Kia, Hyundai theft settlement funds coming to New Yorkers: Are you eligible? - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
March 6, 2024 Newswires
Share
Share
Post
Email

Kia, Hyundai theft settlement funds coming to New Yorkers: Are you eligible?

Democrat and Chronicle (Rochester, NY)

Packets filled with information about Kia and Hyundai's theft settlement and what that could mean for eligible vehicle owners are landing in New Yorkers' mailboxes.

Consumers filed a class action lawsuit in August 2022, claiming certain model year Kia and Hyundai vehicles were not equipped with engine immobilizers, which made them susceptible to theft and damage,. Both companies reached a voluntary $145 million settlement in May 2023 and the court gave preliminary approval to the settlement several months later.

Here's what to know about the proposed settlement and if you may be eligible to receive some money as a result.

Which vehicles are eligible for settlement money?

If you purchased or leased any of these Kia or Hyundai vehicles in the U.S. and they weren't equipped with an engine immobilizer, you may benefit from the settlement:

  • 2011-2021 Kia Forte, Kia Rio or Kia Sedona
  • 2021-2022 Kia K5 or Kia Seltos
  • 2011-2020 Kia Optima
  • 2011-2022 Kia Sorento, Kia Soul, Kia Sportage, Hyundai Accent, Hyundai Elantra, Hyundai Tucson or Hyundai Santa Fe
  • 2013-2014 Hyundai Elantra Coupe
  • 2013-2020 Hyundai Elantra GT
  • 2011-2012 Hyundai Elantra Touring
  • 2011-2014 Hyundai Genesis Coupe
  • 2018-2022 Hyundai Kona
  • 2020-2021 Hyundai Palisade
  • 2013-2018 Hyundai Santa Fe Sport
  • 2019 Hyundai Santa Fe XL
  • 2011-2019 Hyundai Sonata
  • 2012-2017, 2019-2021 Hyundai Veloster
  • 2020-2021 Hyundai Venue
  • 2011-2012 Hyundai Veracruz

New Yorkers may be eligible to receive reimbursements as a result of Kia and Hyundai's recent theft-related settlement.

Which vehicles are eligible for free software upgrades?

Certain Kia and Hyundai vehicles may be eligible for free software upgrades to prevent locked vehicles from starting without a key, which is a popular theft method on social media.

Those who purchased or leased the eligible vehicles may also be reimbursed up to $50 per vehicle if you purchased a steering wheel lock or equivalent device at least 30 days before the software upgrade was made available.

Here's which vehicles are eligible:

  • 2014-2021 Kia Forte
  • 2021-2022 Kia K5 or Kia Seltos
  • 2011-2020 Kia Optima
  • 2012-2021 Kia Rio
  • 2011-2021 Kia Sedona
  • 2011-2022 Kia Sorento, Kia Sportage, Hyundai Elantra or Hyundai Tucson
  • 2020-2022 Kia Soul
  • 2018-2022 Hyundai Accent or Hyundai Kona
  • 2013-2020 Hyundai Elantra GT
  • 2013-2014 Hyundai Genesis Coupe
  • 2020-2021 Hyundai Palisade or Hyundai Venue
  • 2013-2022 Hyundai Santa Fe
  • 2013-2018 Hyundai Santa Fe Sport
  • 2019 Hyundai Santa Fe XL
  • 2011-2019 Hyundai Sonata
  • 2012-2017, 2019-2021 Hyundai Veloster

Car thefts: Lawsuit against Kia, Hyundai to be filed by Rochester

Other benefits you might be eligible for

If you purchased or leased a Kia or Hyundai vehicle ineligible for a free software upgrade, you could be reimbursed up to $300 per vehicle for the purchase and/or installation of a steering wheel lock, glass breakage alarm or similar anti-theft system or aftermarket modification designed to deter or prevent theft.

Here's which vehicles are eligible for the reimbursement:

  • 2011-2015 Kia Forte
  • 2011-2021 Kia Rio or Kia Soul
  • 2011-2014 Kia Sportage
  • 2014 Kia Sedona
  • 2011-2017 Hyundai Accent
  • 2013-2014 Hyundai Elantra Coupe
  • 2011-2012 Hyundai Elantra Touring, Hyundai Genesis Coupe, Hyundai Santa Fe, or Hyundai Veracruz

The "Kia challenge" has led thieves to damage steering columns on some models of Kia and Hyundai automobiles which can then be started using a USB cord.   The auto companies are offering free software updates to help prevent the thefts.

Here's how much money you may get

You can also make claims for certain out-of-pocket and uncompensated losses from receiving a software upgrade and/or experiencing a qualifying theft or qualifying theft attempt.

A "qualifying theft" is the theft of a vehicle through forcible entry and breach of the ignition system and a "qualifying theft attempt" is attempted theft through forcible entry and either the attempted dismantling of the steering column or attempted breach of the ignition system.

Eligible losses include:

  • The total loss of an eligible vehicle as a result of a qualifying theft or qualifying theft attempt could get you up to 60% of the Black Book value for the total loss.
  • Reimbursement up to $3,375 or 33% for damage to an eligible vehicle from each qualifying theft or qualifying theft attempt and/or for the value of personal property stolen or damaged during one of those events.
  • If you paid for insurance deductibles or increased insurance premiums for insurance policies that include theft coverage as a result of a qualifying theft or qualifying theft attempt, you could receive up to $375.
  • Reimbursement up to $250 for other expenses, like transportation, towing, speeding or red light tickets resulting from a qualifying theft or qualifying theft attempt.
  • Up to $250 combined for lost income and child care expenses from time spent getting the software upgrade.
  • Reimbursement of OEM-issued key fobs purchased at the direction of the Kia or Hyundai dealership — cap of $350 per key fob with a limit of up to two key fobs per eligible vehicle.

'When is it going to stop?': Rochester is desperate for car theft solution. What will work?

How to file a claim, exclude yourself or object to settlement

The only way you can get compensation for your theft-related losses is to submit a claim form, according to Kia and Hyundai's settlement websites.

To file a claim, by Jan. 11, 2025, you can either:

  • Visit kiatheftsettlement.com/submit-claim or hyundaitheftsettlement.com/submit-claim
  • Send your claim in by mail to Kia Theft Settlement or Hyundai Theft Settlement at P.0. Box 6609 East Brunswick, NJ 08816

You will need supporting documentation, such as proof of ownership and documentation of any prior reimbursement, and possibly proof of qualifying theft or qualifying theft attempt; total loss; qualifying loss; or purchase and/or installation of an anti-theft system.

You also have the choice to exclude yourself from the settlement, which means getting no payment, or object to the settlement, both of which need to be completed by May 3, 2024.

When might you see the money?

Payments will be made if the court approves the settlement and after any appeals are resolved. The final approval hearing is July 15, 2024.

Want more information? Visit kiatheftsettlement.com or hyundaitheftsettlement.com, call 844-966-2773 or email [email protected] or [email protected].

Emily Barnes is the New York State Team consumer advocate reporter for the USA TODAY Network. Contact Barnes at [email protected] or on Twitter @byemilybarnes.

This article originally appeared on Rochester Democrat and Chronicle: Kia, Hyundai theft settlement funds coming to New Yorkers: Are you eligible?

Older

Boulder Community Health to start accepting many Kaiser plans

Newer

SBI Life and Tape A Tale Unite for 'Beyond the Boundary': A Cricket Storytelling Event [Business Wire India]

Advisor News

  • Your client’s $3 million portfolio doesn’t tell you their insurance needs
  • How life insurance can provide liquidity for wealthy families
  • Retirement providers turn to digital engagement to retain assets
  • Looking out for clients with diminished mental capacity
  • House panel advances CLEAR Forms Act backed by IRI
More Advisor News

Annuity News

  • What lower interest rates mean to annuity payouts
  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
  • AM Best to Deliver Presentation at 2026 ACLI Annual Conference
  • Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity News

Health/Employee Benefits News

  • Top Workplaces 2026: Benefit winners buck health insurance trends
  • Cayuga County holds off, for now, on retiree health insurance change
  • Conn. can halt Diamantis' pension, but can't revoke his health insurance
  • Idaho lawmakers hope to ensure timely doctor payments, treatment approvals in Medicaid transition
  • Warner calls for low-cost public health coverage Warner calls for low-cost public health coverage
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Life insurance protects dependent loved ones
  • AM Best Affirms Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries
  • Abacus Global Management Completes Landmark $400 Million Securitization
  • New Rules: This bill could help cannabis companies finally get insurance coverage
  • Time to revisit your clients’ life insurance coverage
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.