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May 16, 2018 Property and Casualty News
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NICB: US Watercraft Thefts Resume Downward Trend

PR Newswire

DES PLAINES, Ill., May 16, 2018 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau's (NICB) 2017 watercraft theft report shows a five percent decrease and resumes the downward trend in thefts that was broken by 2016's slight increase. A total of 4,864 watercraft were reported stolen between January 1 and December 31, 2017. The report is based on theft data contained in the National Crime Information Center (NCIC) database for all 50 states and the District of Columbia.

The top five states for thefts in descending order were:

State

Thefts

Recovery Rate

1

Florida

1,163

34%

2

California

488

54%

3

Texas

410

36%

4

North Carolina

158

35%

5

Washington

156

49%

The top five cities for thefts in descending order were:

City

Thefts

Recovery Rate

1

Miami

208

29%

2

Tampa, Fla.

81

25%

3

Fort Lauderdale, Fla.

77

30%

4

Sacramento, Calif.

51

45%

5

Largo, Fla.

46

35%

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

Watercraft Type*

Thefts

Recovery Rate

1

Personal Watercraft

1,180

27%

2

Runabout

618

43%

3

Utility

285

38%

4

Cruiser

185

56%

5

Sailboat

41

56%

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

Manufacturer

Thefts

Recovery Rate

1

Yamaha Motor Corp., USA

620

24%

2

Bombardier Corp.**

425

37%

3

Kawasaki Motors Mfg.

150

25%

4

Bass Tracker Corp.

116

41%

5

Alumacraft Boat Co.

116

32%

Most thefts in 2017 occurred during the months of May, June, July, August and September with June recording the highest number with 628. December saw the fewest with 222.

Download the complete watercraft report and an infographic.

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)

More anti-theft information can be found in our boat theft brochure.

* 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 425 thefts would include pre-2003 models.

Anyone with information concerning insurance fraud or vehicle theft can report it anonymously by calling toll-free 800-TEL-NICB (800-835-6422), texting keyword "fraud" to TIP411 (847411) or submitting a form on our website. Or, download the NICB Fraud Tips app on your iPhone or Android device.

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, training, legislative advocacy 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 $461 billion in insurance premiums in 2017, or more than 81 percent of the nation's property/casualty insurance. That includes more than 95 percent ($218 billion) of the nation's personal auto insurance. To learn more visit www.nicb.org.

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Cision View original content:http://www.prnewswire.com/news-releases/nicb-us-watercraft-thefts-resume-downward-trend-300649016.html

SOURCE National Insurance Crime Bureau

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