A Large Insurer Warns of Recall Limitations
July, 2014
A large insurer looks at the problems of crash victims in recalls — from the viewpoint of money — not safety.
“Even when a serious car recall impacts your vehicle, there’s a 70% chance you won’t hear about it. In general, the auto manufacturers make a good effort to reach all owners of these vehicles. But sometimes a good effort just isn’t enough. People who moved, changed their phone number or simply bought their car from someone other than a major dealership may not be reachable during an active car recall. For these reasons, manufacturers typically only reach about 30% of car owners affected by a car recall.
This translates into a high risk for accidents—and it’s not just the drivers of recalled cars that are at risk. Other drivers on the road could be victims of an accident involving a car that has been recalled. As a driver of a car that has an active recall, it’s important to be properly insured to make sure that you are covered and have both collision coverage and liability coverage.”
The message: What you don’t know may cost you money. Buy insurance it may save you money.
Source: http://www.prweb.com/releases/2014/07/prweb12007868.htm
“ABOUT COMPARENOW.COM Comparenow.com is a limited liability corporation headquartered in Richmond, VA. Majority owned by the Admiral Group plc, the UK’s second largest auto insurer and a member of the FTSE 100,comparenow.com offers car insurance comparison services for US consumers.”
But what about your life and the lives of others?
Imagine the world as it was when insurers and consumer groups worked together in the 1980’s to get airbags into cars.
Imagine the America of 30 years and more than 1 million crash victims’ lives ago. At that time, insurers and consumer groups joined forces to overturn the Reagan Administration’s NHTSA rescission of the airbag rule. At the time when America had a Supreme court that voted 9 to 0 to find the Reagan rescission wrong and wrote that the auto industry had ”waged the regulatory equivalent of war against air bags for a decade.’‘
See http://www.nytimes.com/1984/10/29/business/the-air-bag-goes-to-court.html
Besides the loss of 1 million American lives to crash injuries and about 4 million serious crash injuries since then — What has happened in the industry’s continued war against auto safety? And against America?
Lou
