Range Rover Buyers Offered Insurance Cash After String of Thefts
- JLR is looking to tackle soaring premiums after crime wave
- The SUVs are targets due to their value and keyless technology
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Jaguar Land Rover Automotive Plc is offering to pay part of customers’ insurance costs for new Range Rovers after a string of thefts caused premiums to soar and left some unable to get cover.
The British carmaker will provide £150 ($187) a month for up to three years toward cover of new Range Rover and Range Rover Sport models registered from May through September, it said Wednesday. The offer, through its recently launched insurance service, excludes the new Velar and Evoque models, and vehicles worth more than £150,000.