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Posted

From: http://www.insurancenetworking.com/news ... 033-1.html

Since August 2009 thefts steadily increased across the nation as a result of rising prices for base metals, especially copper.

The top five Core Based Statistical Areas generating the most metal theft claims:

Chicago-Naperville-Joliet, IL (963)

New York-Northern New Jersey-Long Island, NY-NJ (921)

Atlanta-Sandy Springs-Marietta, GA (823)

Dallas-Ft. Worth-Arlington, TX (674)

Detroit-Warren-Livonia, MI (587).

The top five states generating the most metal theft claims are:

- Ohio (2,398)

- Texas (2,023)

- Georgia (1,481)

- California (1,348)

- Illinois (1,284)

Posted

We have seen several dozen houses with the copper pipe and/or wire gone. The most common question we are asked by the insurance company or bank is "How much copper was there and what was it worth?" Actually had one ask why they stole it!

Posted

TN passed a law this past year that to sell any scrap metal the seller must produce a valid government issued photo ID. Fill out a form as to the source of the metal and payment can only be made by a check made payable to the person who's name is on the ID. The news reported that this law has reduced metal theft by more than 50% in the state.

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