State Farm auto insurance coverage Archives

State Farm and Progressive refuse auto insurance coverage for Hyundai and Kia vehicles

January 27, 2023January 25, 2023 Logan B.

Some of the vehicles from those South Korean automakers are simply too easy to steal. Hyundai and Kia vehicles that use physical ignition keys are so easy to steal – needing nothing more specialized than a USB cable – that major US auto insurance companies have started to refuse to cover them. So far, this appears to be a trend isolated to Columbus and Denver, Ohio, but it is spreading. Progressive released a media statement in which it confirmed that it would not be issuing new auto insurance policies to…

State Farm auto insurance claims show catalytic converter thefts continue rising

October 6, 2022October 5, 2022 Nordstrom

Auto insurance claims - Person under car

The insurer recently issued a release pointing to a 400 percent rise in these thefts since 2019. State Farm has released an update to a previous report it has made regarding recent trends in auto insurance claims having to do with catalytic converter thefts. The trend, though already bad in the last report, has only managed to worsen across the country. The auto insurance claims data from one of the largest car insurers in the country showed that from July 2021 to June 2022, thefts in catalytic converters rose by…