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News & Press: Industry News

NICB: 2018 Watercraft Thefts Still Sinking

Thursday, May 30, 2019   (0 Comments)
Posted by: IASIU Staff
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May 30, 2019
www.nicb.org

CONTACT:
Frank Scafidi
916.979.1510
fscafidi@nicb.org

NICB: 2018 WATERCRAFT THEFTS STILL SINKING
 
Eight percent drop from 2017 is good news for boaters

DES PLAINES, Ill.—The National Insurance Crime Bureau’s (NICB) 2018 watercraft theft report shows an eight percent decrease from 2017. A total of 4,499 watercraft were reported stolen between January 1 and December 31, 2018. The report is based on theft data contained in the National Crime Information Center (NCIC) database for all 50 states.

Release Resources: Report | Infographic

The top five states for thefts in descending order were:

 

 

State

Thefts

Recovery Rate

1

Florida

1,114

35%

2

California

483

58%

3

Texas

378

33%

4

Louisiana

146

38%

5

North Carolina

143

34%

 

Hawaii, where boats are as numerous as tourists, reported no thefts in 2018.

 

The top five cities for thefts in descending order were:

 

 

City

Thefts

Recovery Rate

1

Miami

203

33%

2

Fort Lauderdale, Fla.

68

25%

3

Tampa, Fla.

64

28%

4

Sacramento, Calif.

55

75%

5

Portland, Ore.

34

65%

 

The top five types of watercraft stolen in descending order were:

 

 

Watercraft Type*

Thefts

Recovery Rate

1

Personal Watercraft

1,139

29%

2

Runabout

529

47%

3

Utility

279

41%

4

Cruiser

171

49%

5

Sailboat

33

64%

 

The top five manufacturers for watercraft thefts in descending order were:

 

 

Manufacturer

Thefts

Recovery Rate

1

Yamaha Motor Corp., USA

564

25%

2

Bombardier Corp.**

336

33%

3

Kawasaki Motors Mfg.

106

31%

4

Perception Kayaks Inc.

60

25%

5

Tracker Marine LP

51

35%

 

Most thefts in 2018 occurred during the months of July (551), June (500) and August (500). March logged the fewest thefts with 238.

 

Boat owners are reminded to practice safe and smart boating. That includes personal safety while on the water, as well as theft prevention.

 

NICB recommends the following tips to protect your watercraft from theft:

  • When you “dock it, lock it” and secure it to the dock with a steel cable
  • Remove expensive equipment when not in use
  • Chain and lock detachable motors to the boat
  • Do not leave title or registration papers in the craft
  • Disable the craft by shutting fuel lines or removing batteries
  • Use a trailer hitch lock after parking a boat on its trailer
  • Install a kill switch in the ignition system
  • Ensure your marine insurance policy includes your equipment, boat and trailer
  • Take photos of the boat and mark it with a Hull Identification Number (HIN)

* Described below are the 13 watercraft types as found in the NCIC code manual, one of which is “Jet Ski”—NCIC’s universal name for all personal watercraft without regard to manufacturer. Jet Ski is also the registered trademark for Kawasaki Motor Corporation’s line of personal watercraft.

Airboat: not defined

Commercial: ferry, oyster boat, motor barge, towboat, tug, clam dredge, coaster, riverboat, smack boat, etc.

Cruiser: a boat with an inboard motor that is at least 25 feet long, but no longer than 50 feet

Houseboat: not defined

Hovercraft: not defined

Hydrofoil: not defined

Hydroplane: not defined

Jet-Ski (PWC): aqua bike

Runabout: launch, motorboat, outrider, speedboat, etc.

Sailboat: cat, catamaran, cutter, bark, ketch, lateen, lugger, pinnace, schooner, sloop, yawl, etc.

Utility: fisherman, sedan, etc.

Yacht: a boat with an inboard motor that is more than 50 feet long and is used mainly for pleasure or recreation

All other: canoe, dinghy, dory, johnboat, kayak, lifeboat, paddleboat, rowboat, skull, skiff, etc.

 

**In 2003, Bombardier Corp. sold off its recreational products division. The Sea-Doo personal watercraft is now produced by Bombardier Recreational Products, Inc. Thus, the 336 thefts would include pre-2003 models.

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About the National Insurance Crime Bureau: Headquartered in Des Plaines, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to preventing, detecting and defeating insurance fraud and vehicle theft through data analytics, investigations, learning and development, government affairs and public awareness. The NICB is supported by more than 1,100 property and casualty insurance companies and self-insured organizations. NICB member companies wrote over $496 billion in insurance premiums in 2018, or more than 81 percent of the nation's property/casualty insurance. That includes more than 92 percent ($254 billion) of the nation's personal auto insurance. To learn more visit www.nicb.org.

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