A $145 million class action settlement has been approved for Kia owners whose vehicles were vulnerable to theft due to the lack of standard anti-theft immobilizers. Consumers can now file claims for reimbursement, ranging from $250 to up to 60% of their vehicle's black book value, depending on the circumstances. The settlement follows a long legal process and comes after Kia issued a software upgrade that reduced theft rates by over 50%.
A TikTok challenge brought attention to the issue that some Kia cars could be stolen without a key, and insurers saying enough is enough. Now, impacted vehicle owners can file a claim as part of a class action lawsuit.The vehicle issue came about because certain 2015-2021 Kia models were not equipped with anti-theft electronic immobilizers standard in most other cars. Owners, manufacturers, and some states Attorneys General called on the automaker to do more to stop the thefts.
However, consumers who already had full coverage and were not looking at getting a new policy were often able to keep it, but at an increased cost.But now, after a long legal process, a federal district court in California granted final approval of a $145 million settlement agreed to by the automaker to end claims they sold vehicles with defects that left them vulnerable to damage and theft.The settlement includes millions of dollars to compensate impacted drivers.
Kia Theft Settlement Class Action Anti-Theft Immobilizer Insurance
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