Some Insurance Companies Drop Certain Hyundai and Kia Models Due To Theft

Last September, we covered the rise in car thefts during the pandemic, especially among certain Hyundai and Kia vehicles. The report came from the Highway Loss Data Institute (HLDI) and you can read our previous post here.  

2015-2019 Hyundai and Kia Models

So what vehicles are we talking about? Certain 2015-2019 Hyundai and Kia vehicles. HDLI says the issue is that unlike most other vehicles from other manufacturers during that time frame, the Hyundai and Kia vehicles with key-turn ignitions don’t have electronic immobilizers that prevent thieves from breaking in and bypassing the ignition, making them easier to steal.

 In 2015,  when immobilizers were standard on 96 percent of other manufacturers’ vehicles, HLDI says they were standard on only 26 percent of Hyundai and Kia vehicle models.

“Our earlier studies show that vehicle theft losses plunged after immobilizers were introduced,” said HLDI Senior Vice President Matt Moore. “Unfortunately, Hyundai and Kia have lagged behind other automakers in making them standard equipment.”

HDLI noted the trend in thefts with those particular Hyundai model years following its analysis of 2021 insurance claims that found a rise in car thefts among certain brands during the pandemic.

The issue also made its way to social media in 2021, making the theft problem worse.  

Here is the list of affected vehicles according to State Farm:

2015-2021 Hyundai Accent

2015-2021 Hyundai Elantra

2015-2021 Hyundai Kona

2015-2021 Hyundai Santa Fe

2015-2021 Hyundai Tucson

2015-2021 Hyundai Veloster

2015-2021 Kia Forte

2015-2021 Kia Optima (including hybrid models)

2015-2021 Kia Rio

2015-2021 Kia Sedona

2015-2021 Kia Sorento

2015-2021 Kia Soul

2015-2021 Kia Sportage

 

New Federal Lawsuit 

Some Kia and Hyundai owners have filed a class action lawsuits against the sibling automakers. There is also a national class action lawsuit that was filed in California.

But owners aren’t the only ones

Read the rest