Some Auto Insurers Are Refusing to Cover Certain Hyundai, Kia Models

(NEWSnet) — At least two major auto insurers are reportedly refusing to cover certain Kia and Hyundai models because they lack the anti-theft devices commonly found in today’s cars.

Both State Farm and Progressive stated that they no longer write policies for some Kia and Hyundai models made between 2015 and 2019.

In September 2022, the Insurance Institute for Highway Safety and the Highway Loss Data Institute reported that vehicle theft claims for those vehicles were almost twice as common as for the Dodge Charger SRT Hellcat.

The report also found that the stolen Hyundai and Kia vehicles lack electronic mobilizers, which can defeat a thief’s ability to steal a car by simply breaking into the car and bypassing the ignition.

Both companies said the decision only applies to new policies, and existing policyholders can continue renewing their insurance.

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