Source: US FBI
What happens if I’m a victim of catalytic converter theft?
If your catalytic converter is stolen, you’ll want to file a report with local police and contact your insurance company.
“It’s disruptive,” said Fairbanks. “It takes time out of your day. There’s a cost to it. You have to go to your insurance or pay out of pocket, have to go to the dealer, and your vehicle’s inoperable until you get it fixed.
And it’s a pricey but essential piece to replace: catalytic converters are federally mandated. Installing a new one could cost upwards of $3,000. Even if your auto insurance covers it, you may have to pay a deductible, and your insurance premium could go up after filing a claim.
Most importantly, if you encounter someone trying to steal your catalytic converter, Curran stressed that you not get involved.
“If you see the crime in progress, call the police immediately. Don’t try to interfere yourself because there have been so many violent incidents associated with these thefts.”