Alliance Promotes New Part Data
Friday, May 17th, 2002 TechnologyAn insurance company group has announced that new data from an auto parts group supports its contention that certified generic parts are equal or superior to auto company replacement parts. The Alliance of American Insurers‘ statement underscores the industry‘s continuing sensitivity to what became a hot-button issue after State Farm Insurance was hit with a $1 billion judgement for its policy on aftermarket parts. According to the Downers Grove, Ill.-based Alliance, figures from the Certified Automotive Parts Association, the Washington-based parts certification group, show CAPA received complaints on only 0.02 percent of the approximately 1.5 million parts that it certified in 2001. The Alliance noted that the figure is similar to the complaint rate CAPA has registered over the past several years.
