Takata Airbag Settlement: The Authoritative Consumer Guide

Introduction to the Takata Airbag Settlement

Call us today if you were injured by a defective Takata airbag about the Takata Airbag Settlement

The Takata airbag crisis has been one of the largest and most complex automotive recalls in history, affecting millions of vehicles worldwide. This crisis has resulted in numerous injuries and even fatalities due to the defective design of Takata's airbag inflators. In response to this crisis, a comprehensive settlement has been reached to provide compensation and relief to affected consumers. In this authoritative guide, we will explore the details of the Takata airbag settlement, including eligibility, the claims process, and the available compensation and benefits.​

​If you or a loved one have been injured by a defective Takata airbag, you have the right to pursue compensation for your injuries and should call Timothy L. Miles today for a free case evaluation as you may be entitled to substantial compensation from airbag injury settlements. (855) 846-6529 or [email protected], 24/7 and no charge, of course.

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Understanding the Takata Airbag Recall

​The Takata airbag recall was initiated due to a critical flaw in the design of the airbag inflators. These inflators were prone to rupturing, causing the airbag to explode with excessive force and sending shrapnel flying towards the vehicle's occupants. This defect was caused by the use of an unstable propellant, ammonium nitrate, which can become unstable over time, especially in hot and humid environments.

The Takata airbag recall has grown to become the largest and most complex automotive recall in history, with over 67 million airbag inflators recalled in the United States alone. The recall has affected vehicles from various manufacturers, including Honda, Toyota, Ford, Chevrolet, and many others.

The Dangers of Defective Takata Airbags

Defective Takata airbags are very dangerous, if you are injured call Timothy L. Miles today

The consequences of the Takata airbag defect have been devastating. Ruptured airbags have caused numerous injuries, including severe lacerations, blunt trauma, and even death. The shrapnel from the exploding airbags has been known to cause life-threatening injuries, and the force of the explosion can also lead to serious injuries, such as broken bones and internal organ damage.
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The risk of injury is particularly high in older vehicles, where the airbag inflators have had more time to degrade and become unstable. Consumers who own vehicles with Takata airbags are urged to have their vehicles inspected and the airbags replaced as soon as possible to ensure their safety.

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The Takata Airbag Settlement Explained

​In response to the Takata airbag crisis, a comprehensive settlement has been reached to provide compensation and relief to affected consumers. The Takata airbag settlement is a complex and multifaceted agreement that involves multiple stakeholders, including vehicle manufacturers, Takata Corporation, and the U.S. Department of Justice. The key components of the Takata airbag settlement include:

1. Compensation Fund: A $1.2 billion compensation fund has been established to provide payments to individuals who have been injured or killed as a result of the defective Takata airbags.
2. Rental Car and Loaner Program: Affected vehicle owners are eligible to receive rental cars or loaner vehicles while their vehicles are being repaired as part of the recall.
3. Reimbursement for Rental Cars and Towing: Consumers who have already incurred expenses for rental cars or towing due to the Takata airbag recall may be eligible for reimbursement.
4. Residual Value Payments: Owners of vehicles with unrepaired Takata airbags may be eligible for residual value payments if they choose to sell their vehicles.
5. Outreach and Education: The settlement includes funding for extensive outreach and education efforts to inform consumers about the Takata airbag recall and the available remedies.

Eligibility for the Takata Airbag Settlement

To be eligible for the Takata airbag settlement, you must meet the following criteria:

• Vehicle Ownership: You must be the current or former owner or lessee of a vehicle equipped with a defective Takata airbag inflator.
• Recall Participation: Your vehicle must have been subject to the Takata airbag recall and the airbag inflator must have been replaced or is scheduled to be replaced.
• Injury or Damage: You must have suffered personal injury or property damage as a result of thedefective Takata airbag.
• Claim Deadline: Your claim must be filed by the applicable deadlines, which vary depending on the type of claim.

It is important to note that the eligibility requirements and claim deadlines may be subject to change, so it's recommended to regularly check the official settlement website for the most up-to-date information.

How to File a Claim in the Takata Airbag Settlement

The process of filing a claim in the Takata airbag settlement can be complex, but the settlement administrators have made efforts to simplify the process as much as possible. Here are the general steps to follow:

1. Gather Necessary Documentation: Collect all relevant documentation, such as proof of vehicle ownership, repair records, medical bills, and any other evidence of your claim.
2. Register on the Settlement Website: Visit the official Takata airbag settlement website and register to create an account.
3. Submit Your Claim: Follow the online instructions to submit your claim, including providing the required documentation and information.
4. Track Your Claim Status: Once your claim is submitted, you can track its status through your account on the settlement website.
5. Respond to Any Requests for Additional Information: The settlement administrators may request additional information or documentation to process your claim, so be prepared to respond promptly.

It is important to note that the claims process can take several months to complete, so be patient and stay in communication with the settlement administrators.

Hiring a Takata Airbag Lawyer

If you were injured by a defective Takata airbag, call us today for a free case evaluation

​While it is not mandatory to hire a lawyer to file a claim in the Takata airbag settlement, it may be beneficial to do so, especially if you have suffered significant injuries or damages. A Takata airbag lawyer can help you navigate the complex claims process, ensure that you are maximizing your compensation, and represent your interests in any disputes or appeals.

When choosing a Takata airbag lawyer, look for someone with experience in automotive product liability and class-action lawsuits. They should be familiar with the details of the Takata airbag settlement and have a track record of successfully representing clients in similar cases.

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Compensation and Benefits in the Takata Airbag Settlement

​The Takata airbag settlement provides a range of compensation and benefits to eligible consumers, including:

1. Injury Compensation: Individuals who have suffered personal injuries as a result of a defective Takata airbag may be eligible for compensation, including for medical expenses, lost wages, and pain and suffering.
2. Death Compensation: Families of individuals who have been killed due to a defective Takata airbag may be eligible for compensation for wrongful death.
3. Property Damage Compensation: Consumers who have suffered property damage, such as damage to their vehicle, may be eligible for compensation.
4. Rental Car and Loaner Vehicles: Affected vehicle owners can receive rental cars or loaner vehicles while their vehicles are being repaired as part of the recall.
5. Reimbursement for Rental Cars and Towing: Consumers who have already incurred expenses for rental cars or towing due to the Takata airbag recall may be eligible for reimbursement.
6. Residual Value Payments: Owners of vehicles with unrepaired Takata airbags may be eligible for residual value payments if they choose to sell their vehicles.

The specific amount of compensation and the eligibility criteria can vary depending on the nature and extent of the claim, so it's important to review the settlement details carefully and consult with a Takata airbag lawyer if necessary.

Conclusion: Ensuring Safety and Justice

The Takata airbag crisis has been a devastating and complex issue that has affected millions of consumers worldwide. However, the Takata airbag settlement represents a significant step towards providing compensation and relief to those who have been affected.

By understanding the details of the settlement, eligibility requirements, and the claims process, you can ensure that you are able to access the compensation and benefits to which you are entitled. Additionally, by working with a Takata airbag lawyer, you can maximize your chances of a successful claim and ensure that your interests are properly represented.

Remember, your safety and the safety of your loved ones should always be the top priority. By taking action and participating in the Takata airbag settlement, you can help to ensure that justice is served and that the necessary steps are taken to prevent such a crisis from happening again in the future.

call a Takata airbag lawyer today about the Takata Airbag Settlement if you were injured by a defective Takata airbag

​​​​​​​​​​​​​​​​​​​If you or a loved one were injured by a defective Takata airbag, contact Takata airbag lawyer Timothy L. Miles today for a free case evaluation and see if you are eligible for compensation from the Takata Airbag Settlement.  Call a Timothy L. Miles today you could be entitled to substantial compensation. 
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Remember, the call is free and so is the fee unless we win or settle your case, so give Timothy L. Miles a call today. 855/846-6529 or [email protected].

​The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
​300 Centerview Dr., #247
Brentwood, TN 37027
Phone: (855) 846–6529
​​Email: [email protected]

Takata airbag lawyer Timothy L. Miles ​

Timothy L. Miles is a top-rated and AV preeminent lawyer in Nashville, Tennessee and a nationally known class action and products liability lawyer who has been leading the fight to protect consumer rights for over 22 years. Mr. Miles received a Bachelor of Science in Psychology from Belmont University in Nashville, Tennessee in 1995 and his J.D. from the Nashville School of Law in May 2001, graduating third in his class, and was made a member of the Honorable Society of Cooper’s Inn which is reserved for students graduating in the top ten percent of their class.

He is admitted to practice before the Tennessee Supreme Court; the United States District Court for the Western, Middle and Eastern Districts of Tennessee and the District of Colorado; and the Sixth Circuit Court of Appeals.  He is a member of the Nashville Bar Association; National Trial Lawyers Association; and Harry Phillips American Inns of Court (Student Member 2000). Mr. Miles has dedicated his career to representing consumers and shareholders in complex class-action litigation, products liability and mass torts.

Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover millions of dollars for aggrieved consumers, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards.
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For example, Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, which is by invitation only and is “extended to those attorneys who exemplify superior qualifications, trial results, and leadership in their respective state based upon objective and uniformly applied criteria.” The National Trial Lawyers Association explained the significance of this honor: “With the selection of Timothy L. Miles by The National Trial Lawyers: Top 100, [Mr.] Miles has shown that he exemplifies superior qualifications, leadership skills, and trial results as a trial lawyer. The selection process for this elite honor is based on a multi-phase process which includes peer nominations combined with third party research.” Further, “[m]embership is extended only to the select few of the most qualified attorneys from each state or region who demonstrate superior qualifications of leadership, reputation, influence, stature and public profile measured by objective and uniformly applied standards in compliance with state bar and national Rule 4-7.”
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Additionally, Mr. Miles has maintained an AV Preeminent Rating in securities law with Martindale-Hubble since 2014, their highest award given. The coveted AV Preeminent rating is reserved for “[a]n elite group of approximately 10 percent of all attorneys.”  Additionally, while Martindale’s peer review ratings have been trusted for decades because they are based on the opinions and feedback of fellow legal practitioners, the organization’s special judicial edition rating, which Mr. Miles received this year for the sixth year in a row, is an even higher honor. As Martindale notes, the prestigious judicial rating is its highest possible distinction, and is representative of the opinions of both a lawyer’s peers and members of the judiciary.

CONTACT                                                      
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
​300 Centerview Dr., #247
Brentwood, TN 37027
​​Phone:(855) 846-6529
​Email: [email protected]
​Websites:
www.classactionlawyertn.com