Some Insurers Are Not Insuring Kia and Hyundai Models 

Some insurers choose not to renew policies for specific Kia and Hyundai vehicles due to a sharp increase in theft incidents. These models have become attractive targets for criminals, mainly due to specific design flaws that make them easier to steal compared to other brands.

Many Kia and Hyundai vehicles on the list of affected models are missing engine immobilizers, a standard security feature in contemporary cars that prevents the engine from starting without the proper key. This lack of protection makes these vehicles particularly vulnerable, as thieves can easily circumvent the ignition system.

Financial Ramifications for Insurers

The increase in thefts carries significant financial consequences for insurance companies. With more theft claims being filed, the overall costs for insurers rise. Consequently, some companies have chosen to limit coverage for these vehicles to reduce their financial exposure.

Consequences for Vehicle Owners

For owners of these specific Kia and Hyundai models, the current situation brings a range of challenges:

• Rising insurance costs—Those insurers still willing to cover these models may impose higher premiums.

• Reduced coverage options—With fewer insurers willing to insure these vehicles, owners have limited choices.

• Potential out-of-pocket expenses—In the event of theft or damage, owners may have to bear considerable costs themselves.

Protective Steps for Vehicle Owners

If you own one of the affected models, consider taking proactive measures to protect your vehicle and possibly improve your chances of obtaining insurance.

Install additional security features such as steering wheel locks, alarm systems and GPS tracking devices to help deter thieves.

Stay informed about any recalls or retrofit programs from Kia and Hyundai aimed at enhancing vehicle security. Both manufacturers offer software updates that can help deter theft of models without immobilizers.

Contact Us

Contact Luna Insurance Agency in Fort Worth, Texas, to compare auto insurance quotes and get appropriate coverage for your vehicle.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.