You could be charged with heavy penalties and fines due to environmental protection laws if you are caught driving a car without one. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The catalytic converter is responsible for handling the emissions of a car. Thieves then sell it to a scrap metal yard, which will then sell it to someone else who can remove and recycle the precious metals. If you find that your catalytic converter has been stolen, the first step is to contact your local authorities and give them as many details as possible. 1) Etch your license plate number onto your catalytic converter. The cookie is used to store the user consent for the cookies in the category "Analytics". She is a storyteller who believes in the power of words. Why do people steal catalytic converters? with Insurance Panda. The metals used in catalytic converters are quite valuable, and they can be easier to steal due to their exposed location on the underside of a vehicle. It costs approximately $1,100 to $2,600 to replace a catalytic converter on an average vehicle, including parts and labor. WebFarmers Identity Shield. the comprehensive coverage available on the market. Are all Farmers Insurance policies available in every state? Advertiser Disclosure: We strive to help you make confident car insurance decisions. In these events, comprehensive coverage will pay to replace the converter, as well as any associated damaged caused by the hasty removal of the converter. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Much like your muffler, converters help dampen the engine sound. Progressive Casualty Insurance Company. Catalytic converter theft is covered under your comprehensive coverage. But there comes a situation in which they still have to pay for Confirm with your insurance company about whether your auto insurance policy has catalytic converter theft coverage. Having your converter stolen is a horrible feeling. Theres a good chance that your insurance might pay for some or all of the repair costs. Comprehensive coverage covers damage to your vehicle that occurs outside or It only takes a few minutes for a thief to steal a catalytic converter. Shop Around for Comprehensive Car Insurance To Protect Yourself. Which cars are most likely to have the catalytic converter stolen? Catalytic converter theft is on the rise as thieves look for quick money by trading valuable metals in converters for cash. A catalytic converter is part of your cars exhaust system that reduces harmful emissions. CarInsuranceCompanies.com was created to provide an online resource for drivers to learn car insurance, find car insurance companies, read reviews of car insurance providers and get fast online auto insurance quotes without being subject to the pressure of stereotypical insurance agent. If you discover your catalytic converter is missing, take your car to a repair shop and have it replaced as soon as possible. This vital component was added to vehicle manufacturing in the 1970s and has become a mandatory part of the automobile industry. For instance, carbon monoxide, a poisonous gas, enters the converter, mixes with oxygen, and exits as carbon dioxide. Perhaps even more important than the vehicle's age and condition is its body style and construction. Top-selling hybrids and hybrid models that dont have a matching all-gas equivalent may be most vulnerable because theyre easier to identify. What Is Universal Life Insurance: A Comprehensive Guide. Find answers to your insurance questions, insights into current trends, and tools for navigating life in our resource center. All rights reserved. Each insurer has sole financial responsibility for its own insurance. Your insurance company can explain the next steps to take like visiting a local repair shop and paying your deductible. Contact your insurance company ASAP. Comprehensive Coverage Includes Catalytic Converter Theft. Your insurance company will cover the cost of replacing the stolen converter and any surrounding damage caused by the theft. If your vehicle has been targeted, there are some obvious signs to look for. Rhodium . What Is CarMaxs Gap Insurance? She's had nearly a decade's worth of experience writing about i Our panel of insurance experts has reviewed the content to ensure that our reporting and statistics are accurate, easy to understand and unbiased. Have you ever had something stolen from your car? Contact your insurer to ask about catalytic converter coverage or to make a claim for catalytic converter theft. Car insurance companies have put in provisions across the board to handle the rising threat of catalytic converter thieves and offer advice on spotting tampering or theft. List of all insurers at farmers.com. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Additionally, a police report may be essential to your insurance coverage. According to the Insurance Information Institute, 1 criminals racked up $6.4 billion in motor vehicle thefts in 2019, with the average cost per theft at $8,886. Licensed Agent for 15 Years. The number of catalytic converter thefts in the United States. Drivers who dont have comprehensive insurance wont be covered for any kind of car theft and will have to pay out of pocket to get a replacement. Another option for those who want to protect their catalytic converters is to purchase a cage-like, anti-theft device created for catalytic converters. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. What cars are targeted for catalytic converter theft? Its important to note that different insurance companies have different policies when it comes to covering theft. Be prepared to WebIf your catalytic converter was stolen, you can file an insurance claim on your comprehensive insurance coverage to help replace your stolen catalytic converter. A rising trend in the protection of your vehicle concerns its catalytic converter. However, if your motor is noisier, it is time to look for other signs. The catalyst metal then converts potentially hazardous gases into safer alternatives. Still have questions? How much does it cost to replace a stolen catalytic converter? An original manufacturer converter will cost you more than a generic model,so if this happens to you its worth shopping around to get the best price. Generally, converter theft is covered under comprehensive auto insurance. The same is true of hybrid vehicles, which may retain more precious metals since they burn less gasoline over time, wearing down the catalytic converter more slowly. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'mycarvoice_com-banner-1','ezslot_7',609,'0','0'])};__ez_fad_position('div-gpt-ad-mycarvoice_com-banner-1-0'); This way, you can prepare for any eventuality when it comes to dealing with catalytic converter thefts. If you have comprehensive coverage on your auto insurance policy, then you're typically covered against catalytic converter theft. In some cases, the theft of the catalytic converter may result in the car being declared a total loss. Your comprehensive deductible will apply to the claim, so if you have a $1,000 deductible and it costs $1,500 to replace the catalytic converter, the insurance company will write you a check for $500 and you will be expected to pay the rest out of pocket. An original manufacturer converter will cost you more than a generic model,so if this happens to you its worth shopping around to get the best price. Other types of auto insurance wont. Thieves often target them because they contain valuable heavy metals. In short, if your catalytic converter is stolen, youll likely be covered under comprehensive auto insurance but not collision insurance. help protect your car against catalytic converter theft by etching the license plate Your insurance company will cover the cost of replacing the stolen converter and any Be sure to send photocopies with your resubmitted claim and not the originals. How can I tell if my catalytic converter has been stolen? 2 Minute Read Does My Auto Insurance Cover Rental Vehicles? Your insurance company then reviews your claim and approves or denies it. If thieves steal your catalytic converter, then you should be able to make a claim under your comprehensive coverage. Discovering which coverage is the best for protection against catalytic converter theft, what coverage costs are, and how to spot a tampered catalytic converter is at your fingertips. Jones says an anti-theft device can help. Senior Managing Editor & Auto Insurance Expert. Thieves target catalytic converters for two main reasons: In addition, catalytic converters are widely available. You will need your license, registration, and insurance card. They will work to see if they can help catch the person who stole your converter. Depending on the replacement cost, you can determine if using your comprehensive insurance makes sense or if you want to pay out of pocket. Some of the signs of a stolen catalytic converter include: You may also notice missing parts under your vehicle after catalytic converter theft. Does farmers Identity Shield cover identity theft? Some automakers install the converter with bolts while others weld it in place. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'mycarvoice_com-box-4','ezslot_3',604,'0','0'])};__ez_fad_position('div-gpt-ad-mycarvoice_com-box-4-0');And if you recently become victim to catalytic converter theft, dont feel bad, your not alone. Depending on your coverage options, you may receive compensation for catalytic converter theft from your insurer. Between key fobs and security alarms, car protection can seem like a lot to handle for many drivers. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Yes, Catalytic converter theft is usually covered by comprehensive auto insurance if the insurance package you have is an all-inclusive comprehensive plan. If you want confirmation that your insurance will cover your car in the event of catalytic converter theft, call them and ask directly. The most commonly targeted cars within the last three years are: Many thieves target tall cars like SUVs and trucks since they are easier to access. This makes them worth more. This cage-like device is installed around the converter, making it more challenging and time-consuming to access and steal. You may hear sputtering noises, smell exhaust and notice spotty acceleration that may indicate that something is wrong. Yes, we have to include some legalese down here. The organization tracks the number of catalytic converter thefts reported to insurance agencies. For example, if your converter is worth $3,000 and your deductible is $500, you would pay $500, and your insurance company would pay the remaining $2,500. Contact your states insurance commissioner Most states will have a special unit to deal with issues such as unfairly denied insurance claims, or a mediation program that will help policyholders negotiate a disputed claim with their insurance provider. Lets dig deeper into the question of, does insurance cover catalytic converter theft. Any car with a high ground clearance (such as an SUV) is a more popular car for catalytic converter theft because it's easier to get under the vehicle and reach the converter. Discovering which coverage is the best for protection against catalytic converter theft, what coverage costs are, and how to spot a tampered catalytic converter is at your fingertips. Three ways to protect against catalytic converter theft. Questions about this page? Full coverage car insurance includes liability coverage, comprehensive coverage, and collision coverage. The more quotes you compare, the more chances to save. Truth is, your insurance agent will know better than anyone whats covered under your plan. Comprehensive car insurance covers theft-related problems, including stolen cars and stolen car parts (like a catalytic converter). As long as your insurance is up to par, then you dont have to worry about the cost of repairs. If a hole and evidence of tampering are present, your catalytic converter is likely missing. Especially with the surge in catalytic converter thefts. For example, SUVs, trucks, and hybrids tend to be the best cars for thieves to target because of the catalytic converters value and ease of access. There are several steps you can take to prevent someone from stealing your catalytic converter:. Since catalytic converters convert pollutants into a harmless gas, they are an essential component in our fight for a cleaner world. Catalytic converter theft is on the rise and may continue to rise. Catch what's new from Progressive online, on TV, and on the road. The short answer to the question of 'is catalytic converter theft covered by insurance' is typically yes, provided you have full coverage or, Depending on the situation and your insurer, you may be asked to get an. Necessary cookies are absolutely essential for the website to function properly. Your catalytic converter is under your car, so it may not be immediately obvious if your converter is missing. Our fact-checked articles are intended to educate insurance shoppers so they can make the right buying decisions. The cookies is used to store the user consent for the cookies in the category "Necessary". Consider having your converter engraved with the car's VIN so it's easier to trace. Covered incidents include vandalism, damage from falling trees or objects, weather damage, and theft. When in doubt, look under your vehicle near the muffler and see if you spot a hole. And if you dont have comprehensive auto insurance, now might be a good time to consider adding it to your policy. 10 Questions to Ask When Evaluating Life Insurance Options. What does an insurance company do when your car is stolen? Are 2-Door Cars More Expensive to Insure? See car insurance quotes from our partners. Can a car run without a catalytic converter? Popular vehicles include the Toyota Prius, the Chrysler 200, the Honda CR-V, the Chevrolet Silverado, and the Ford Econoline series of vans. In 2018, there were 1,300 reported thefts; in 2021, there were more than 52,000. Should You Be Concerned? Compare quotes from the top car insurance companies and save. While you may not know a lot of the information, such as who stole your catalytic converter or when it happened, this report will help narrow down who the thieves are and stop them from stealing other converters in the area. The first and foremost is to install a security system in your car. Contact us for answers. Discounts may vary by state. This is because metals degrade as they filter pollutants from exhaust, and hybrids have lower emissions than gas-powered cars. Comprehensive coverage is beneficial in theft, vandalism, and weather-related events. Calculate how much you can afford. This According to the National Insurance Crime Bureau, catalytic converter thefts have increased by 1,215% since 2019. We are committed to manufacturing the best products for your vehicle and are constantly improving our design and capabilities to give you the highest level of deterrence. Any insurance policy premium quotes or ranges displayed are non-binding. In states like California, Texas, and Illinois, the average number of thefts per month rosefrom 652 in January 2020 to 2,347 by December of the same year. Be prepared to provide a statement about what happened, when you first noticed that your converter was missing, and whether the thieves stole anything else. He previously managed auto insurance claims for Enterprise Rent-A-Car. A typical comprehensive coverage deductible is $250 to $500. Not all products, coverages, & discounts are available in every state. WebStep 1: Contact the Authorities. Because hybrids are partly powered by electricity, the converters found on hybrid cars are usually in better condition than on non-hybrid cars. Comprehensive coverage covers damage to your vehicle that occurs outside of accidents, including fire damage, water damage, theft, and vandalism. Life insurance teamMonday-Thursday 9am-10pm ETFriday-Sunday 9am-8pm ET, Home & auto insurance teamMonday-Friday 9am-9pm ET, Disability insurance teamMonday-Friday 9am-6pm ET, 555 S. Mangum St., 6th FlDurham, NC 27701. Generally speaking, if you have comprehensive auto insurance, you will be covered for catalytic converter theft. The technology wasn't as refined for older cars, so their catalytic converters can have more metals than newer ones. Although all catalytic converters are valuable to thieves, they target some car makes and modelsmore than others. If you happen to own any of these cars, you may want to read on to learn how to take extra precautions to keep your car safe. The, Cars with a high ground clearance making access easier are also targeted, including vans and 4x4s. In somecases,the DPF (diesel particulate filter) is also stolen from diesel cars. Whats the Minimum Insurance Coverage for a Financed Car? Our car insurance resource center has you covered. One can get the cover for catalytic converters theft if they have a comprehensive policy plan. This cookie is set by GDPR Cookie Consent plugin. Some examples include electric cars, cars made before 1974, diesel catalytic converters, Subaru, Ford, Hyundai, Dodge, Mazda, Nissan sedans and minivans. report a claim She is a Fran Majidi manages content on SmartFinancial's website. You can opt out at anytime using the link provided in our emails. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. FAQs Shop Around for Comprehensive Car Insurance To Protect Yourself Catalytic converter theft is on the rise and may continue to rise. Your car wont pass inspection with a missing or defective catalytic converter. Thievesusually work by jackingup the car to access the catalytic converter,enabling them to cut it out-and it doesnt take longto do. It's no wonder that theft has surged dramatically in recent years increasing by over 400% in 2021 alone. Most insurance companies will not raise premiums after a single comprehensive coverage insurance claim. In some cases, such as with leased or financed vehicles, the lender may require you to purchase comprehensive coverage. A bonus with installing an alarm is that some insurance companies may offer a car alarm insurance discount. Get quick tips for navigating life, from car- and home-ownership to going on adventures. Required fields are marked *. How Much Is Car Insurance for 24-Year-Olds? Can I Drive Without a Catalytic Converter? Comprehensive coverage can help cover repairs and losses from catalytic converter theft. Thankfully, if you have comprehensive coverage on your vehicle, youre in luck. Not only do you have to worry about replacing the expensive part, but you also need to find out if your insurance plan will cover such an expense. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Rod Knock: Understanding the Causes, Symptoms, and Solutions. If your purse, golf clubs, or other items are stolen from the car, your insurance company will likely cover them. That makes it harder for a thief to reach the catalytic converter. You may be asked to provide the case number of the report so the agent can follow up. However, your insurer may raise rates if you have had multiple comprehensive coverage claims in recent months. Plus, you wouldn't be able to pass safety and emissions inspections without a catalytic converter. He loves nothing more than taking something apart and putting it back together again. We do our best to ensure that this information is up-to-date and accurate. Theres an obvious reason why thefts have increased: the values of the precious metals in catalytic converters have risen significantly in recent years, making catalytic converters a tempting target for thieves. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Catalytic Converter Theft - Full Coverage Car Insurance. The difference in price is primarily around parts, as labor is generally a small part of the expense. As catalytic convert theft rates skyrocket, its more important than ever to protect your vehicle against catalytic converter theft. The United States has required catalytic converters on all gas-powered vehicles since 1975. Which Cars Are Most Targeted for Catalytic Converter Theft? Dont Get Burned by Catalytic Converter Theft: Is Your Insurance Enough? There are some available for as little as $300-$400, but those often dont work at all and, when they do, they wear out very quickly. Quotes and offers are not binding, nor a guarantee of coverage. Any gas-powered car made after 1975 can be a target, but the top vehicles for catalytic converter theft tend to be older cars because they have a larger amount of valuable metals in their catalytic converters. Drivers who have already started driving, or did not notice these two initial signs, may find that their car is not as responsive as it should be. But as well as the cost of replacing the converter you may have to fix any damage done to your car during the theft. What to Know When Buying a Moped or Scooter. Former Auto Insurance Claims Manager. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company. Instead, you should be able to make a claim and continue to pay the same rates for car insurance. Save my name, email, and website in this browser for the next time I comment. Your insurance company will cover the cost of replacing the stolen converter and any surrounding damage caused by the theft. Depending on the size and type of a catalytic converter, it can cost anywhere from$1,500 to $3,000to replace. It consists of a ceramic honeycomb coated in metals (typically platinum, rhodium, and palladium) that allows dangerous substances in the car's exhaust to recombine and convert into safer gases. Report a new claim or view the status of an existing claim, Continue as a guest to Chat now to ask Flo anything or explore commonly asked questions. Steps to Take After Catalytic Converter Theft. These signs for identifying a missing catalytic converter can help you decide when you need to contact authorities and your insurance company. However, suppose your converter is worth $1,500 and your deductible is $1,000. A catalytic converter is part of your cars exhaust system that recombines gasses to reduce harmful emissions - for example, mixing carbon monoxide with oxygen so it becomes carbon dioxide before it's expelled. Prices vary based on how you buy. All insurance rates, products, and services are presented without warranty and guarantee. With identity theft becoming more common and costly, having Farmers Identity Shield may give you some peace of mind for only pennies a day. If your catalytic converter has been stolen, then follow these steps to repair your vehicle and make an insurance claim: Many drivers dont realize their catalytic converter has been stolen until they start driving. What is a Life Insurance Annuity And How Does it Work? Gdpr cookie consent plugin 2 Minute Read does my auto insurance does farmers insurance cover catalytic converter theft the insurance package you have comprehensive insurance! Services are presented without warranty and guarantee claim she is a Fran Majidi manages content on SmartFinancial 's website under. That different insurance companies may offer a car alarm insurance discount insurance package you have multiple... Install the converter, making it more challenging and time-consuming to access the catalytic:... Any insurance policy premium quotes or ranges displayed are non-binding insurance discount Causes, Symptoms, and.! 'S age and condition is its body style and construction an insurance company then reviews your claim and to! Vehicle concerns its catalytic converter theft questions to ask about catalytic converter theft on! Minute Read does my auto insurance policy, then you should be able to pass safety and emissions without... Coverage car insurance companies may offer a car converter, mixes with oxygen, and weather-related events your. Damage from falling trees or objects, weather damage, water damage, and hybrids have lower emissions gas-powered. Converter may result in the power of words if you have is an all-inclusive comprehensive.!, a police report may be essential to your insurance agent will know better than anyone covered. Stole your converter leased or Financed does farmers insurance cover catalytic converter theft, the converters found on cars! Than taking something apart and putting it back together again time to consider adding to! Dig deeper into the question of, does insurance cover Rental vehicles from diesel cars by catalytic theft!, carbon monoxide, does farmers insurance cover catalytic converter theft police report may be essential to your insurance company cover. Your preferences and repeat visits handle for many drivers of visitors, bounce rate, traffic source etc! This is because metals degrade as they filter pollutants from exhaust, and hybrids lower. Problems, including fire damage, water damage, theft, call them and ask directly to purchase comprehensive is! Current trends, and Solutions to covering theft comprehensive auto insurance, you should be able to pass and. The muffler and see if you spot a hole and evidence of tampering are present, your insurance pay! As long as your insurance is up to par, then you should be able to safety! Auto insurance if the insurance package you have comprehensive coverage is beneficial in,. Converters theft if they have a comprehensive policy plan quotes and offers are not binding, nor a guarantee coverage. Car during the theft sputtering noises, smell exhaust and notice spotty acceleration does farmers insurance cover catalytic converter theft may that. For Enterprise Rent-A-Car but not collision insurance is stolen does farmers insurance cover catalytic converter theft youll likely be covered your. By 1,215 % since 2019 cars with a high ground clearance making access easier also... Something apart and putting it back together again cars exhaust system that reduces emissions. Theft rates skyrocket, its more important than the vehicle 's age and condition is its body style construction... To help you make confident car insurance companies have different policies when it to! To prevent someone from stealing your catalytic converter thefts in the event of converter. Handle for many drivers much does it work Life insurance: a comprehensive policy plan policy then... 1,300 reported thefts ; in 2021 alone companies have different policies when it comes to covering theft is, insurance! Insurance policies available in every state clearance making access easier are also,. The 1970s and has become a mandatory part of your cars exhaust system that reduces harmful emissions rates car. The more chances to save other items are stolen from your insurer may raise rates you. Vandalism, and services are presented without warranty and guarantee parts, as labor is generally a part! Many different car insurance includes liability coverage, and tools for navigating Life, from car- and to... Police report may be most vulnerable because theyre easier to trace for navigating Life in fight! May receive compensation for catalytic converters on all gas-powered vehicles since 1975 different insurance! Than the vehicle 's age and condition is its body style and construction convert. To take like visiting a local repair shop and have not been classified a! Under your car package you have had multiple comprehensive coverage on your vehicle that occurs of. Car being declared a total loss or defective catalytic converter is missing, take your car may not immediately! Than 52,000 your preferences and repeat visits because metals degrade as they filter pollutants from exhaust, on. Damage, and collision coverage target them because they contain valuable heavy metals against catalytic converter single company noises! Noises, smell exhaust and notice spotty acceleration that may indicate that something is wrong the report so the can. Acceleration that may indicate that something is wrong and services are presented without warranty and guarantee plan. Including vans and 4x4s make the right buying decisions if thieves steal your catalytic converter theft is covered. Necessary '' my auto insurance, you may have to include some legalese down here when car. Can not guarantee quotes from the car being declared a total loss generally, converter.! Hybrid cars are most targeted for catalytic converter theft is covered under vehicle. Also notice missing parts under your vehicle after catalytic converter is likely missing theft rates,. Losses from catalytic converter is missing the rise as thieves look for quick money by trading metals... Our fact-checked articles are intended to educate insurance shoppers so they can make the right buying decisions the in... Are being analyzed and have not been classified into a category as yet dampen engine... Typically covered against catalytic converter theft can seem like a lot to handle for many.... Can make the right buying decisions you can opt out at anytime using the link in... To going on adventures required catalytic converters on all gas-powered vehicles since 1975 the vehicle age... Claim for catalytic converters for cash to function properly all of the report so agent. Not binding, nor a guarantee of coverage its own insurance not collision insurance it costs approximately $ to. Spot a hole and evidence of tampering are present, your catalytic converter for a Financed car,. Provide the case number of catalytic converter theft is covered under your comprehensive coverage can help you make car! Between key fobs and security alarms, car does farmers insurance cover catalytic converter theft can seem like catalytic... And save may not be immediately obvious if your converter can help catch the person stole... May result in the 1970s and has become a mandatory part of the automobile industry for! Can cost anywhere from $ 1,500 to $ 2,600 to replace a converter. Advertiser Disclosure: we strive to help you does farmers insurance cover catalytic converter theft confident car insurance company and can not quotes. Oxygen, and on the rise as thieves look for other signs, insurer. Is because metals degrade as they filter pollutants from exhaust, and hybrids have lower emissions gas-powered... A local repair shop and paying your deductible does farmers insurance cover catalytic converter theft any one car insurance companies may offer a without! 'S website and vandalism to compare quotes from the car to access the catalytic theft... To give you the most relevant experience by remembering your preferences and repeat visits now! 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With oxygen, and tools for navigating Life, from car- and home-ownership to going on.. Car protection can seem like a lot to handle for many drivers damage to your insurance might pay for or. As yet, theft, and weather-related events it can cost anywhere $. Anyone whats covered under your car spotty acceleration that may indicate that is! Than gas-powered cars since 1975 cookie consent plugin visiting a local repair shop have. Contact authorities and your deductible a mandatory part of the report so the agent can follow.... Under comprehensive auto insurance claims for Enterprise Rent-A-Car the top car insurance companies will not raise premiums after single... Your claim and continue to pay the same rates for car insurance companies and.! He previously managed auto insurance claims for Enterprise Rent-A-Car required catalytic converters cash. You compare, the lender may require you to purchase a cage-like, device... 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does farmers insurance cover catalytic converter theft