This purpose of this page is to help you understand the settlement value of your case against GEICO and to give you weapons to maximize the settlement value of your claim. Learn the secrets they don't want you to know and get the most money you possibly can out of your claim. This page is focused on claims against GEICO in Maryland. But most of what you will learn will apply in any state in the country. This page was updated on January 9, 2020.
- How to get the most out of your claim against GEICO.
- Frequently asked victim questions on what to expect when dealing with GEICO in motor vehicle injury claims
- How much money can I expect on GEICO's first settlement offer?
GEICO is a difficult insurance company to deal with. If you have not figured that out yet, you will. If you are trying to maximize the settlement value of your injury case, you want to have every weapon you can to understand the true value of your case.
Will GEICO try to pay you less than the value of your claim? They absolutely will. So you have to be prepared for battle and this is one resource that helps you better understand how injury claims are valued for settlement and at trial.
What you need to know about GEICO is that his insurer softens up as he deeper you get into the process. GEICO rarely offers a fair settlement offer before trial. Yet they will often pay an extremely fair offer before trial.
The starting point of understanding the value of your case against GEICO has nothing to do with GEICO. It starts with your injury. We provide statistics and sample cases based on your type of injury.
But here is also some value in looking at other cases against GEICO. So below is a sampling of recent jury verdicts and settlements with GEICO. We use mostly our law firm's cases in Maryland. Others from around the country are also included.
These results are not necessarily reflective of the value of your claim against a GEICO insured. There are too many variables at play when looking at the value of a car accident case to fit in a summary of the case. Still, we think these stories are informative to help you better understand the value of injury claims against GEICO.
If you have a claim against GEICO or a GEICO insured in Maryland or Washington, D.C., fill out this free case review form today.2019 Settlements and Verdicts Against GEICO
- Maryland 2019: $200,000 Settlement. Our client rear-ended in a car accident in Prince George's County. The property damage is not significant and he does not have any objective injuries. But the injuries did not resolve. Our client was not looking for that much. We demanded $55,000. Allstate offers $17,076.68. Our firm firm files suit against the Allstate insured and also against GEICO for underinsured motorist coverage. The at-fault driver only had a $100,000 policy. Allstate increases the offer to $37,200 just before trial. The trial began and we destroy their expert on the stand. While our client's wife is offering her testimony, the GEICO and Allstate say they want to talk settlement. Our old offer to settle was long off the table. They offer $200,000 ($100,000 each). The case settles in the middle of the trial.
- Maryland 2019: $300,000 Settlement. Our client is a passenger in a friend's car in Baltimore County. The driver hits a light pole trying to avoid an animal on the road. He is diagnosed at Northwest Hospital with a neck sprain, strain, and a wrist sprain. He is discharged with pain medicine. He gets a cervical steroid injection that provides only temporary relief. Ultimately, he has a discectomy and fusion and (eventually) had a great recovery.
- Virginia 2019: $50,000 Settlement. Plaintiff was riding his motorcycle on Military Highway in Norfolk when he was negligently struck by another motorist driving a pickup truck. Plaintiff suffered major injuries and eventually died. The other driver had no insurance so the plaintiff's estate brought a claim for UIM benefits against his own insurer, GEICO. The insurer agreed to settle the claim for policy limits of $50,000. The take-home message here is that no matter how good your case is, you are a prisoner to the coverage limits of the at-fault driver and your own coverage limits. This is why it is important to get significant uninsured motorist coverage from your own insurance company. This protects your from not getting fair compensation from a uninsured or underinsured driver.
- Florida 2019: $66,535 Verdict. Plaintiff, a passenger, allegedly suffered permanent floaters in her eye after another driver swerved across 3 lanes of traffic on the Florida Turnpike and hit the right side of the vehicle. The other driver was uninsured and the plaintiff brought a UIM action against her insurer, GEICO. As this insurer commonly does, GEICO disputed the plaintiff's alleged injury was caused by the accident. The jury found that plaintiff's eye floaters were caused by the accident but did not agree that they were permanent and awarded $66k.
- Arizona 2019: $200,000 Verdict. The defendant driver was street racing and under the influence of alcohol when he lost control of his vehicle and crashed into the plaintiff's home. Plaintiff alleged various injuries including aggravation of a heart condition and sued the defendant. Plaintiff also sued the owner of the vehicle defendant was driving. Defendants were insured by GEICO. A jury found in favor of plaintiffs and awarded $200k in damages.
- Florida 2019: $381,202 Verdict. Plaintiff allegedly suffered low back disc bulges and cervical disc protrusions, a sacroiliac joint sprain, and muscle spasms when, while driving eastbound, her vehicle was struck in the rear passenger quarter by a northbound vehicle. Plaintiff was insured by GEICO and the other driver had no insurance so she brought a UIM claim. GEICO disputed causation and the extent of the plaintiff's alleged injuries. The jury found in favor of the plaintiff and awarded damages totaling $381k.
- Florida: $197,700 Verdict. Plaintiff was driving on a 2 lane road in Palm Beach County when another motorist changed lanes and struck her vehicle causing various neck and back injuries. The other driver had insurance but plaintiff's injuries allegedly exceeded the limits of his insurance so she brought this UIM case against her insurance carrier, GEICO .Liability was admitted but GEICO disputed the nature and extent of the alleged damages. The jury found that plaintiff's injuries were not permanent, but still awarded almost $200k in damages.
- Connecticut: $130,000 Verdict. Plaintiff, male in his mid-40s, was driving his motorcycle through an intersection with the right-of-way when another driver ignored the traffic signal and hit him. Plaintiff allegedly suffered injuries to his lower back and leg and brought suit against the driver and his owner insurer, GEICO, for UIM benefits. The claim against the other driver settled for policy limits and the case proceeded against GEICO. The jury awarded $130k.
- Maryland: $250,000 Settlement. Our client, a 45-year-old professional woman, is traveling on Route 97 in Anne Arundel County. She stopped in heavy traffic and is rear-ended. The police are not called to the scene because she did not initially believe she was seriously injured. She sustained $5300 in property damage to her vehicle. She has degeneration at C4-C5 that was injured in a prior accident (she had a prior neck fusion). Ultimately, she received nerve block injections. GEICO tendered their $100,000 insurance policy and she received $150,000 from her own insurance carrier on her underinsured motorist claim. Miller & Zois handled this claim.
- Maryland: $206,817 Verdict. A man with a longstanding history of lower back pain claims he suffered lumbar radiculopathy and aggravated lumbar stenosis and getting rear-ended in Prince George's County. He has lumbar decompression surgery at L3-4 and L4-5. The jury awards $206,000 but the verdict is reduced because the policy is capped at GEICO's uninsured motorist coverage with the plaintiff.
- Settlement in Maryland (Baltimore) for $100,000: A 13-year-old boy was walking down the sidewalk when motorcycle took a left turn in front of a car at Kenwood Avenue and Dale Avenue in Baltimore, City. The bike flew over the hood and landed on the boy, who broke his leg. GEICO tendered its $100,000 policy before a lawsuit as filed. Miller & Zois handled this claim.
- Verdict in Maryland (Montgomery County) for $100,000: While driving south on 495, a 65-year-old executive assistant is approaching the American Legion Bridge. Another driver in a Jeep is also heading south. Suddenly, a wheel detaches from his vehicle, coming to rest in the lane. The woman's car strikes the wheel, which leads to her car overturning and hitting the Jersey wall. She is transported to the ER via ambulance, where doctors tell her that she has a severed tendon in her left hand along with serious abrasions to the hand. She also has a fractured collarbone. After undergoing physical therapy for a few months, she sues the other driver and the shop whose work allegedly resulted in the wheel coming loose. She also sues GEICO, her underinsured carrier. GEICO eventually steps us and pays their full $50,000 policy to settle the case. We see this story a lot -- you often have to sue GEICO to get them to do the right thing for the victim and their own insured. The liability carrier, Allstate, decides to take the case to trial, probably because they had little to lose by trying.
- Settlement for $200,000 in Maryland: An elderly man exited his car to cross the street. He was struck and killed by the Defendant. There was no good evidence as to where the man was hit and killed although he clearly was not in a crosswalk. This was our problem: there was no proof either way, and the Plaintiff bears the burden of proof. Defendant filed a motion to dismiss the case but agree to settle for $200,000 before the motion was heard. This is one of many settlements and verdicts Miller & Zois has had with GEICO over the years in Baltimore.
- Verdict for $306,101 in Maryland: An elderly man is driving on Route 4 in Dunkirk when he collides with another car. The impact is not severe. However, the man seeks medical treatment for shoulder pain immediately after the crash. He is diagnosed with a torn rotator cuff but was not a candidate for surgery given his age. As a result, he claims the injury is permanent, and it also prevents him and his wife from sleeping in the same bed. He sues the other driver and his underinsured motorist carrier, GEICO. Liability for the accident clearly falls on the other driver, so GEICO disputes the extent of his injuries. The jury awards a little over $6,000 in medicals and a further $300,000 in pain and suffering damages.
- Settlement in Maryland for $290,000. A 40-year-old woman suffers an L-5-disc injury after a double impact, chain reaction, rear-end accident. She has a negative MRI but has a discectomy that reveals nerve damage. The pre-suit offer was $70,000. Miller & Zois handled this case.
- Jury Verdict in Maryland for $340,000. Plaintiff suffered head (mild TBI) and disc injuries in a left turn accident case that was tried in Prince George's County. The offer at the pre-trial conference was zero. GEICO's policy was $250,000, but the uninsured motorist carrier agreed before the trial not to seek subrogation from GEICO's insured if the verdict exceeded the policy limits which, thankfully, is exactly what happened. Miller & Zois handled this case.
- Settlement in Maryland for $170,000. Plaintiff was driving on Route 97 in Carroll County when he approached a non-functional traffic light. Defendant did not realize the light was not working a ran through it. Defendants contended that Plaintiff was contributorily negligent for failing to proceed with care through a broken traffic light. Plaintiff suffered a broken left femur, broken ribs, various cuts and abrasions, and severely bruised feet. GEICO was the driver's insurance company, and they tendered their policy limits. The rest was recovered from the uninsured motorist carrier (Cincinnati Insurance). Our law firm handled this claim.
- Settlement in Maryland for $175,000. Our client was rear-ended on Route 4 in Calvert County. She went to Urgent Care that evening, complaining of jaw, left shoulder, left neck, and lower back pain. She ultimately had a cervical diskectomy and fusion in her neck at C5-C6. We had no choice but to file suit because GEICO just would not make an offer.
We have won millions of dollars in settlements and verdicts against GEICO. Learn more about dealing with GEICO in car, truck, and motorcycle accidents here and check out some of our verdicts and settlements here.
- Settlement in Maryland for $300,000. A man was stopped at a red light in Montgomery County and was rear-ended at a high rate of speed. He was flown to Prince George's Hospital Center but he did not survive. This wrongful death settlement was for the policy limits. An exhaustive search for assets of the defendant revealed that he had no meaningful assets and only a $15,000 Pennsylvania insurance policy. GEICO paid the remaining $285,000 in uninsured motorist benefits. Our law firm handled this case.
Our lawyers have been dealing with GEICO for years. Below are questions our clients have had about their claims that you may also have.
I also really like Warren Buffett. This insurer also generally has very professional adjusters, many of which are easy to like. But here is the truth: GEICO is a very difficult insurance company to deal with in accident claims, particularly before a lawsuit is filed. GEICO simply has a business model that aggressively focuses on settling claims for as little as possible. This model instructs them to try to resolve cases for far less than they are worth.
This insurer has regional claims centers. Almost all of the Maryland claims are processed in the Fredericksburg, Virginia office.
GEICO does not give its adjusters a ton of authority before a lawsuit is filed. The claims rep will make you an offer that is some percentage of the power that the adjuster has to settle the case. This next part is important. The gap between (1) the initial offer and the settlement authority and (2) the settlement authority and the real value of the case increases with the size of the case. Let's make up an example that I think is pretty true to form. If a case has a trial value of $10,000, the adjuster might offer $4,000 with the authority to go up to $5,500. But if the real value of the case is $500,000, this insurer might offer $125,000 with the authority to go to $150,000.
To make the obscene profits GEICO has historically generated, GEICO tries to rip off victims on the value of their claim. That may be a harsh assessment, but it is the start reality. Think about the math. GEICO spends $1 billion a year on advertising. It touts that you can save fifteen percent by spending that fifteen minutes" by switching to GEICO. The company also offers some customers "accident forgiveness" so that their insurance rates do not increase after an accident. So GEICO plays hardball before suit is filed hoping pay less than what the injury claim is truly worth. If you can rip off just 30% of the victims making claims, that is a lot of extra money for advertising and profits.
Almost invariably, the offer increases. This is true with most insurance companies but is more particularly true with GEICO. One reason for this: you get a new adjuster when a suit is filed. The new adjuster comes in and says, "Okay, the first adjuster was an idiot, let's talk about the real value of this case." All right, that is hyperbole. But it is not that far from the truth. Now this number is also usually far less than the trial or settlement value of the case. But it is almost certainly well north of the value before a suit was filed and the new adjuster came aboard.
How bold GEICO will be depends on what the sticking point in the case is. If the dispute is over liability -- who caused the accident -- this insurer will often stick to its guns. If the dispute is over how much money agreed upon injuries are worth, GEICO rarely lets these cases go to trial, at least in Maryland.
There is no way to know. What any insurance company will do when a verdict exceeds the policy limits depends on the facts of the case. But if the plaintiff makes a settlement demand for the policy limits or less, GEICO will often stand behind its insured and pay whatever the verdict is regardless of the policy limits.
The Vehicles in My Crash had Little to No Property Damage. But I was Hurt. My Doctors are Willing to Testify That I was Severely Hurt in the Crash. Will GEICO Ever Come to its Senses?
It is very unlikely. Probably more than any other insurance company out there, GEICO has an aversion to low and no property damage injury cases. So there is a high probability a case like that are going to go to trial if the victim wants to get something resembling fair value on the case.
In general, you are going to be best protected by hiring counsel to represent you interests. If you are seriously injured in an accident, I think it is entirely foolish not to hire a lawyer. That said, if you have a small case, the gap between what you can get for yourself and what a lawyer can get for you is more narrow. Should you still hire a lawyer in those small injury cases? I think you should. Is it crazy to handle these cases alone without a lawyer? No.
Our law firm deals with GEICO in car accident injuries and wrongful death cases in Maryland - virtually every single day. The purpose of this page is to give you information that you can use when dealing with this car insurance company. Whether you are a lawyer or a victim; this page is designed to help you get as much money as you possibly can for your GEICO claim.
Ten years ago, GEICO was very easy to deal with in settling claims in Maryland. Our accident lawyers rarely filed suit in GEICO cases.
Times have changed. GEICO now undervalues virtually every single claim. Our law firm files lawsuits against GEICO insureds in most serious injury traffic collision cases. We would sue them even more often, but we have some clients that have personal reasons to choose the settlement offer. Some clients simply do not want to go down the litigation route.
GEICO has some of the nicest and most reasonable claim adjusters too. The claim adjusters are particularly easy to work with in terms of their disposition and willingness to promptly return calls. GEICO is not some evil empire. Really, we only disagree with GEICO on one issue: the value of personal injury cases in the Baltimore/Washington area.
The value of one's personal injury case is what car accident claims are all about in the final analysis. The civil justice system is about giving money to compensate victims for the harm that is done to them. Our job is to fight for our clients to get as much money in their pocket as humanly possible. More often than not, if the client's goal is to get every last penny they are entitled to get, then a lawsuit is the most sensible option.
Filing Lawsuit Against GEICO Often Increases Offers Dramatically
Our lawyers have won literally millions of dollars in settlements and verdicts against GEICO. If you need someone on your side who knows how to fight this insurance company and win, call 800-553-8082 or get a free online consultation.
If you do file a lawsuit, most of the claims will be handled by Besok & Mullen or John Dahut & Associates. These firms have "law firm names" but are in-house counsel and are direct employees of the insurance company. On balance, these lawyers are far more reasonable than the adjusters when it comes to placing a fair settlement value on accident claims.
GEICO refers out some cases when they are concerned that there is a real chance the verdict could exceed the defendant's insurance policy limits. The Law Offices of Frank Daily - a good group of lawyers - is one of the firms that this insurer heavily relies upon in these types of cases in Baltimore. It often uses Mulhern & Patterson in cases in Maryland/D.C. suburbs.
This insurance company has a number of "usual suspect" experts to defend their positions that the Plaintiff is either not hurt or not hurt as bad as the Plaintiff suggests. If it is an orthopedics case, as many car crash injuries are, the insurer frequently refers to
- Dr. Joel Falik
- Dr. Louis S. Halikman
- Dr. J. Richard Wells, Jr.
- Dr. Eddie Cohen
- Dr. Gary London (neurologist)
- Dr. Clifford Hinkes
- Charles Citrin (neuroradiologist)
- James Gasho
GEICO regularly - REGULARLY! - names these same witnesses in a stunning around of motor vehicle accident cases in the Maryland and the District of Columbia. What is incredible is GEICO lawyers often name these experts long before the doctors has ever heard the patient's name or seen a single medical record. What does this means? It seems they are pretty confident that these experts will say what they want them to say.
To contact this insurer in a Maryland case, you can reach them at:
P.O Box 9505
Fredericksburg, VA 22403
The best number is 1-800-841-1003.
Keep in mind the risks associated with talking to the insurance company without counsel.More Information on Dealing With GEICO for Settlement or at Trial
If you have been injured in a motor vehicle accident in Maryland and the at-fault driver is insured by GEICO, or if you are filing an uninsured motorist claim against GEICO and you have a question about your claim, call us at 800-553-8082 or get a free claim evaluation.GEICO First Injury Settlement Offer
Our advice in severe injury cases to clients is that you have to bring a lawsuit against a GEICO insured as opposed to accepting a pre-suit settlement offer if you want to get as much money as you can for your claim.
Elsewhere on this website, we offer information about the settlement value of car and truck accident claims and provide examples of settlements and verdicts that our firm and other lawyers have had in cases against GEICO. But those are "end of the day" answers. Many victims want to figure out something far more immediate: how much of a first settlement offer can I expect GEICO?
GEICO's first settlement offer will probably not be for much compared to the seriousness of the case. At Miller & Zois, we went through some old files to try to give victims an idea of how much money GEICO offered compared to the client's medical bills. So we pulled some random first settlement offers along with the amount of the client's medical bills to give you some idea of what you might be able to expect. We do not think this kind of data is available anywhere else. We have looked everywhere ourselves to find something similar.
Remember, these are first settlement offers.
|First Offer||Amount of Medical Bills|
*Indicates policy limits offerWhat Does This Data Tell Us?
First, let's talk about what we have done here. We have pulled cases largely at random of auto accident cases that Miller & Zois has had with GEICO in recent years. We are not providing any relevant facts about the type of injury, the crash itself, lost wages... almost every vital fact you would want to know about the case to properly value it and what a reasonable payout would be.
So why do these statistics have any meaning at all to calculate GEICO car accident settlement amounts? Well, when you throw out the outliers, the numbers fall into a predictable pattern. But keep in mind too that GEICO's first settlement offer also does not correctly value the case. The company's first offers fall into one of three categories:
- Crazy Low
- Are you kidding me?
So this is interesting data. I think it gives victims enough cases to look for trends and patterns. In conjunction with sample verdicts and settlements in similar cases, you might be able to begin to pin down a value range for your case. But you have to keep in mind how impossible it is to conclude anything based on this evidence alone as to the actual value of your case. There are just too many variables involved. But it does tell you something about the value of your case in relative terms.GEICO's First Offers are not Close to Fair Offers
We are talking about GEICO, and this insurance company does look to make low ball settlement offers even more than most other insurance carriers. But first offers are likely to be unfair from almost any insurance company. We pulled up this statistic from our files in putting these statistics together that even surprised us: just 3 of the 39 largest settlements and verdicts our law firm has had in the last 12 years were cases that settled before filing a lawsuit.
Every insurance company is going to blink a bit when a lawsuit is filed. GEICO blinks more than most. They usually switch adjusters when a lawsuit is filed and the new adjuster promptly throws the old one under the bus and say the claim was undervalued.
In two of those three cases, the insurance company settled the case for reasons that had nothing to do with the fair value of the case; the other was a wrongful death claim. Sometimes, our clients do take the first offer, particularly in smaller cases, because of personal considerations. There is nothing wrong with this as long as you fully understand that you are probably leaving a lot of money on the table if you take the first offer or even settle without filing suit. The payouts are often higher if you file suit. This is particularly true in more serious injury cases.
We have handled hundreds of claims against GEICO and have helped a lot of people get the money they deserve for their injuries. For help in your fight, call us at 800-553-8082 or fill out this brief free claim evaluation form.