Reclaim Your Deductible from Toyota

If you filed a claim for an accident involving one of the many vehicles recalled by Toyota you may be receiving even more money back soon. Six major insurance agencies, including State Farm, Allstate, and Geico have filed with Toyota to recoup money paid for these claims.

When an automaker can be found at fault for an accident, insurance companies have the right recoup money from them. In most cases this means that drivers in these claims will be given back their deductible, the money paid before insurance kicks in.

This process can take a long time, but it’s underway. Contact your insurance company if you have been in an accident caused by a recalled Toyota vehicle, though I’m sure if that’s the case you have been in touch quite a bit. We will of course give you more information as we get it.

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[via Insurance Journal]

Published in: on April 22, 2010 at 6:13 pm  Leave a Comment  

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