Kia, Hyundai are easy targets for thieves, insurance data confirms Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho/Bloomberg/Getty Images who have shunned its sedans and compact cars, Hyundai has said it will bring eight new or redesigned crossovers or SUVs by 2020.
Santa Fe sport utility vehicle (SUV) is seen during a launch event for the updated vehicle in Goyang, South Korea, on Wednesday, Feb. Without the right key, an immobilizer should do just that – stop the car from moving. Specifically, these SUVs and cars don’t have electronic immobilizers, which rely on a computer chip in the car and another in the key that communicate to confirm that the key really belongs to that vehicle. The Highway Loss Data Institute released insurance claims data last September that confirmed what various social media accounts had been saying: Some 2015 through 2019 Hyundai and Kia models are roughly twice as likely to be stolen as other vehicles of similar age, because many of them lack some of the basic auto theft prevention technology included in most other vehicles in those years, according to the HLDI. The insurance companies did not tell CNN which cities or states were involved. Several reports say the companies have stopped offering insurance on these vehicles in cities that include Denver, Colorado and St. Progressive and State Farm, two of America’s largest auto insurers, are refusing to write policies in certain cities for some older Hyundai and Kia models that have been deemed too easy to steal, according to the companies.
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