theft requires a few strategic steps:
If you suspect your catalytic converter has been stolen, indicated by a loud rumbling sound and a strong exhaust smell, take the following steps:
For truckers, especially those operating in the Sacramento Valley and dealing with diesel trucks and diesel emissions, catalytic converter theft is a major concern. The high number o`f thefts in California highlights the importance of taking preventative measures to protect your fleet and ensure compliance with emissions standards.
By staying informed and taking proactive steps, you can reduce the risk of catalytic converter theft and keep your diesel trucks running smoothly. For more tips and information on protecting your vehicle and keeping up with diesel emissions regulations, visit our blog, or go to...
www.sacvalleydieseltesting.com