Catalytic converter theft claims fell in first half of year, first time in 3 years, State Farm says
The number of catalytic converter theft claims dropped in the first half of this year, the first time that's happened since 2019, according to data from insurance company State Farm.
Thefts of catalytic converters have become problematic nationwide in recent years. Once stolen, they are often melted down for their valuable metals.
State Farm said that there were approximately 14,500 claims from Jan. 1 through June 30. That compares with more than 23,000 catalytic converter theft claims during the same period a year ago.
State Farm attributes the decline to several factors, including media coverage of the issue, more legislative efforts and declining metal prices.
Earlier this month, AB 641 was signed into law with a goal to curb catalytic converter theft in California. The measure, signed by the governor, allows law enforcement to charge thieves with illegal auto dismantling and fine them up to $1,000 when they are caught with nine or more stolen catalytic converters.