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Can't speak for the situation today but I'm not aware of anyone's motorcycle being "jacked" in Central America, Mexico or South America. Though there have been car jackings in Vancouver, Toronto and some US cities.
When I did my British Columbia to Panama return trip in 2010 my fairly new BMW bike was almost never unguarded even if it meant the amazing folks hosting me pushing it into the hotel lobby. Not one single time did I feel in danger or encountered anything alarming while enroute. I even parked on the street during the day in some cities in Mexico (with no luggage) and nothing happened. The same applied when I rented a bike in Colombia in 2019 and took some of the more remote unpaved routes.
I simply wouldn't worry about it and I don't believe having your bike forcibly removed is any more likely than at home. But remember that your insurance will most likely not be valid in the extremely unlikely event that your bike is stolen. It can happen anywhere and happens all the time in the US and Canada.
Enjoy your trip and trust the people.
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