Why GEICO Might Owe You
The Verdict: On April 13, 2017, a Colorado Federal Jury rendered a verdict finding that GEICO failed to prove that it complied with mandatory insurance laws requiring it to provide customers with a reasonable opportunity to purchase higher levels of Uninsured and Underinsured motorist coverage when purchasing insurance online at www.geico.com. Anderson Hemmat were the trial lawyers for the prevailing party. What we won for our client requires GEICO to pay the additional insurance benefits for coverages that GEICO failed to offer our client.
GEICO has issued more than 15 million auto policies and currently insures more than 24 million vehicles*. Because of the uniformity of online purchasing, GEICO has likely failed to provide the legally required notifications and offers to every Colorado purchaser of auto insurance.
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How They Might Owe You:
If an insurance company fails to properly offer you the opportunity to purchase higher limits of Uninsured/Underinsured, the law penalizes the insurance company, requiring the insurance company to add that additional coverage benefit to your policy – you get more insurance money even though you never paid a premium for those higher limits of coverage.
If you were insured with GEICO and were in an auto-related injury accident, please contact us for a quick check to see if you have one of those policies affected by this court finding. Use the form below to get started or contact us by phone at (303) 782-9999.