GEICO has to train its people not to reject a $30k settlement offer in a situation such as this; although it is uncommon. Very boneheaded on the GEICO adjuster’s part–and conceivably the adjuster’s supervisor.
However, the settlement offer of $30k was made after the $2.9M default judgment, which arose out of an uncontested lawsuit GEICO was not even aware of. Further the Court would not set aside the default judgment of$2.9M for a $10k medical fee case.
Lesson for insurers: Train your folks and system better. Rethink your business models; U.S. litigation is out of control.
Geico is the worst company to get the insurance from. Beware. They will send you the letter with no written letter saying why they have cancelled the insurance. But then you will login to your online portal, they will add the comment there that your insurance is Expired. This is insane. Such a large company laying to the customers.
Geico doesn’t protect our privacy, if you call other insurance company they have your social security information. Is something looking into this as part of the privacy law.
Geico has increased the price of Umbrella Policy from $300 to $800 with no reason. There were not any claim also on Umbrella Policy and never used it.
This is very disturbing and they need to investigate Geico from left and right.
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GEICO has to train its people not to reject a $30k settlement offer in a situation such as this; although it is uncommon. Very boneheaded on the GEICO adjuster’s part–and conceivably the adjuster’s supervisor.
However, the settlement offer of $30k was made after the $2.9M default judgment, which arose out of an uncontested lawsuit GEICO was not even aware of. Further the Court would not set aside the default judgment of$2.9M for a $10k medical fee case.
Lesson for insurers: Train your folks and system better. Rethink your business models; U.S. litigation is out of control.
Geico is the worst company to get the insurance from. Beware. They will send you the letter with no written letter saying why they have cancelled the insurance. But then you will login to your online portal, they will add the comment there that your insurance is Expired. This is insane. Such a large company laying to the customers.
Geico doesn’t protect our privacy, if you call other insurance company they have your social security information. Is something looking into this as part of the privacy law.
Geico has increased the price of Umbrella Policy from $300 to $800 with no reason. There were not any claim also on Umbrella Policy and never used it.
This is very disturbing and they need to investigate Geico from left and right.