Spike in Hyundai, Kia thefts scares away Progressive, State Farm

State Farm, Progressive drop future Kia and Hyundai coverage

Two major car insurance companies are dropping some Kia and Hyundai models over concerns about how often those vehicles end up stolen. NBC’s Steven Romo has more on the fallout of the recent move.

Some insurance providers deny coverage of certain Hyundai, Kia models due to theft risk

Hyundai and Kia owners may have a problem finding insurance providers as a result of certain models becoming easy targets for theft.

State Farm, Progressive deny new policies to Kia, Hyundai owners amid rise in thefts

Chicago is one of the cities that has seen a spike in thefts. The Sheriff’s Department has said that videos on TikTok and YouTube show thieves how to start the cars without keys.

Spike in Hyundai, Kia thefts scares away Progressive, State Farm

A recent report found that certain Hyundai and Kia models were nearly twice as likely to be stolen as vehicles from other carmakers. Now, State Farm and Progressive are announcing a temporary stoppage of new policies for certain Hyundais and Kias.

State Farm and Progressive halt coverage for certain KIA and Hyundai vehicles

CHARLOTTE, N.C. (QUEEN CITY NEWS) — Due to a sharp rise in vehicle thefts that target certain KIA and Hyundai vehicles, State Farm and Progressive have put a temporary halt on insurance cover…

Progressive, State Farm refuse to cover certain Hyundai, Kia models due to theft

Progressive and State Farm have stopped offering insurance on vehicles that have been deemed too easy to steal in cities like Denver and St. Louis.