As I suggested in an earlier post about the Toyota recall, if you own one of the recalled models, you should not wait for the gas pedal to start sticking before having the problem fixed. Millions of Toyota owners are making dealership appointments to have the gas pedal problem fixed, and many owners are considering whether they are due a refund on their car insurance.

National Public Radio recently aired a piece about the potential effect of the massive recall on insurance companies. During the radio news program, NPR spoke to the manager of the NC Rate Bureau. The Rate Bureau is responsible for setting the rates that insurance companies can charge for car insurance. Ray Evans (the general manager of the North Carolina Rate Bureau) suggests that you contact his office if your insurance rates increased after being in an accident or receiving a ticket that you believe was caused by a sticking accelerator pedal.

Making such an appeal to the Rate Bureau could result in a substantial refund from your insurance company. If such an appeal is successful, then your insurance company would look to Toyota to cover the loss of revenue.

You may contact the North Carolina Rate Bureau at (919) 783-9790.