State Farm, Progressive deny new policies to Kia, Hyundai owners amid rise in thefts

A recent rise in thefts of Kia and Hyundai vehicles has led some insurance companies to deny insurance policies for certain of the brands’ models. (Adobe Stock photo)

Owners of certain Kia and Hyundai models are being denied insurance policies by some companies due to a steep rise in thefts of the vehicles.

State Farm said in a statement that it has temporarily stopped accepting new customer applications in some states for certain models made by both brands because thefts have “increased dramatically.”