The Implications of the Toyota Vehicle Recall
Toyota Motor Corp. has announced a recall of 1.75 million vehicles worldwide due to flaws in the fuel and braking systems. Already under supervision in the U.S., Toyota had to recall 10 models, including the Toyota Auris compact hatchback and the Lexus IS, GS, and LS luxury sedans.
While the company said that they were unaware of any crashes, injuries, fatalities, or fires resulting from the defects, it was essential for Toyota to recall these models in order to keep control before any serious accidents. We have seen multiple recalls in recent years, with Toyota recalling over 10 million vehicles in 2009 and 2010 due to defects involving unintended acceleration, and General Motors Co. calling back 30 million cars and trucks in North America this year. This year alone, Toyota has recalled about 5.3 million vehicles and has had to pay over a billion dollars in settlements over the past few years.
So what does all this mean for you? Whether you’re an individual buying a personal car or an employer buying a company car, you need to make sure that you’re protected. While insurance may not help prevent injury, this is a reminder that driving can be dangerous and without protection, you could be at risk. No one wants to deal with the hassles of being under-insured after an accident, so make sure that you’re protected. Everyone has different budges and different needs when it comes to car insurance, so it’s important to seek help to ensure that you can make an informed decision on which plan is best for you.
To learn more about personal and business insurance, call the experts at Avante at 305-648-7070. We can help you find the insurance you need that best fits your budgets and specific needs. For more information about auto insurance or for help choosing an auto insurance policy, click here.