Between 2011 and 2022, certain Kia and Hyundai vehicles were built without a critical anti-theft component: the engine immobilizer. This missing feature left these cars especially vulnerable to theft. Engine immobilizers prevent a vehicle from starting without the correct key, and without this security measure, theft rates for these models skyrocketed.
KIA, Hyundai Settlement 2024
The situation worsened when videos on social media platforms like TikTok demonstrated how easily the cars could be stolen. Due to the surge in thefts, a class action lawsuit was filed against both Kia and Hyundai. The lawsuit argued that the lack of engine immobilizers made these vehicles easy targets for theft. The Kia-Hyundai Vehicle Theft Settlement was established to resolve the issue, creating a compensation fund ranging from $80 million to $145 million to assist affected car owners.
Eligibility and Claims Process for the Settlement
Eligibility Criteria
In order to qualify for compensation under the Kia-Hyundai Vehicle Theft Settlement, you must be the owner or lessee of one of the affected models. This settlement applies to residents of the U.S., Puerto Rico, the U.S. Virgin Islands, and Guam. Some of the models impacted are:
- Kia Forte (2011-21)
- Kia Optima (2011-20)
- Kia Soul (2020-22)
- Hyundai Elantra (2011-22)
Steps to Submit a Claim
To participate in the settlement and receive compensation, follow these steps:
- Check Vehicle Eligibility: Visit the official settlement website and enter your Vehicle Identification Number (VIN) to confirm if your car is part of the settlement.
- Gather Required Documents: Collect proof of ownership or lease, documentation of any theft or attempted theft, and receipts for expenses related to the incident (such as repairs or insurance deductibles).
- Complete the Claim Form: You can fill out the form online or request it by mail. Be sure to include all necessary information and attach the supporting documents.
- Submit Your Claim: Once completed, you can either submit the form online or send it by mail to the address provided by the settlement administrators.
Timeline for the Kia-Hyundai Settlement
The settlement follows a clear timeline, with important milestones along the way:
- Lawsuit Filed: The lawsuit regarding missing engine immobilizers was initiated in 2022.
- Preliminary Agreement: By mid-2023, an initial agreement was reached between the parties involved.
- Court Approval: In late 2023, the court gave preliminary approval, prompting notifications to affected vehicle owners.
- Claim Submission Deadline: Eligible vehicle owners must submit their claims by January 11, 2025.
- Compensation Distribution: After January 2025, the process of reviewing claims and distributing benefits will begin.
Compensation and Benefits Available
The settlement provides various forms of compensation and benefits for owners of affected vehicles who have been impacted by theft or attempted theft as a result of the absence of engine immobilizers. Below is a detailed explanation of the compensation options available.
1. Compensation for Theft or Attempted Theft
- If your vehicle was stolen and never recovered, you can receive up to 60% of its Black Book value.
- Owners can receive reimbursements of up to $3,375 (or 33% of the damages) per incident, which includes personal property loss due to theft.
2. Reimbursement for Additional Costs
- Insurance deductibles associated with theft claims can be reimbursed for up to $375.
- Compensation for any increased insurance premiums resulting from theft claims.
- Up to $250 for transportation, towing, or lost wages due to theft-related incidents.
3. Security Upgrades
- Software Upgrades: Free software updates to enhance the vehicle’s anti-theft features.
- Key Fob Reimbursement: Owners can claim up to $350 per key fob (maximum of two) required for the software upgrade.
4. Installation of Anti-Theft Devices
- If you purchased an anti-theft device (such as a steering wheel lock) before the software upgrade became available, you are eligible for reimbursement of up to $300. If Kia provided you with a steering wheel lock, reimbursements for other devices are capped at $250.
Conclusion
The Kia-Hyundai Vehicle Theft Settlement offers vital support to owners of vehicles made vulnerable by the absence of engine immobilizers. The settlement provides immediate financial relief and long-term improvements in vehicle safety through compensation for theft-related losses, reimbursement for added costs, and vehicle security upgrades. If you are eligible, this settlement is a valuable opportunity to receive compensation and enhance your vehicle’s protection against theft.
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