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Honda Reaches $605 Million Settlement Over Takata Airbag Claims


Honda's $605 Million Takata Airbag Settlement: Your Complete Guide to Compensation

Honda Takata settlement

Key Takeaways: Honda has agreed to a $605 million settlement for Takata airbag recall claims. Eligible owners may receive up to $500 compensation for diminished value plus reimbursement for repair-related expenses. This comprehensive guide explains who qualifies, how to file a claim, and what this means for affected Honda and Acura owners.

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The Largest Auto Recall in History

The Takata airbag recall remains the most extensive automotive safety recall in U.S. history, affecting over 16 million Honda and Acura vehicles from model years 2001 through 2017. The defective inflators can explode with excessive force when exposed to prolonged heat and humidity, potentially spraying metal shrapnel throughout the vehicle cabin.

Honda vehicles account for the majority of confirmed injuries and fatalities linked to Takata airbag failures. According to National Highway Traffic Safety Administration (NHTSA) data, Honda models were involved in 12 of the 13 confirmed U.S. fatalities caused by these defective components.

Settlement Breakdown: What Honda Is Offering

The proposed $605 million settlement (requiring final court approval) breaks down into several compensation categories:

  • Diminished Value Claims: Up to $500 per vehicle after recall repair completion
  • Out-of-Pocket Expenses: Reimbursement for repair-related costs including:
    • Alternative transportation (rental cars, rideshares)
    • Lost wages for time spent addressing the recall
    • Childcare expenses incurred during repairs
  • Enhanced Outreach Program: $40 million dedicated to locating owners of high-risk vehicles
  • Loaner Vehicle Program: Expanded access to temporary vehicles during repairs

After accounting for program administration and Honda's 20% credit for enhanced customer outreach efforts, the actual compensation pool totals approximately $484 million.

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Which Honda and Acura Models Are Affected?

The settlement covers numerous models across both Honda and Acura brands from the 2001 through 2017 model years, plus 2006-2017 GL1800 motorcycles. Some of the most commonly affected vehicles include:

High-Risk Honda Models

  • 2001-2012 Honda Accord
  • 2001-2011 Honda Civic
  • 2002-2011 Honda CR-V
  • 2003-2011 Honda Element
  • 2007-2016 Honda Fit

Affected Acura Models

  • 2003-2016 Acura MDX
  • 2002-2003 Acura TL/CL
  • 2005-2012 Acura RL
  • 2010-2013 Acura ZDX
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Important Note: The settlement specifically covers vehicles owned or leased after November 11, 2008. Honda has repaired approximately 61% of affected vehicles as of August 2023.

How to Check if Your Vehicle Is Included

Honda provides multiple ways to verify if your vehicle requires Takata airbag replacement:

  1. Official Recall Lookup: Visit MotorVero's recallookup tool and enter your VIN
  2. NHTSA Database: Check the NHTSA recall website
  3. Dealer Verification: Contact any authorized Honda or Acura dealership

The NHTSA has identified certain older Honda models as having particularly high-risk inflators that require immediate attention. These vehicles receive priority in the outreach program.

How to File a Claim for Compensation

Once the settlement receives final court approval (expected in early 2024), the claims process will involve:

  • Step 1: Complete the free airbag inflator replacement at an authorized dealer
  • Step 2: Gather documentation (repair receipts, transportation expenses, etc.)
  • Step 3: Submit claim through the official settlement website (to be established)
  • Step 4: Allow 60-90 days for claim processing and verification

Honda emphasizes that parts are now available for all affected vehicles, eliminating previous wait times for repairs.

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Why This Settlement Matters for Consumers

This agreement represents one of the most comprehensive consumer compensation programs in automotive recall history:

  • Financial Compensation: Acknowledges the reduced market value of recalled vehicles
  • Safety Priority: Funds aggressive outreach to locate high-risk vehicles still unrepaired
  • Consumer Protection: Sets precedent for manufacturer responsibility in defect cases

Honda states the settlement will "support expanding our efforts to reach and encourage customers to complete these critical safety repairs."

Frequently Asked Questions

How much compensation can I receive from the Honda Takata settlement?

Eligible owners may receive up to $500 for diminished value plus reimbursement for documented out-of-pocket expenses related to the recall repair (transportation, lost wages, etc.). The exact amount varies based on individual circumstances.

Is my 2005 Honda Accord covered by the settlement?

Many 2005 Accord models are included, but coverage depends on your specific VIN and whether you owned/leased the vehicle after November 11, 2008. Use MotorVero's recall lookup tool to verify your vehicle's status.

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How long will it take to receive my settlement payment?

After submitting a complete claim with all required documentation, most claimants should receive payment within 60-90 days. The settlement administrator will process claims in the order they're received.

Next Steps for Affected Owners

If you own or lease an affected Honda or Acura:

  1. Verify your recall status immediately using your VIN
  2. Schedule free repairs at an authorized dealership
  3. Document all expenses related to the recall service
  4. Monitor official channels for claim filing instructions once the settlement is approved

Honda emphasizes that there is no cost to consumers for the airbag inflator replacement, and all repairs are performed with newer, safer components designed to prevent future issues.

Stay Updated: Bookmark this page or check MotorVero regularly for updates on claim filing procedures and deadlines as the settlement progresses through final court approval.

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Last Updated On May, 10-2025

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