In our March newsletter we mentioned a recent policy change
by Geico.
This shift was towards opening settlement negotiations with
a low offer and then refusing to increase it unless the Plaintiff’s attorney
can justify more compensation. Amazingly, even after the need for an increase
he been explained, Geico’s offer goes up only a fraction of what is fair.
For us, this manner of negotiating is
unacceptable. This month our attorneys were successful in a few major accident
trials against Geico. Firstly, in a rear end collision where liability was
clear, but they failed to make an offer! The end result of this trial was a
$5,231.00 verdict for our client. We will continue to litigate in all cases
where Geico refuses to offer our clients proper compensation for medical
expenses, lost wages, pain, suffering, and inconvenience
No comments:
Post a Comment