Progressive and State Farm, two of America’s largest auto insurers, are refusing to write policies in certain cities for some older Hyundai and Kia models that have been deemed too easy to steal, according to the companies. Several reports say the companies have stopped offering insurance on these vehicles in cities that include Denver, Colorado and St. Louis, Missouri. The insurance companies did not tell CNN which cities or states were involved.
“State Farm has temporarily stopped writing new business in some states for certain model years and trim levels of Hyundai and Kia vehicles because theft losses for these vehicles have increased dramatically,” the insurer said in a statement provided to CNN. “This is a serious problem impacting our customers and the entire auto insurance industry.” Progressive is also cutting back on insuring these cars in some markets, spokesman Jeff Sibel said in an emailed statement.
Time to take away insurance requirements
Which models you fuks
I thought at first that this row of cars was a bunch of Star Wars stormtroopers!
You ignoring the biggest story because Pfizer is your sponsor?