There are many auto insurance companies that have a reputation for paying less money for injury claims than GEICO. On the other hand, there are many car insurance companies that have a reputation for paying much better than GEICO. An injured person usually files a civil lawsuit in an uninsured motorist (UM) insurance case so that they are not limited to the UM insurance limits if a jury awards an amount greater than the UM insurance limits. According to Gertz, even if GEICO's “evaluation of a claim” was only a “couple of thousand dollars” less than the claimant's settlement offer, GEICO would force the injured claimant's lawyer to file a lawsuit against the GEICO insured, regardless of the exposure faced by their insured.
If GEICO is your insurer for uninsured drivers (UM) in Florida, you have 5 years to sue GEICO for UM benefits. Like most car accident injury settlements with GEICO involving serious injuries, most of the payment was for pain and suffering. In a claim for serious injuries and low bodily injury liability insurance (BIL) limits, GEICO usually sends an appraiser to deliver the check in person. Like other insurance companies, GEICO values the case more if you go to the hospital by ambulance.
If you have a car accident claim related to GEICO insurance, you probably want a big and fast settlement. In my previous GEICO car accident settlements, I am often told that they print the check on the day of the personal injury settlement. The workers compensation adjuster at Liberty Mutual told me that they should be entitled to most of GEICO's car accident compensation. States (such as Florida) have laws that don't allow auto insurance companies to increase your premium if you weren't at fault.
The personal representative (PR) stated that there was evidence that the owner of the car was with the driver before the accident and that the owner knew that the driver was drunk before giving him permission to drive his car. Surprisingly low offers like this are the reasons why I say that GEICO pays worse than many insurance companies. He stated that GEICO should “keep the line” and refuse to reach an agreement when GEICO believed it had some “rational basis” for its lower assessment of a liability claim. He also said that in my videos I give an easy-to-understand explanation of how GEICO car accident cases are handled.
The judge said that a jury could determine that GEICO did not handle Anderson's lawsuit with the same degree of care and diligence that GEICO would have used to deal with its own issues. If GEICO doesn't pay the limit and doesn't protect its insured driver, GEICO could be in trouble throughout the sentence (after the verdict).