The Hyundai settlement has been the subject of many discussions in the last few years and mostly so among the American car proprietors. You are eligible to receive financial benefits or a free upgrade to an anti-theft software solution in case you bought or leased a Hyundai motor vehicle in 2011-2022 and did not have an engine immobilizer installed. This is the entire breakdown of what is contained in the settlement, and who is eligible to take benefits and how, by the deadline.
What Led to the Hyundai Settlement
The problem started with numerous car thefts receiving incredible coverage on social media platforms, especially the use of videos that demonstrated how easily some Hyundai and Kia cars were able to be stolen with the help of simple equipment. Numerous of these vehicles lacked an engine immobilizer, which is a simple anti-theft tool preventing a vehicle from starting without the right key.
These thefts cost thousands of motorists in the United States personal losses, insurance claims, and destruction of cars. This prompted the majority of owners to sue Hyundai Motor America and affiliated companies through a class action that alleged that the cars were of a faulty nature and dangerous.
Hyundai settled on a class action to compensate and provide security upgrades to the viable owners to prevent expensive legal ramifications.
Who Qualifies for the Hyundai Settlement
You are also eligible to take part in the settlement of Hyundai provided that you owned or leased one of the cars in the United States (including Puerto Rico, U.S. Virgin Islands, and Guam). The settlement is limited to the particular Hyundai models produced between 2011 and 2022, which were not fitted with an engine immobiliser.
The examples of eligible models include:
- Hyundai Elantra (2011-2022)
- Hyundai Sonata (2011-2019)
- Hyundai Tucson (2011-2022)
- Hyundai Santa Fe (2011-2022)
- Hyundai Kona (2018-2022)
- Hyundai Venue (2020-2021)
- And other similar models
In order to verify whether your vehicle is qualitative, you will enter your Vehicle Identification Number (VIN) on the official site of Hyundai Theft Settlement.
Benefits Available Under the Hyundai Settlement
The settlement will offer various benefits depending on the eligibility of your vehicle, as well as any loss that you suffered. These benefits include:
1. Free Software Upgrade
Vehicles eligible will be provided with a free upgrade of anti-theft software to prevent thefts in the method made popular online. The technology makes it impossible to start the car without the key.
The owners of Hyundai can make an appointment in the official dealerships to install the update free of charge.
2. Reimbursement for Anti-Theft Devices
In case your car is not in the software upgrade eligibility, you can be refunded up to $300 in the purchase or installation of anti-theft devices like:
- Steering wheel locks
- Glass breakage alarms
- Other accepted security systems
In case Hyundai already supplied you with a steering wheel lock, it is possible to receive up to 250 dollars when installing another form of anti-theft.
3. Compensation for Theft-Related Losses
Owners who have lost vehicles or property through theft or other damage can be reimbursed:
- Out-of-pocket expenses
- Insurance deductibles (up to $375)
- Little lost earnings, towing, or childcare (up to 250 in total)
- Attention to higher insurance premiums
- Damages to the car or stolen property
These claims cost between $80 million and 145 million in total depending on the number of valid claims made.
Important Deadlines and Next Steps
In order to benefit from the Hyundai settlement, you have to file a claim form till April 28, 2025. Otherwise, you won’t be refunded anything, but you still have the opportunity to upgrade your software to a free version at one of the Hyundai dealerships.
Here are your main options:
- Submit a claim: Register on-line to receive refund or compensation.
- Exclude yourself: Select this in case you intend to sue yourself.
- Object to the settlement: You are allowed to file an objection in case you are dissatisfied with the conditions.
- Do nothing: Avoid getting any payment or benefits (except the free upgrade, if applicable).
Why the Hyundai Settlement Matters
This settlement doesn’t only pay owners but also grounds automakers to enhance the standards of vehicle security. The Hyundai settlement is a very powerful message to be responsible and protect consumers in the auto market.
This is a chance to the aggrieved owners of Hyundai to turn back the losses, as well as prevent future theft. And if you believe your car should qualify then give yourself a couple of minutes now and get your claim in before it is too late.
Final Thoughts
The Hyundai settlement is a great relief to the thousands of vehicle owners who were affected due to the inexistence of anti-theft technology in their vehicles. Your behaviors will help you take advantage of compensation, to enhance the safety of your vehicle, and safeguard your interests.
To get more realistic information on updates related to class actions, always make sure that you refer to official sites so that you do not miss certain steps towards claiming.
You will have the opportunity to transform an unfortunate circumstance into a safer and more secure driving experience in case you are a Hyundai owner.