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RSIG Risk Alert – Kia and Hyundai Vehicles

RSIG Risk Alert – Kia and Hyundai Vehicles

Kia and Hyundai vehicles are in the news lately, but not necessarily for the best reasons.  Several insurance providers (personal auto) are saying that due to the ease with which certain model years can be stolen, that they will no longer insure them as personal vehicles.  As the theft rates of these vehicles increased, the trend garnered attention on social media in the form of another ill-fated TikTok challenge:

“The incidents follow a national TikTok trend of teenagers stealing Kia and Hyundai vehicles with just a phone charging cord. The thieves break into the car, pop off the steering wheel column and hot wire the vehicle using a USB cable, CNBC reports. The young thieves then “post videos stealing and driving the cars on social media using the hashtag “Kia Boys” — which has more than 33 million views on TikTok,” according to CNBC.”

RSIG Risk Alert – Kia and Hyundai VehiclesWe bring this to your attention because according to one of the articles, dealerships are experiencing thefts as well as your everyday car owner. So, your storage lot or potentially even your camera cars if you’re using certain Kia or Hyundai model years could also be potential targets.  When something like this comes up, it is a good opportunity to review your security measures, check your fences for any damage that would allow easy access, and check your lights and security systems.  Consider storing vehicles that are targeted for any reason in a way to make it more difficult for a thief to take them.  Don’t let a phone charging cord and would be thieves cost you deductible dollars!

Related Stories; 

TikTok Kia theft challenge comes to Woodbridge; fleeing car thieves and violence ensue 

TikTok challenge spurs rise in thefts of Kia, Hyundai cars

Hyundais, Kias are easy targets amid boom in vehicle thefts 

Insurers Leery of Hyundais and Kias Famous on Social Media for Being Easy to Steal

 

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About the Recovery Specialist Insurance Group

RSIG has been supporting professional repossessors for over 3 decades. In evaluating the needs of the industry and understanding the industry from both a repossessors and insurance provider’s point of view, we are able to meet those needs and offer exceptional product and services that are un-matched.

RSIG is also the most respected and recognized group of repossessors in the industry today. We earn that respect by maintaining a positive professional reputation with lenders nationwide and by fulfilling the needs of the industry.

RSIG is the industry’s Trusted Source for repossession insurance, repossession assignment management and repossession education & training.

RSIG Risk Alert – Kia and Hyundai Vehicles – Recovery Specialist Insurance GroupRSIG – RepossessRepossessionRepossession Agency

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