50,000 airbags are stolen every year costing insurance companies and owners

Airbag thefts are on the rise, with over 50,000 stolen annually, causing $50 million in losses. The theft process is easier than catalytic converters, and stolen airbags are sold on the black market for $50-$200. Victims face high replacement costs, and prevention is challenging without a garage. Vehicle thefts have increased by 1% nationwide since 2019.

How does the theft of airbags compare to the theft of catalytic converters in terms of difficulty?

What impact does airbag theft have on vehicle owners financially?