If you own a Hyundai or Kia car, you must have heard about $200 million settlement in class action against Korean automakers. If not, Hyundai and Kia have been sued for Beat potential security with traditional metal key ignition systems in certain models. The full amount may not be used to compensate the owner, but he is the way to get your share of the $200 million.
According to Hagens Berman, a law firm representing the affected owners, will have up to $145 million available for out-of-pocket damages. The company notes that damages will include “total vehicle damage up to $6,125, vehicle and personal property damage up to $3,375, insurance-related costs and expenses. Other related costs include car rental, taxi costs, carpooling costs or public transit payments if not covered by insurance.”
In order for the vehicle owner to participate in the incident and be eligible for compensation, he must fill out the form on the website Hagens Berman and own a specific Hyundai or Kia model listed below:
- hyundai i10 2008-2021
- hyundai i20 2009-2021
- hyundai i40 2013
- Hyundai Veloster 2010-2021
- hyundai ix20 2016
- 2016 Kia Ceed
- Kia Carens 2014
- Kia Optima 2013-2015
- Kia Soul 2013-2021
- Kia Rio 2011-2017
- Kia Picanto 2011-2021
The settlement will also reimburse owners for the cost of towing and replacing the vehicle if their vehicle is stolen. Owners of a wide range of Hyundai and Kia vehicles are also eligible for a free software update to address vehicles that lack immobilizers. More information will soon be made available to class members through mediation websites.
