Daly & Black, P.C. Certifies Class Action Lawsuit Against GEICO
Plaintiffs allege that they each purchased an insurance policy that required payment of transaction fees in event of a total loss of their vehicle. The Plaintiffs claim that GEICO systemically breached the standard policy by failing to pay sales tax, title transfer fees, and registration fees to insureds whose vehicles were determined to be total losses.
“GEICO has been well aware for many years now that its standard insurance policy requires it to the pay the transaction costs associated with replacing a vehicle that is a total loss. This includes tax, title, and registration fees. Texans lost between 300,000 and 500,000 vehicles in Hurricane Harvey, alone in 2017. GEICO saved tens of millions on those claims by knowingly refusing to reimburse Texans those incurred costs. GEICO will now be responsible for paying those costs plus interest and attorneys’ fees,” said Plaintiff’s counsel,
On
The case styling is Civil Action 4:20-cv-00799,
About
Daly & Black is a litigation firm with offices in
For questions or comments contact the
Director of Marketing for Daly & Black,
or 323-491-6795.
www.dalyblack.com (713) 655-1405


The Most Important Aspects Drivers Should Consider Before Getting a Multi-Car Insurance Plan
Savvy Senior: How to track down an unclaimed life insurance policy
Advisor News
- Three estate planning ideas to protect your clients and their wealth
- What advisors must know about accessible client documents
- Your client texted. Now what? The compliance rules advisors better know
- Helping small-business owners build, grow and exit
- Help women break through their retirement roadblocks
More Advisor NewsAnnuity News
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
- Wink: Annuity sales post strong Q2, led by MYGAs and structured products
- Legacy Marketing Group partners with Malibu Life USA for annuity launch
- Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
- When technology becomes easy to rent, what still separates life and annuity carriers?
More Annuity NewsHealth/Employee Benefits News
Life Insurance News