If you are a Geico policyholder, the content of this article may be beneficial to you. If you are in a predicament where Geico insurance claims, due to a motor vehicle accident, have not been fairly compensated, you may have a legal claim against your insurer.
Personal injury and medical bills stemming from an auto accident are often overwhelming. Choosing a highly skilled attorney will benefit you and your Geico insurance claim.
The car accident attorneys at the law firm of Florin|Roebig are aware that the purpose of an insurance policy is meant to help you heal from bodily injury after an auto accident. With Covid 19 disrupting insurance companies around the nation, insurance claims are not processed as quickly and this often does not result in the maximum settlement offer.
Do not allow insurance adjusters and auto insurance companies to haggle you. Instead, reach out for a free consultation if you believe you have a Geico insurance claim.
What Are Geico Policies Like As A Large Insurance Company?
Geico is the second largest insurance company in the United States. Geico provides insurance to roughly 22 million vehicles for about 13 million people. As a company, Geico was one of the first large insurance companies to offer commercial driving policies for ride-share companies, such as Uber and Lyft.
While they are a very well known company, the impact of these insurance policies on a local level may vary. In the state of Florida, drivers are all required to have personal injury protection (PIP) insurance coverage. All insurers are mandated to provide PIP for sickness, injury, and even death resulting from motor vehicle accidents.
According to a complaint filed in the Spring of 2020 by Florida Spine and Joint Institute (a licensed Florida healthcare provider) Geico, the Berkshire Hathaway-owned company, has been allegedly “engaging in systematic fraud by denying coverage to their customers by refusing to pay for legitimate medical services covered under the applicable policies and governed by Florida’s PIP Statute.” This means that Geico is bypassing injury claims in bad faith, and attempting to lowball car accident cases and settlements.
How Does Geico Handle Your Personal Injury Claim?
Similar to many insurance companies, Geico adjusters determine how much your claim is worth. As a new Geico policy holder, your policy limits will decide how much you must pay in an accident, regardless of who would technically be the at fault driver. These established guidelines play an important role in your injury case.
Geico’ stands for Government Employees Insurance Company, and is a conglomerate ofBerkshire Hathaway. Geico is worth over $25B. Because of this large scale net worth, GEICO has billions of dollars in their own best interest to continuously play down claims. This means that the standards should follow in suit of many other large insurance companies and that the damage payouts for injury cases, lost wages and other damages that have impacted your life should be in the form of fair and just settlements.
Unfortunately, Geico will often refuse to accept liability for injury or damages when they are indeed responsible.
The adjuster will gather your information, and then use this in the case against you in order to avoid paying the insured for their injuries and other various damages which may have been incurred. The insurance adjuster is supposed to determine the value of your policy, and how it will directly impact your compensation based on numerous factors ranging from your coverage as the claimant, to the valuation of damages to your property.
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Geico Auto Insurance: Adjuster’s Making Decisions In Bad Faith
Lowballing insured motorists is an act of bad faith, and there are many instances, with Geico in particular, where you may not receive a fair settlement offer. This is why you need a trusted personal injury attorney to protect you.
There are many scenarios in which your claim could be denied. This is unfortunately non-unique to Geico claims, but rather a common instance seen with large scale car insurance companies.
Whether you are settling the claim or appearing in circuit court due to a bad faith settlement offer, our personal injury law firm has the expertise needed to represent accident victims when taking on large insurance companies such as Geico.
How To Know If You Have A Geico Claim
If you’re a Geico policyholder who has been in accident, or the other driver involved has a Geico policy, or both, you may be entitled to compensation from Geico for the following:
- Medical bills: Expenses incurred due to hospitalization, ambulance assistance, on the scene medical assistance and other car accident related medical bills.
- Lost wages: If a car accident kept you out of work, the wages you lost might be reclaimed in your compensation package.
- Property damages: These expenses stack up when you have to have your motor vehicle repaired or cover the cost of other property losses.
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Contact Florin|Roebig About Your GEICO Auto Insurance Accident Claim
If this article resonates with you, you may have an insurance claim against Geico insurance. call us today and we will give you a free consultation and our expert attorneys will review your case.
If you are a Geico member and do not believe you are being paid in good faith for your insurance claim, a personal injury lawyer will support you in determining the best course of action for your case.
At Florin|Roebig, we value our attorney-client relationships. Your journey through a personal injury claim matters to us. It is important to us that you receive the payment you deserve for serious injury and damages sustained due to an auto accident.
Give us a phone call at the law firm of Florin|Roebig. We have over 30 years of experience, and our specialty in successfully obtaining settlements from auto insurers has proudly stretched to over $1B in settlements from personal injury cases.
Call us today for a free and confidential case consultation.
