That was my thought too. Having VIN etchings all over the car will aid law enforcement if they are building a case against people who run black market parts operations/chop shops, but that does nothing for me financially for the investment. It won't make the car any less likely to be stolen, which is probably why insurance companies don't give a discount for it any more, or at least mine doesn't.
If the VIN etched pieces of the car are separated after being stolen, the car will have been totaled by insurance long before all the pieces have been recovered and matched. At that point the car is really just evidence to a crime and will never be re-assembled and returned to me.
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