Geico agreed to a $5.1 million class action lawsuit settlement to resolve claims that it failed to properly calculate and pay taxes when paying claims for auto total loss.
The settlement benefits Georgia Geico auto insurance policyholders who had a covered total loss auto claim between April 29, 2014, and Dec. 31, 2019, that resulted in a total loss payment that did not include a full payment of title ad valorem tax (TAVT).
Plaintiffs in the class action lawsuit claim Geico violated Georgia law by failing to include TAVT in its auto total loss payments. TAVT is a one-time tax paid on a title that replaces sales tax and annual motor vehicle taxes in Georgia.
Geico is an insurance company that sells auto, homeowners, renter’s, motorcycle, boat and business policies.
Geico hasn’t admitted wrongdoing but agreed to a $5.1 million settlement to resolve the insurance class action lawsuit.
Under the settlement terms, class members can receive a cash payment based on the applicable tax rate at the date of their losses. Class members who have already received partial payments from the insurance process may have their settlement payments reduced, and those who have already received a full tax payment will not receive any funds.
The deadline for exclusion and objection is May 3, 2024.
The final approval hearing for the Geico total loss settlement is scheduled for June 6, 2024.
The deadline to file a claim with the settlement is May 20, 2024.
Who’s Eligible
Georgia Geico auto insurance policyholders who had a covered total loss auto claim between April 29, 2014, and Dec. 31, 2019, that resulted in a total loss payment that did not include a full payment of title ad valorem tax (TAVT).
Potential Award
Varies
Proof of Purchase
Claim number and date of loss
Claim Form
NOTE: If you do not qualify for this settlement do NOT file a claim.
Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.
Claim Form Deadline
05/20/2024
Case Name
Malcom v. Geico Indemnity Co., et al., Case No. 5:20-cv-00165-MTT, in the U.S. District Court for the Middle District of Georgia
Final Hearing
06/06/2024
Settlement Website
Claims Administrator
Malcom v. Geico Indemnity Co.
c/o JND Legal Administration
PO Box 91474
Seattle, WA 98111
info@GaAutoLossClass.com
844-566-0152
Class Counsel
Christopher B. Hall
HALL & LAMPROS LLP
Thomas Lacy
LINDSEY & LACY PC
Bradley W Pratt
PRATT CLAY LLC
Scott Edelsberg
EDELSBERG LAW PA
Andrew J Shamis
SHAMIS & GENTILE PA
Rachel Dapeer
DAPEER LAW PA
Edmund A Normand
Jacob L Phillips
NORMAND PLLC
Defense Counsel
Kymberly Kochis
Alexander P Fuchs
Valerie Strong Sanders
EVERSHEDS SUTHERLAND LLP
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2 thoughts onGeico Georgia auto loss taxes $5.1M class action settlement
It appears the same attorneys that stole mine and hundreds of other class members’ settlement money, works all the same cases. WATCH OUT, YOU WILL GET YOUR AWARD STOLEN BY THE CLASS COUNSEL & THEIR CLAIMS SETTLEMENTS ADMINISTRATOR, LIKE WE DID IN THE GEICO TOTAL LOSS CASE IN CALIFORNIA. THEY’LL LIE AND SAY YOU’RE IN TWO SETTLEMENT CLASSES AND SEND YOU A SMALL AMOUNT. YOU CAN FIND ME ON FB UNDER DREA DGORGE. ILL TELL YOU ANYTHING YOU NEED TO KNOW. JACOB PHILLIPS HAS ALREADY THREATENED ME. HE NEEDS TO FESS UP ABOUT THE KICKBACKS THE ATTORNEYS AND THEIR CLAIMS ADMIN GOT GOING ON WITH GEICO.
Geico is a terrible company. I worked for them 2 years and the are completely micromanaged and could care less about their employees or customers and I believe they are headed towards bankruptcy. The people who provide their roadside assistance aren’t even getting paid and are refusing services.