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Crashes are such an outsized component of insurance coverage compared to theft that this would not be a substantial motivation for manufacturers.
by elif 3y ago
Crashes are such an outsized component of insurance coverage compared to theft that this would not be a substantial motivation for manufacturers.
- shagie 3y agoFrom this month a year ago - State Farm declares 105 Kia, Hyundai models ‘ineligible’ for new insurance in Louisiana - https://www.nola.com/news/crime_police/kia-hyundai-models-ineligible-insurance-louisiana-state-farm-list/article_55fae098-a30d-11ed-afaa-5faa28983298.html https://www.nola.com/news/crime_police/kia-hyundai-models-in... ( https://news.ycombinator.com/item?id=34642224 https://news.ycombinator.com/item?id=34642224 40 points | Feb 3, 2023 | 90 comments ) Which then - Dealers still sell Hyundais and Kias vulnerable to theft, but insurance is hard to get https://www.npr.org/2023/05/04/1173048646/hyundai-kia-car-theft-tiktok-insurance-dealerships https://www.npr.org/2023/05/04/1173048646/hyundai-kia-car-th... And in October - Wheels Of Steal: Some Kias, Hyundais Easy To Hotwire; Owners Sue Carmakers, Get $200 Million https://www.forbes.com/advisor/car-insurance/kia-hyundai-antitheft-settlement/ https://www.forbes.com/advisor/car-insurance/kia-hyundai-ant... The Challenges of Insuring a Kia or Hyundai in 2024 - https://www.marketwatch.com/guides/insurance-services/insuring-your-kia-or-hyundai/ https://www.marketwatch.com/guides/insurance-services/insuri... --- I suspect that this has lead to Kia and Hyundai taking note of insurance rates and changing things.