As Hyundai and Kia deal with an ongoing issue related to some of their older model cars, some who drive cars made by the two companies are experiencing some issues when it comes to insurance.
Already, several auto insurers are refusing to cover some of the two car brand's models, after they were deemed ‘'too easy to break into.' Meanwhile, some drivers, like Tiffany Appel, are seeing rate increases.
"They said based on the vehicle information provided, we are unable to provide your customer a policy at this time due to high theft rates for one or more of your vehicle year make and model," said Appel. , owns a large stake in Kia, and they share a lot of their engineering. According to the Highway Loss Data Institute, 2015 to 2019 Hyundai and Kia cars and SUVs were twice as likely to be stolen than other vehicles of the same age.
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