Video shows moment in which Porsche, worth more than R$700,000, loses control before crashing Businessman Otacílio Júnior, owner of a Porsche 911 Carrera whose front was destroyed after hitting a pole in Araguaína, in the northern region of the state, in February, told g1 that the car was a total loss at the time. He stated, this Thursday (23), that the insurance covered the value of the vehicle. According to the Military Police (PM), the accident happened on Avenida dos Administradores, in the Jardim Paulista sector, in Araguaína, in February this year. The businessman, who was driving the car with a woman, reportedly lost control of the steering wheel and ended up crashing into a post on the side of the road. As a result of the crash, the driver suffered an injury to his right leg, and the passenger was injured in the forehead. The businessman said that the car was a total loss, but that the insurance covered the entire value. "Everything is fine. Yes, everything is correct [when asked about the amount paid for the insurance]", he assured. At the time, it was raining and, with the impact, the front of the car was destroyed. The Porsche model is from 2020 and, according to g1, the value of the 911 Carrera version can vary between R$700,000 and R$800,000, according to the Fipe Table. ? Click here to follow the g1 TO channel on WhatsApp READ ALSO: Porsche worth more than R$700,000 is destroyed after driver hits a pole in Tocantins Porsche worth more than R$700,000 that lost control and hit a pole was a total loss, says owner The model of the crashed vehicle has acceleration from 0 to 100 km/h in 4.1 seconds and can reach 294 km/h, according to the manufacturer Reproduction/Instagram by Araguaínanofoco At the time, the Military Police (PM) reported that the driver had his license up to date and showed no signs of intoxication. As the vehicle had no legal impediments, it was released to the owner at the scene of the accident. See more news from the region on g1 Tocantins.