Everybody Wants a New Vehicle, Including Thieves
Our Unique Digital Technology
The Hidden Costs of Theft: The cost of auto theft isn’t just the insurance deductible; it’s all the additional expenses that can add up beyond what insurance covers – and these costs can be significant.
By the Numbers
- Auto theft is on the rise and has become a serious crime in Canada.
- There are now over 2,600 different known organized crime groups operating in Canada¹.
- The cost of auto theft in Canada was over $1 billion in 2021².
| Expenses | Approximate Costs |
|---|---|
| Continuation of loan payment | $600/ monthly* |
| Rental Car Expenses | $50 – $100/ day |
| Loss of Property (ie- laptop, phone, golf clubs) | $1,000 – $2,000 |
| Insurance Deductible | $300 – $1,000 |
Our Unique Digital Technology
Honda Locate
Introducing the Honda Locate theft recovery device³. Virtually undetectable by thieves, this device provides peace of mind knowing your vehicle is safe. It is designed for recovery by waking from deep sleep mode once a day to record your vehicle’s location without transmitting signals until the next daily health check.
Virtual Fencing
All 180 seaports in North America are equipped with virtual fencing. If a Honda vehicle equipped with Honda Locate crosses a virtual fence and is held at a seaport, the device will send a notification to the recovery team.
Range Finder
Many stolen vehicles are held inside metal shipping containers. Honda Locate is the first solution of its kind to function from inside a shipping container. The Range Finder feature allows authorities to pinpoint the precise container containing the stolen vehicle.
24/7 Real Time Support
With recovery capabilities across North America, Honda owners benefit from an effective vehicle recovery solution. If your vehicle is stolen, Honda’s expert staff work directly with local law enforcement to support recovery efforts.
| Protection for recovered vehicles | If your vehicle is recovered and damaged but not deemed a total loss, you will be reimbursed up to $1,000 for repayment of your primary insurance deductible. |
|---|---|
| Protection for unrecovered or total loss vehicles | If your vehicle is not recovered within 30 days or is recovered and declared a total loss by your insurance provider, you will receive an allowance of up to $5,000 at the original selling dealer or any Honda Canada dealership of your choice to be used towards the purchase of a replacement vehicle. |
| Term | 5 years |
| Trip Interruption | Car rental allowance of up to $600. $400 for meals and accommodation. Airfare reimbursement up to $600. |
| Savings | Vehicle insurance discounts may apply. |
* Based on a 2023 Honda CR-V LX-2WD 60 month @6.89% monthly. Includes Freight & PDI, levies and fees.
¹ CISC Crime report 2021
² Insurance Bureau of Canada
³ Hardware device is powered by and supported by KYCS Global Inc.
⁴ Please refer to the terms and conditions for complete details of coverage and exclusions. Added warranty benefits are not available in Quebec.