Seven insurance companies have filed lawsuits against Toyota Motor Corp. According to various news outlets, the companies are looking to get back some of the money they paid out in crashes they say were caused by sudden acceleration. According to the LA Times, the seven companies involved in the lawsuit are:

* American Automobile Insurance Co.

* Fireman’s Fund Insurance

* National Surety Corp.

* Ameriprise Insurance

* IDS Property Casualty Insurance

* Motorists Mutual Insurance

* American Hardware Mutual Insurance

The companies are looking to be refunded more than $230,000 for 14 crashes that happened across the US. The insurance companies say Toyota did not install an override system in its cars that would cancel out the sudden acceleration system. If installed, an override system would have pushed the car into an idle when the brake and gas were engaged at the same time. The insurance companies say there were 725 crashes caused by sudden acceleration.

Toyota says the claims are false and their product is not faulty. “We look forward to the time when they are compelled to specify exactly what is defective, backed up by scientifically reliable proof rather than speculation,” Toyota spokesman Mike Michels told the LA Times.

If you (or your spouse if you are married) are presently serving your country in the Air Force, Army, Navy, Marines, Army Reserve or National Guard, there is a chance that you may be eligible for a discount on your automobile insurance, depending on the company who provides your policy. Anyone who is currently on active duty should find out from their insurance agent if by chance they have any kind of discount program in place for men and women who are in the military.

Everyone wants to save money on his or her home insurance and get the lowest rate possible. But when some people hear the word “cheap” in relation to home insurance, they think it must be some kind of low value insurance that wouldn’t pay very much, or a type of home insurance that does not cover very many things.

Cheap home insurance simply means that the cost is reduced. Can you get good quality insurance that gives you good coverage at a reduced rate? Yes, you can! You can save money on your home insurance and still have a policy that will protect the investment you have in your home.