Gerry Kennedy, an insurance broker, thinks insurance rates for everyone will go up to offset the cost of stolen Hyundais and Kias.

COLUMBUS, Ohio – Auto insurance rates could rise as Hyundais and Kias continue to be stolen in central Ohio.

According to statistics from the Columbus Police Division, 273 Hyundais and 224 Kias were stolen between January 1, 2021 and October 15, 2021. During the same period this year, 1,497 Hyundais and 1,243 Kias were stolen. been stolen.

CrimeTracker 10 reports year-to-date Hyundai and Kia thefts. Cars are targeted because they are easy to steal, police say. Base models have a key and lack an anti-theft component which Kia says has been added to its newer models.

Gerry Kennedy, an insurance broker, thinks insurance rates for everyone will go up to offset the cost of stolen Hyundais and Kias.

“Will prices increase as data arrives? Definitely yes. New risks require new premiums. Will it get harder? It depends on the magnitude and severity,” Kennedy said.

Gladys Young, who lives on the west side of town, had her 2020 Hyundai Elantra stolen twice in four months. Once on July 27 and again on October 25. His car had only been back from the store after the first theft for a month before it was stolen again.

Young’s adjuster hasn’t told her how the latest theft will affect her bottom line, but she’s not letting it affect her job or her attitude.

“I’m going to fight until the end until something is done because it doesn’t make sense that hard working people here are trying to keep a car running to go to work or to a meeting. you to the doctor or something and then the kids come and steal her,” Young says.

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