Neighbor's catalytic converter got cut off his truck overnight. Second one on our street in a month. Takes less than 90 seconds with a battery saw apparently.
The repair cost is $1,500-3,000 depending on the vehicle. Comprehensive insurance covers it minus deductible but rates go up.
Which vehicles are getting hit the most? And is there anything that actually prevents this besides parking in a garage?
Park in the garage if you have one. If you don't, park in the most well-lit area possible. Motion sensor light aimed at where you park helps too.