Yes, some car insurance companies have stopped covering Hyundai and Kia models due to theft

Which Kia models don’t have engine immobilizer? Are there any restrictions on Kias and Hyundais? Immobilizers are now tested in all Kia and Hyundai vehicles, according to their companies. They are also developing safety programs for cars that have not previously been equipped with an immobilizer, CNN reports. Copyright 2023 CNN Newsource. Which Kia models…

Progressive, State Farm removes insurance on some Hyundai, Kia cars

Progressive and State Farm will no longer issue insurance policies for select Hyundai and Kia vehicles due to an increase in vehicle thefts, the insurers confirmed this week. But what about other insurers? And what happens to car owners who have these vehicles but are already insured? Why is State Farm ceasing to insure some…

Insurers stop covering some Kia and Hyundai cars due to theft

Many companies featured on Money advertise with us. Opinions are our own, but compensation and thorough research determine where and how companies can appear. Learn more about how we earn money. At least two major auto insurance companies are refusing to cover certain Kia and Hyundai models in some locations as authorities report staggering rates…

Auto insurance prices rise 25% in 3 states in 2022, and experts say US drivers should brace for even more sticker shock in 2023 – here are 5 ways to cut your costs now

Three states saw auto insurance prices rise 25% in 2022 and experts say American drivers should prepare for even more sticker shock in 2023 – here are 5 ways to cut your costs now. A perfect storm of inflation, rising interest rates and volatile gas prices have left many American drivers strapped for cash in…