Unrecovered stolen vehicles cost insurers £450m last year
Stolen vehicles not recovered by police represent an estimated £450m cost to insurers in 2014, based on figures from a Freedom of Information request by anti-fraud company Asset Protection Unit (APU).
The number is based on data from 43 of 45 UK police forces with an estimated 59,000 vehicles lost every year and, at an average cost per used car of £7622 in 2014, this puts the value of missing cars
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