KIA, Hyundai Class Action Settlement 2024 – Check Eligibility Requirements, Amount and Important Dates

Some KIA and Hyundai cars were produced between 2011 and 2022 without an engine immobilizer, a crucial security element that keeps the vehicle from starting without the right key. Due to this issue, there was a serious risk of theft, which increased as a result of how-to videos showing simple ways to get around the ignition system on websites like TikTok. Realizing how serious the problem was, Hyundai and KIA were sued in a class action.

According to KIA, Hyundai Class Action Settlement 2024, the companies increased the risk of theft by failing to equip their cars with engine immobilizers. To compensate impacted owners, the KIA-Hyundai Vehicle Theft Settlement offers a fund ranging from $80 million to $145 million. As per KIA, Hyundai Class Action Settlement 2024 Eligibility, car owners can get a software update to improve vehicle security as well as recompense for losses and costs associated with theft.

KIA, Hyundai Class Action Settlement 2024

A concerning increase in auto theft has been a problem for many Hyundai and Kia automobile owners in the US in recent years. A design defect in some Hyundai and Kia car models that were produced without an engine immobilizer a necessary feature is the cause of the spike in these thefts. By preventing a car from starting without the right key, this gadget makes theft considerably more difficult. Regretfully, without this capability, these vehicles have become prime targets for criminals, particularly when a theft technique was extensively disseminated on social media sites like TikTok.

Therefore, Hyundai and Kia became the targets of a large class-action lawsuit brought in a California federal court. According to the lawsuit, many of the automobiles made by the two businesses between 2011 and 2022 were not equipped with the required anti-theft technology, making their owners susceptible to theft and damage. The agreement offers owners of the impacted automobiles compensation as well as preventive measures. By January 11, 2025, claimants must make sure they filled KIA, Hyundai Class Action Settlement 2024 Claim Form.

Who Is Eligible for the Compensation?

Individuals who own or lease one of the affected automobiles included in the settlement are eligible to receive KIA, Hyundai Class Action Settlement 2024 Amount under it. Guam, Puerto Rico, and the U.S. Virgin Islands are among the U.S. territory where the car must have been bought or leased. The owner or lessee of a vehicle made between 2011 and 2022 that was stolen or engaged in an attempted theft may be able to make a claim.

Up to $300 can be given to owners of cars that aren’t eligible for the software update, like the Hyundai Accent (2011–2017), in exchange for buying and installing an anti-theft device like a glass breakage alarm or steering wheel lock. Vehicles in U.S. territory such as Puerto Rico, the Virgin Islands, and Guam are also eligible for this advantage.

KIA, Hyundai Class Action Settlement 2024 - Check Eligibility Requirements, Amount and Important Dates

Settlement Terms and Benefits

Affected car owners can profit from the settlement in a number of important ways. These benefits are intended to offer relief from vehicle security issues as well as reimbursement for damages resulting from theft. $145 million has been set up as a fund to cover legitimate claims. This money will pay for out-of-pocket charges such as replacing a key fob and other fees associated with theft.

Software Upgrades and Key Fobs

Free software update for qualified models to improve anti-theft vehicle protection. You can qualify for up to $50 in compensation if you bought a steering wheel lock or equivalent anti-theft gadget. This is applicable if you purchased the gadget at least 30 days prior to the software update for your car being available.

How to File a Claim?

  • Browse www.hyundaitheftsettlement.com/submit-claim to file claim form on the official settlement website.
  • Enter your personal information, the specifics of your car, and all supporting papers in the online claim form.
  • Don’t forget to turn in your completed claim online by January 11, 2025.
  • Claims filed after this date might not be taken into account and after submitting claim you can check its status by calling the claims administrator or via official website.

KIA Hyundai Vehicle Theft Settlement -Important Dates

ParticularsYear and dateRemarks
Lawsuit Filed2022launching a class action lawsuit about increased theft risk and missing engine immobilizers.
Pre. Settlement Agreement2023The parties initially decide on the terms of the settlement.
Preliminary Approval by Court2023After the court gives its preliminary permission, class members can start receiving notifications.
Exclusion/Opt-Out and Objection DeadlineMay 3, 2024Class members have a deadline to object to the conditions of the settlement or to exclude themselves
Final Approval HearingJuly 15, 2024A court hearing to review and perhaps approve the settlement in its final form.
Claim Submission DeadlineJanuary 11, 2025The last day on which qualified class members can file claims for compensation.
Claims Processing and DistributionFebruary 2025Claim processing begins, and settlement benefits are then distributed.
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