Convertible owners face theft risks and insurance considerations

Convertible owners face specific insurance considerations regarding theft prevention. HUK-COBURG reports that the company has paid an average of 2 million euros annually for stolen convertibles or thefts from them. To maintain insurance coverage, drivers are advised to close their roofs when parking for extended periods, particularly in public underground garages or when traveling in countries with higher theft rates, such as Italy or Poland. Leaving valuables like phones or bags in an open vehicle can also impact coverage.

In the luxury automotive market, convertibles are increasingly positioned as secondary or tertiary vehicles, often priced above 100,000 euros. While SUVs dominate the prestige segment, certain models like the BMW M440i xDrive continue to offer practical features for convertibles, including space for four passengers and a 385-liter trunk capacity.