The phrase "theft rate" refers to the frequency or number of thefts that occur within a certain period of time. It helps to measure how often thefts happen in a particular area or among a specific group. Full definition
Your rates will depend on how many vehicles you need to insure, and it can also be influenced by the auto theft rate in your area. (trustedchoice.com)
Depending on how many vehicles you need to insure and the auto theft rate in your area, rates could vary substantially from one business to the next. (trustedchoice.com)
Some areas have high theft rates, while in some areas car repair costs are higher. (policybazaar.com)