Major insurers plan to drop two car models’ coverage due to thefts: report

Hyundai, Kia owners face threat of theft due to social media challenge 00:00 00:0001:52GO LIVE Facebook Twitter Email Embed SpeedNormal Autoplay At least two major automotive insurers are refusing to protect certain Kia and Hyundai models because they lack anti-theft common in today’s cars, according to reports. Both State Farm and Progressive confirmed with CNN that they no longer write policies for some Kia and Hyundai models manufactured between 2015-2019. "Find something else to do, get a job," Azaela Wilburg says about the people who have stolen her car 3 times. Many of the thieves call themselves the "Kia Boyz," posting videos of themselves hot-wiring cars online. In September 2022, the Insurance Institute for Highway Safety , or IHHS, and Highway Loss Data Institute reported that vehicle theft claims for 2015-19 Hyundai and Kia vehicles were nearly twice as common as the Dodge Charger SRT Hellcat. "Car theft spiked during the pandemic," HLDI Senior Vice President Matt Moore said in the report. "These numbers tell us that some vehicles may be targeted because they’re fast or worth a lot of money, and others because they’re easy to steal." The report also noted that the Hyundai and Kia vehicles being […]

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