KIA and Hyundai companies have faced class action suits from customers who buy cars without any engine immobilizer. That leads to car theft. The KIA and Hyundai companies have made some cars from the time of 2011 to 2022 that do not have any engine immobilizer.
The engine immobilizer does the job of theft of the car by not allowing it to start the car without its original key. As people do not get engine immobilizers in their cars, their cars are stolen by others. Some people have to buy additional security measures to protect their cars from theft. So, the customer who suffered losses has filed class action suits against the KIA and Hyundai company.
There are many videos on the social media platform that show the simple steps to steal the car. The companies has come to an agreement named KIA-Hyundai Vehicle Theft Settlement. The companies will provide the amount of $80 million to$145 million to all of the affected people from the absence of engine immobilizer in the cars. Let’s check the complete facts of the settlement below.
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KIA-Hyundai Vehicle Theft Settlement: Eligibility Criteria
KIA and Hyundai companies have given the list of cars that have been manufactured with engine immobilizers below. If a person has bought one such car, he is eligible to apply for the claim in the US. The region of Puerto Rico, the Virgin Islands, and Guam will also be covered under the claim.
|
Company
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Car Model
|
Manufacturing Year
|
|
KIA Company
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Forte model
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Between 2011 to 2022
|
|
KIA Company
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K5 model
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Between 2021 to 2022
|
|
KIA Company
|
Optima model
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Between 2011 to 2022
|
|
KIA Company
|
Rio model
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Between 2012 to 2022
|
|
KIA Company
|
Sedona model
|
Between 2011 to 2022
|
|
KIA Company
|
Seltos model
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Between 2021 to 2022
|
|
KIA Company
|
Sorento model
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Between 2011 to 2022
|
|
KIA Company
|
Soul model
|
Between 2020 to 2022
|
|
KIA Company
|
Sportage model
|
Between 2011 to 2022
|
How to apply for KIA-Hyundai Vehicle Theft Settlement Claim
The person who thinks they are eligible for the claim should consider the below steps.
- The claim will be given to the people who have cars from the above list.
- Then, open the official website of the KIA company.
- Enter the VIN, it is Vehicle Identification Number.
- The person needs to fill out the claim form.
- In the claim form mention the car ownership details, theft details, etc.
- If you have documents in support of the above, submit those documents.
- Submit the claim form.
Timeline: KIA Hyundai Vehicle Theft Settlement
| Event Name | Date of the Event | Information |
|---|---|---|
| Lawsuit Filed by Customers | in 2022 |
A suit is filled specifying that the engine immobilizer is missing which increases the theft risk. |
| Pre-Settlement Agreement | In Mid of 2023 | The customers and KIA company agree on some terms. |
| Pre-Approval by Court | In Late of 2023 | The pre-settlement agreement is approved by the court. |
| Objection Last Date | 03/05/2024 | If a customer wants to object pre-settlement agreement, he can do that before this date. |
| Final Approval Hearing Date | 15/07/2024 | The settlement is finally approved by the court. |
| Claim Submission Last Date | 11/01/2025 | Submit the claim form. |
| Claims Distribution | Post of January 2025 | The company will start transferring the claim amount to the eligible people. |
Compensation Details
The companies have been agreeing on several terms for providing claims to eligible customers. The types of claims are also different for different kinds of losses, check here.
Compensation for Theft or Attempted Theft
- The customer whose car is stolen will be provided with 60% of the amount of the car.
- The people whose car is damaged due to the theft attempt will be provided with compensation. The company will check the percentage of damage if the damage is more than 33%, the company will pay the amount.
Reimbursements for Additional Expenses
- The company will provide the $375 as an insurance amount.
- The company will also pay for the increased premiums.
- The customers will be given an amount of $250 as the transportation expense.
- The company will furnish an amount of $250 for the time spent during the car theft.
Software Upgrades and Key Fobs
- The customers will get free software updates for the company.
- The customer also gets an amount of $350 for the one key fob and they can claim a maximum of 2 key fob.
Anti-Theft Device Installation
The customers who have installed the device like anti-theft to avoid any robbery of the car, will be given an amount of $300.