Philippine Updates & Commentary. Write me your comments and I will post it here.
Sunday, February 28, 2010
Recalls & Recalls
With Toyota’s massive recall due to sticky pedals, bad floor mats and etc, car car insurance companies covering Toyotas should be very relieved. With the possibility of body bags piling up because of sudden accelerations, insurance claims from all risk policies can easily run into billions of dollars. It’s not only Toyota that had made recalls. Most major brands have done so over the years and before those recalls, insurance companies have bled unjustly.