Status Symbol Cars Targeted by Vandals

Friday, 20 May 2011

Alan Partridge’s car of choice, the Lexus IS, is the most frequently-vandalised car in Britain, based on an analysis of thousands of vandalism claims by online insurer swiftcover.com.

The Lexus IS, followed by the BMW Z4, Mini ONE and Mercedes CLK, made up the top four, and the majority of the vehicles in the top ten were prestige cars, with the Audi TT and BMW X5 both featuring near the top of the rankings.
Robin Reames, claims director at online insurer swiftcover.com, said: “Our research shows that luxury cars are more likely to be targeted by vandals. The majority of vehicles in the top ten are what we call ‘executive cars’, likely to be driven by high earners who see their car as a status symbol. Although people might have expected 4x4 vehicles to feature highly due to their reputation for being targeted by environmental campaigners, our research showed that only one 4x4 (the BMW X5) reached the top 10.”

The research found that high end brands were consistently targeted more than any others (BMW, Audi and Mercedes Benz were the three brands of car most likely to be maliciously damaged), and that “everyday” cars such as Ford and Citroen were vandalised less often.

swiftcover.com analysis shows the top ten cars most likely to be targeted by vandals

 Position Brand and model VV Index rating**
1 Lexus IS 5.56
2 BMW Z4 4.75
3 Mini One 4.62
4 Mercedes CLK 4.52
5 Audi TT 4.48
6 Mazda MX-5 4.31
7 BMW X5 4.24
8 Skoda Octavia 4.09
9 BMW 525 4.05
10 BMW 530 3.92

Reames continues, “Vandalism is difficult to prevent, but motorists can take measures to protect their cars. The most obvious one is not to leave cars on the street – if you’re lucky enough to have a garage, use it to keep your car out of harm’s way. Installing extra security features such as motion activated lights or security cameras will reduce your risk, as will a physical car cover to hide your car from view.”

*based on analysis of 1,949 claims for vandalism and malicious damage among the 830,000 UK vehicles currently insured by swiftcover.com. Figures adjusted to take into account numbers of cars on the road and cars with less than ten instances of vandalism/malicious damage per year removed.

**Based on the percentage chance that the car would be vandalised in a one year period, from 22 November 2010 to 22 November 2011, multiplied by 10. The most popular car on the road in the UK, the Ford Focus, has an index score of 1.9.

Ends

Notes to Editors
swiftcover.com provides cover for malicious damage as standard.
 

For press enquiries please contact:
Luke O’Mahony or Sean Williams
Brazil (PR agency for swiftcover.com)
020 7785 7383
swiftcover@agencybrazil.com

About swiftcover:

swiftcover.com was born out of a desire to revolutionise the general insurance market by making insurance quick and easy to use.

swiftcover.com offers car and home insurance. As an online only brand, they save on overheads which allows any cost savings to go straight back to customers through value for money insurance cover. swiftcover.com's revolutionary approach to the insurance market has resulted in some prestigious awards, including the lovemoney.com award for 'Best Value for Money Car Insurer' which was won in 2012.

This powerful operating model combined with successful marketing and competitive pricing has proven to be a tremendous success.

swiftcover.com is a trading name of AXA Insurance UK Plc which forms part of the AXA Group.

About AXA:

AXA Group is a worldwide leader in insurance and asset management, with 216,000 employees serving 93 million clients. In 2010, IFRS revenues amounted to Euro 91 billion and IFRS underlying earnings to Euro 3.9 billion. AXA had Euro 1,104 billion in assets under management as of December 31, 2010.

The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISNFR 0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA’s American Depository Shares are also quoted on the OTC QX platform under the ticker symbol AXAHY.

The Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD.

Our previous company performance is not a guide to how we may perform in the future.

Any opinions expressed in this media communication are made as at the date of this publication but are subject to change without notice.

Press Releases Home

Media Contacts

If you are looking for a press release that doesn't appear to be on this site, please contact Brazil.

Insurance Market Research
We have a wide selection of media material including reports, case studies and market data. If you need comment, insurance comparisons or market insight, please contact Brazil.

Journalist enquiries about swiftcover.com, please contact
swiftcover@agencybrazil.com

If you have an enquiry regarding your policy please contact us

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority