Archive for November 27th, 2008

Nov 27 2008

Auto Recalls: Chevrolet, Suburban, 2005

Published by Lemon Law under General Articles

Build Dates : April 01, 2004 - September 30, 2004

NHTSA CAMPAIGN ID Number : 05V043000

Date Owner’s Notified: 20050323
Date Received by ODI: 20050208
Date Added to Databse: 20050208

Manufacturer’s Involved: GENERAL MOTORS CORP.
Manufacturer’s Responsible for the Recall: GENERAL MOTORS CORP.
Manufacturer Campaign Number: 05006

Component: SERVICE BRAKES, HYDRAULIC
Potential Number Of Units Affected : 77411

Summary: 

Certain trucks, sport utility vehicles, and vans equipped with bosch hydro-boost brake assemblies, the hydraulic brake booster pressure accumulator may crack and separate from the hydro-boost assembly during normal operating conditions.

Consequence: 

If a separation occurred and the hood of the vehicle were open, fragments from the accumulator could cause injury to people in the immediate area. The presence of this crack or fractured surface could allow the hydraulic fluid to leak from the accumulator circuit of the booster assembly. The loss of fluid would cause increased steering and braking effort and a crash may occur without prior warning.

Remedy: 

Dealers will test the hydro-boost assembly for functional operation of the two-function valve. If the hydro-boost assembly fails the test, dealers will replace the assembly free of charge. The recall began on March 23, 2005.  

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Nov 27 2008

Auto Insurance Options

Published by Lemon Law under General Articles

Automobile insurance is a contract between a policyholder and an insurance company to cover losses arising out of the use and operation of the automobile. Many states require drivers to have automobile insurance. Even if not required, automobile insurance is necessary since the cost of some losses is likely to exceed the net worth of individuals. There are many different types of policies, and policyholders may elect among a number of options when buying automobile insurance.

Automobile insurance considers four primary risks:

physical damage to your automobile or another person’s automobile

liability for physical injuries to other persons

the cost of your medical care if you are injured in an automobile accident

attorney’s fees if you are sued

Automobile insurance may cover each of these risks; the amount of coverage per claim depends on the dollar amount of the policy. Not having automobile insurance exposes you to tremendous financial risks because of the high costs of property, medical care, and lawsuits.

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Nov 27 2008

No-Fault and Fault Systems

Published by Lemon Law under General Articles

Each state has one of two kinds of automobile insurance systems:

no-fault automobile insurance systems

fault automobile insurance systems

No-fault. In states with no fault automobile insurance systems it doesn’t matter who caused the accident. Each insurance company pays for the property damage and medical expenses of its policyholders according to the terms of the policy. If the property damage or medical injury is serious and expensive, the no-fault system may not apply and fault will have to be determined to identify the insurance company that is liable for the loss.

Fault. In states with fault automobile insurance systems, it does matter who caused the accident. Fault is either admitted or proved. Determining fault may involve a lawsuit. The insurance company of the at-fault driver pays the losses of the other driver. The insurance company of the at-fault driver also pays the losses of the at-fault driver according to the terms of the policy.

There are three major types of automobile insurance: collision, liability, and medical expense.

Collision covers property damage to your car caused by an accident. It does not cover the other person’s car.

Liability insurance covers property damage and personal injury to the other driver.

Medical insurance covers the cost of your personal injury. Your health insurance company also may cover the cost of your medical care resulting from an automobile accident.

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