I like many GEICO adjusters and lawyers. I like Warren Buffett. But I don’t like GEICO. This new opinion by a California appellate court in Mazik v. GEICO after a jury slapped GEICO reminds me why.
Mazik v. GEICO Facts
The plaintiff suffered a crushing type of foot fracture of his left calcaneus (heel) in a car crash. This is a tough injury. We can all agree that the value of an injury like this is more than $100,000, right? The plaintiff received policy limits of $50,000 from the at-fault driver’s insurer. The plaintiff sought an additional $50,000 from GEICO for underinsured motorist coverage (his policy was more than the at-fault driver). The plaintiff accident attorney says he asked GEICO four times to pay the policy limits. But GEICO refused.