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Because anti-theft measures were ineffective in some KIA models, KIA was hit with a class action lawsuit and later reached a settlement that provides compensation. If you own one of the affected vehicles, remember to file a claim. The deadline is May 3, 2024.
The exact compensation depends on the losses you suffered. For example, if your car was stolen, you may qualify for higher compensation.
- Reimbursement of 60% of Black Book value of the Class Vehicle for the Total Loss of a Class Vehicle due to a Qualifying Theft or Qualifying Theft Attempt.
- Reimbursement of $3,375 or 33% of Black Book value of the Class Vehicle (whichever is greater) for Damage to a Class Vehicle and/or Damaged or Lost Personal Property due to a Qualifying Theft or Qualifying Theft Attempt.
- Reimbursement up to $375 for an Insurance Deductible Paid and/or an Increased Insurance Premium due to a Qualifying Theft or Qualifying Theft Attempt.
- Reimbursement up to $250 for other Out-of-Pocket Expenses due to a Qualifying Theft or Qualifying Theft Attempt.
- Reimbursement up to $250 for Lost Income and/or Childcare Costs in Obtaining the Software Upgrade for a Class Vehicle. NOTE: This is a benefit available only for Class Vehicles that had the Software Upgrade installed.
- Reimbursement Available for Class Vehicles Eligible for the Software Upgrade:
- Reimbursement for a Key Fob Purchase made to receive the Software Upgrade (up to $350 per key fob, limit of 2 per Class Vehicle, if it was purchased at direction of a Hyundai dealership for the installation of the Software Upgrade) .
- Reimbursement up to $50 for the Qualifying Purchase of a Steering Wheel Lock for a Class Vehicle, which was made at least thirty (30) days before the Software Upgrade was available for the Class Vehicle.
- Reimbursement Available for Class Vehicles NOT Eligible for the Software Upgrade:
- Reimbursement up to $300 for the Qualifying Purchase of a Steering Wheel Lock and/or a Glass Breakage Alarm or Similar Anti-Theft System or Another Aftermarket Modification Designed to Deter or Prevent Theft for a Class Vehicle.