No less than two main automotive insurers are refusing to guard sure Kia and Hyundai fashions as a result of they lack anti-theft measures frequent in in the present day’s vehicles, in keeping with reviews.
Each State Farm and Progressive confirmed with CNN that they now not write insurance policies for some Kia and Hyundai fashions manufactured between 2015 and 2019.
In September 2022, the Insurance coverage Institute for Freeway Security (IHHS) and the Freeway Loss Information Institute (HLDI) reported that car theft claims for 2015-19 Hyundai and Kia automobiles had been practically twice as frequent because the Dodge Charger SRT Hellcat.
“Automotive theft spiked in the course of the pandemic,” HLDI senior vice chairman Matt Moore mentioned within the report. “These numbers inform us that some automobiles could also be focused as a result of they’re quick or value some huge cash, and others as a result of they’re simple to steal.”
The report additionally famous that the Hyundai and Kia automobiles being stolen lack digital mobilizers that may hinder a thief’s skill to steal a automobile by simply breaking into the automobile and bypassing the ignition. As soon as immobilizers had been added to the vehicles, Moore mentioned, car thefts of Kias and Hyundais “plunged.”
The report additionally notes that immobilizers had been customary in 26 % of Kia and Hyundai car fashions in 2015, however customary in 96 % of all different producers.
State Farm and Progressive didn’t instantly reply to inquiries looking for further details about the claims.
In an announcement to CNN, State Farm confirmed the non permanent halting of writing insurance coverage insurance policies in some states for some Kia and Hyundai mannequin years and trim ranges.
Progressive additionally confirmed with CNN that it was making adjustments. In some areas, Progressive is growing charges and limiting the sale of latest insurance coverage insurance policies for many who have Kias and Hyundais that match inside the slot of automobiles which can be at substantial danger.
Kia and Hyundai car thefts are up as a lot as 300% over the previous two years in some cities.
Movies posted on social media present individuals the best way to begin the automobiles with out keys, with the tip of a cellphone charger or USB cable, and the development has prompted juveniles throughout the US to attempt to steal Kia and Hyundai automobiles to go for a joyride.
The producers are working by means of the thefts, with Hyundai providing steering wheel locks by means of municipalities like Clearwater, Florida.
One other repair making the rounds was created by the Suntrup Automotive Group in St. Louis, Missouri, involving a redesigned off-the-shelf Bluetooth swap that might be hardwired to the automobile to immobilize the ignition.