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A website has been established for a $27 million GEICO total loss class action settlement benefiting Florida drivers.
While the website is live, it is not accepting claims yet. Top Class Actions will provide claim filing instructions as soon as they become available.
Meanwhile, viewers will receive an email notice when this article is updated with more information by using a free Top Class Actions account and clicking the “Follow Article” button at the top of the post.
The GEICO total loss class action settlement resolves claims that the insurance company violated their contracts by failing to fully pay total loss settlements to consumers.
The company reportedly didn’t compensate policyholders for title transfer fees and license plate transfer fees, which the drivers claim is part of the actual cash value.
A federal judge determined in the case that these fees should be included in the actual cash value and that GEICO needed to face the claims against them. Based on this, the court found GEICO liable in a summary judgement ruling and ordered the company to pay consumers $79.35 each.
“Courts have found that replacement cost includes items such as a contractor’s overhead and profit, sales tax, and fees where it is ‘reasonably likely’ that the insured would incur these costs if he or she repaired or replaced the property,” Judge Paul G. Byron determined.
Following the summary judgment against them, GEICO has agreed to settle the drivers’ claims by paying into a $27 million GEICO total loss class action settlement.
The settlement benefits the following consumers:
- Florida residents who were insured by Government Employees Insurance Company or GEICO General Insurance Company for an owned (not leased) vehicle and were awarded a total loss claim payment between May 17, 2012 and April 4, 2019;
- Florida residents who were insured by GEICO Indemnity Company for an owned (not leased) vehicle and were awarded a total loss claim payment between Oct. 10, 2012 and April 4, 2019.
Under the GEICO total loss class action settlement, Class Members will be able to recover full payments owed to them. The payments are expected to be $79.85 – covering $75.25 in title transfer fees, $4.10 in tag transfer fees, and $0.50 in branch fees.
In the GEICO total loss class action settlement’s preliminary approval motion, the plaintiffs note that these payments will be $0.50 more than the payments which would have resulted from the summary judgement order due to the inclusion of branch fees.
In order to receive compensation from the GEICO total loss class action settlement, Class Members need to file a valid Claim Form by July 21, 2020. They will reportedly have until May 22, 2020 to opt out of the settlement or object to its terms.
Are you eligible for the recently established GEICO total loss class action settlement? Let us know in the comment section below.
The drivers and settlement Class Members are represented by Edmund A. Normand and Jacob L. Phillips of Normand Law PLLC, Bradley W. Pratt of Pratt Clay LLC, Tracy L. Markham of Southern Atlantic Law Group PLLC and Christopher J. Lynch.
The GEICO Total Loss Class Action Lawsuit is Sullivan, et al. v. Government Employees Insurance Co., Case No. 6:17-cv-00891, in the U.S. District Court for the Middle District of Florida.
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165 thoughts onGEICO Total Loss Class Action Website Is Active
Please add me.
Please add myself and son Raymond Elizondo
always going higher and higher
Please add me as I am Florida Gecio Policy holder who experienced a total loss.
I ain’t in Florida but geico screwed me
I was wondering when they might start sending settlement checks. Also, how can you be sure that your paperwork was received and you are part of the lawsuit.
I never received payment for settlement.
If the class action attorneys are associated with KCC you will get fkd.
This is in regards to the Geico Total Loss Claim. I’m in Kansas City Missouri. My 2016 Chevy Cruze was a total loss by adjuster. I didn’t think it was. I still have the pictures I had just paid in full with a year and a half to spare all 16,000 plus. He wrote a check for 5 thousand dollars and that I had to pay my deductible as well. Happy Holidays to all.
my vehicle was totaled while I had Geico ins, I don’t believe I was compensated for full vehicle loss
I had a accident in2019 which was not my fault It was the fault of the gico policy holder and I had to pay for the repairs to his car and my medical bills out of the settlement they gave me and I am still unable to work because of the accident.