The National Insurance Crime Bureau (NICB) estimates roughly 50,000 air bags are stolen each year, resulting in an annual loss of more than $50 million to owners and insurance companies. Hondas are the most common target of thieves, because their air bags can be removed in as little as 30 seconds.
Air bags are easy to steal and hide. Thieves resell the stolen air bags on the black market or on internet websites. Unscrupulous collision repair shops purchase the stolen air bags for between $50 to $200 each—which is cheaper than the $1,000 price tag at a dealership—in order to turn a profit, according to the NICB. Some tips to avoid falling victim to air bag thieves, by Takoma Park Police: