Why Are Insurance Companies Not Insuring Some Kia and Hyundai Vehicle Models? 

Some insurers have stopped renewing policies covering specific Kia and Hyundai vehicle models due primarily to the significant increase in theft rates. These vehicles have become popular targets for thieves due to particular vulnerabilities in their original design, making them easier to steal compared to other brands.

Many of the affected Kia and Hyundai models lack engine immobilizers, a standard feature in most modern vehicles that prevents the engine from starting without the correct key. This absence makes these cars more susceptible to theft, as thieves can easily bypass the ignition system.

The surge in thefts has financial implications for insurance companies. Higher theft rates lead to more claims, increasing the cost for insurers.

Impact on Vehicle Owners

For owners of these Kia and Hyundai models, this situation presents several challenges, including the following:

• Increased insurance premiums with insurers willing to provide coverage

• Limited coverage options

• Potential financial burden in case of theft or damage to the vehicle

What Can Kia and Hyundai Vehicle Owners Do?

If you own one of the affected Kia or Hyundai models, there are several steps you can take to protect your vehicle and potentially secure insurance coverage. Consider adding additional security measures such as steering wheel locks, alarm systems and GPS trackers.

It’s also crucial to keep up to date with any recall or retrofit programs offered by Kia and Hyundai to enhance your vehicle’s security. Both companies offer theft deterrent software updates for vehicles that lack an immobilizer.

Contact Us

Contact Affiliated Agency of Ocala, in Ocala, Florida, for an auto insurance quote. Our experienced agents can help you shop for appropriate coverage at favorable rates.

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.