The KIA-Hyundai Vehicle Theft Settlement is a pivotal response to a widespread security issue affecting certain vehicle models manufactured between 2011 and 2022. These vehicles were built without an engine immobilizer, a critical security feature designed to prevent unauthorized ignition. The omission led to a significant vulnerability, making these vehicles prime targets for theft. The issue gained widespread attention due to viral social media content demonstrating how easily the ignition systems could be bypassed.
This vulnerability caused a surge in vehicle theft rates, leaving many owners to deal with financial losses, higher insurance premiums, and personal inconveniences. In response, a class action lawsuit was filed against KIA and Hyundai, alleging negligence in the design and manufacturing of the affected vehicles. The lawsuit ultimately resulted in a settlement agreement, offering financial compensation and security upgrades to affected owners and lessees.
The settlement establishes a fund between $80 million and $145 million, aimed at reimbursing theft-related losses, providing security upgrades, and compensating for other expenses incurred due to theft attempts. This article explores the details of the settlement, including eligibility criteria, claim procedures, compensation amounts, and critical deadlines.
Who Qualifies for the KIA Hyundai Vehicle Theft Settlement
To qualify for compensation under this settlement, your vehicle must be one of the following KIA or Hyundai models sold or leased between 2011 and 2022. Here’s a comprehensive list:
| Manufacturer | Model | Model Years |
|---|---|---|
| KIA | Forte | 2011-2021 |
| K5 | 2021-2022 | |
| Optima | 2011-2020 | |
| Rio | 2012-2021 | |
| Sedona | 2011-2021 | |
| Seltos | 2021-2022 | |
| Sorento | 2011-2022 | |
| Soul | 2020-2022 | |
| Sportage | 2011-2022 |
The settlement applies to vehicles purchased or leased within the United States, including Puerto Rico, the U.S. Virgin Islands, and Guam. If your vehicle matches the criteria, you are eligible to file a claim.
Steps to File Your Claim
The process for filing a claim is straightforward but requires attention to detail. Eligible participants must follow these steps:
- Visit the settlement website and input your Vehicle Identification Number (VIN) to confirm eligibility.
- Prepare Required Documentation such as Proof of ownership or lease, Documentation of theft or attempted theft incidents, and Receipts for expenses incurred due to theft attempts, such as insurance deductibles, towing fees, and replacement costs.
- The claim form is available online or can be requested as a physical copy. Complete the form with accurate details and attach all necessary documentation.
- Claims can be submitted online via the settlement website or mailed to the designated address provided in the settlement details.
Ensure that all submitted documents are clear and legible. Incomplete or inaccurate claim forms may result in delays or rejection of claims. Double-check your VIN and personal details before submission.
Compensation Breakdown: What You Can Expect
Financial Reimbursements for Theft Losses
The settlement provides various forms of compensation to address theft-related losses:
- Vehicle Loss Compensation: If your vehicle is stolen and unrecovered, you can claim up to 60% of its Black Book value.
- Damage Reimbursements: For each theft or attempted theft incident, you can receive up to $3,375 or 33% of the damage costs, including stolen or damaged personal property.
Coverage for Additional Expenses
In addition to theft-related losses, the settlement offers reimbursements for:
- Insurance Deductibles: Up to $375 per incident.
- Increased Insurance Premiums: Reimbursement for premium hikes due to theft claims.
- Other Expenses:
- Transportation and towing costs: Up to $250.
- Lost income or childcare expenses due to theft-related disruptions: Combined maximum of $250.
Security Enhancements for Eligible Vehicles
To mitigate future risks, the settlement provides:
- Free Software Upgrades: Enhanced anti-theft software for eligible models.
- Key Fob Reimbursement: Up to $350 per OEM-issued key fob (maximum two per vehicle).
- Anti-Theft Device Reimbursement: For steering wheel locks, alarms, or similar devices, up to $300 per vehicle for pre-software upgrade purchases.
Timeline and Key Deadlines
The following timeline highlights crucial dates for class members:
| Event | Date | Description |
|---|---|---|
| Lawsuit Filed | 2022 | Initiation of the class action lawsuit regarding theft vulnerabilities. |
| Preliminary Settlement Agreement | Mid-2023 | Settlement agreement reached between KIA, Hyundai, and class members. |
| Preliminary Approval by Court | Late 2023 | Court grants preliminary approval for the settlement. |
| Exclusion/Objection Deadline | May 3, 2024 | Deadline for class members to opt out or object to settlement terms. |
| Final Approval Hearing | July 15, 2024 | Court hearing to finalize settlement approval. |
| Claim Submission Deadline | January 11, 2025 | Last date to submit claims for compensation. |
| Claims Processing Begins | Post-January 2025 | Start of processing and distribution of settlement benefits. |
Missing deadlines can disqualify eligible class members from receiving benefits. Make note of the claim submission deadline and ensure all documents are prepared well in advance.
Important Considerations
This settlement provides more than just monetary compensation—it offers peace of mind to vehicle owners by addressing both past losses and future risks. The inclusion of software upgrades and reimbursement for anti-theft devices is a proactive step toward preventing similar issues in the future.
Participants are encouraged to visit the official settlement website regularly for updates. Any changes to the timeline or additional benefits will be communicated through the website and official notices.
The KIA-Hyundai Vehicle Theft Settlement is a significant legal resolution aimed at addressing the challenges faced by affected vehicle owners. With a comprehensive compensation package, free security upgrades, and clearly outlined claim procedures, this settlement ensures fair redressal for those impacted.
Eligible vehicle owners and lessees should act promptly to verify eligibility, gather required documentation, and submit claims before the January 11, 2025, deadline. By participating, you can secure compensation for theft-related losses and benefit from enhanced vehicle security.