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Major insurance companies drop coverage of some Hyundai, Kia vehicles after theft issues

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The move comes after social media posts showed how to start certain Kia and Hyundai cars without the use of a key, prompting theft warnings from police.

Theft claims nearly twice as common for older Hyundai, Kia vehicles

The reason, the institute said, is likely because both companies sell vehicles that don't have electronic immobilizers to prevent thieves from driving off with the cars. Thieves are able to break in and bypass the ignition, the researchers said.

 

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Insurance companies refusing to carry some Hyundai and Kia models over thefts - AutoblogInsurance companies are refusing policies on certain Hyundai and Kia models, and raising rates on those already insured, because of skyrocketing thefts.
Source: therealautoblog - 🏆 528. / 51 Read more »