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Hyundai and KIA Class Action Settlement 2024 – Claim your share now Refund up to $3,375

A class action lawsuit led to a $80-$145 million fund to compensate affected KIA and Hyundai owners.

by Melannie Madriz
29/11/2024 17:00
in Shopping
Kia - Hyundai Class Action Settlement

Kia - Hyundai Class Action Settlement

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Between 2011 and 2022, certain KIA and Hyundai models were manufactured without an engine immobilizer, a key feature that prevents the car from starting without the correct key. This omitted detail resulted in a significant vulnerability and an increase in thefts, fueled by videos on platforms such as TikTok that taught methods to bypass the ignition system.

Recognizing the seriousness of the problem, a class action lawsuit was filed against Hyundai and KIA, arguing that they did not include engine immobilizers in their vehicles, thus increasing the risk of theft. The vehicle theft settlement between KIA and Hyundai establishes a fund of between $80 million and $145 million to compensate affected owners, who can receive reimbursements for losses and a software update to improve vehicle security.

How Do I Know if I Am Eligible for the Claim and What the Claim Is? Kia and Hyundai Vehicle Theft Claim Process.

To be eligible for the KIA – Hyundai vehicle theft settlement, you must have purchased or leased one of the specified models within the United States, including but not limited to Puerto Rico, the United States Virgin Islands, and Guam models with damages are.

  • Kia Forte (2011-2021)
  • Kia K5 (2021-2022)
  • Kia Optima (2011-2020)
  • KIA Rio (2012-2021)
  • Kia Sedona (2011-2021)
  • Kia Seltos (2021-2022)
  • Kia Sorento (2011-2022)
  • Kia Soul (2020-2022)
  • Kia Sportage (2011-2022)

For the process of filing claims for Hyundai and KIA cards and filing a claim under the agreement, here are the steps to follow. 

  • Validate vehicle eligibility by entering the official website of the agreement and there enter the vehicle’s (VIN) number to confirm if your vehicle is such a vehicle.
  • Gather required documentation: Proof of ownership or lease.
    • Documentation of any incident of theft or attempted theft, if applicable.
    • Receipts or invoices for any out-of-pocket expenses related to attempted theft, including insurance deductibles and replacement costs for stolen items.
    • Complete the claim form: Access the claim form on the settlement website or request a paper form from the claim’s administrator. Please complete the form accurately and provide all required information and documentation.
    • Submit Claim Form: You can submit your completed claim form online through the settlement website or by mail to the designated address.

KIA Hyundai Vehicle theft Resolution Schedule

Lawsuit filed 2022 Filing a class action lawsuit for missing engine immobilizers and increased risk of theft.
Preliminary settlement agreement Mid-2023 The parties reach an initial agreement on the terms of the agreement.
Preliminary approval by the Court End of 2023 The court grants preliminary approval, allowing notification to class members to begin.
Opt-Out/Opt-Out Deadline and Objection May 3, 2024 Deadline for class members to opt out or object to the terms of the settlement.
Final approval hearing July 15, 2024 Court hearing to consider and potentially grant final approval of the agreement.
Deadline to make the claim January 11, 2025 The final date for eligible class members to file compensation claims.
Claims Processing and Distribution After January 2025 Beginning of claims processing and subsequent distribution of settlement benefits.

The KIA-Hyundai Vehicle Theft Settlement compensation covers the financial impacts suffered by owners and lessees due to the lack of an engine immobilizer, which facilitated the theft of the vehicles. Includes refunds for losses and security software upgrades for those affected.

Lake Compensation for Theft or Attempted Theft Will Be as Follows.

  • If the vehicle is completely lost due to theft, up to 60% of its value will be reimbursed, according to the Black Book.
  • Up to the higher amount of $3,375 or 33% of the costs of damages caused by each incident of theft or attempted theft, this also covers the value of personal property stolen or damaged during the incidents.
Tags: Class action

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