re: State Farm declares 105 Kia, Hyundai models ‘ineligible’ for new insurance in Louisiana

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Next is homes

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Already there. Homes and businesses. Some insurers have already stopped insuring property in Louisiana.

If this is the case, banks will no longer lend money on those vehicles…this will render these vehicles almost worthless.

My wife has a 2019 Santa Fe

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I’m sorry I couldn’t make it 10 seconds through that video. Whoever produced/edited must have done so on cocaine.

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I mean - it's a video about stealing cars, so that tracks

I have a 2020 Santa Fe. I installed a kill switch for $30 in parts and took about 20 minutes. It's a manual toggle that is under the dash that I can reach easily. I also have a club that I use when I park in sketchy places or anywhere in Orleans Parish.

Hyundai came out with a retrofit engine immobilizer that has to be installed by the dealer, but it costs about $400 to get it installed.

Hyundai is going to have to start installing the retrofit immobilizer for no cost as their dealers are going to be stuck with used cars that they won't be able to sell if buyers can't get them insured. And that's not even considering the negative PR.

And I just went online to Progressive and they quoted me a price, so it seems that they are still insuring in zip code 70002.

My daughter has a Kia Soul. I'm just hoping they don't raise insurance on it. It's not worth much and I'm not worried about it getting stolen where we live. But I sure don't want to pay more for it.

Mam between this and the Idaho murderer driving a Hyundai they are having some terrible press this year.

So State Farm is no longer providing insurance for those cars and eventually other insurance companies will probably follow suit. If you own one of those models and you are denied insurance does the state have an obligation to provide insurance?

Thugs win and hard working Kia owners lose.