STORY FROM: COVID-19 Litigation Report
Proposed Class Action Says GEICO Charged ‘Excessive’ Premiums During COVID-19 Pandemic
July 24, 2020
CHICAGO — GEICO has been hit with a proposed class action in Illinois federal court accusing it of failing to adequately refund auto insurance premiums in light of the COVID-19 crisis and related stay-at-home orders, which led to a dramatic reduction in driving and fewer accidents.
In a July 22 complaint filed in the U.S. District Court for the Northern District of Illinois, plaintiff Briana Siegal says GEICO has “scored a windfall” during the pandemic by charging policyholders “unconscionably excessive” premiums during the pandemic.
Siegal contends that beginning in mid-March, the number of miles driven by individuals has dropped dramatically ...