With car thefts spiking in Colorado the past few years, three auto insurance carriers are now declining to cover certain vehicles, leaving at-risk owners with fewer options.
Allstate, State Farm and Progressive are passing over new owners of some Kia and Hyundai vehicles, as thieves steal those cars at higher rates. In 2021, Colorado held the No. 1 spot in the nation for motor vehicle thefts – and those rates continued to skyrocket in the first half of last year, according to the Rocky Mountain Insurance Association.
In 2022, the top 10 U.S. cities for car thefts included Denver, Aurora, Westminster and Pueblo, according to the nonprofit.
