Geico Sucks! - 2000 Pontiac Firebird accident - didn’t pay for diminished value due to vehicle
My 2000 Pontiac Firebird was involved in an accident that was determined to be not my fault. Thanks to Geico’s insured my vehicle had $2800+ of damages. After getting my vehicle repaired to the best of the body shops ability I had a diminished value report performed on my vehicle. Their report indicated I had $2501.00 of lost value on my vehicle.
Being that the wreck was not my fault, the age of the car and that due to Geico’s insured causing the wreck I filed a claim with Gieco. After speaking to Kelly Bicknell (972-740-1958) and speaking to his boss Greg Shook (972-701-1666) about my claim they indicated that my vehicle was repaired to pre-loss conidtion and that my vehicle did not suffer diminished value. Hello!!!
Didn’t you see the report that faxed and mailed to you. When asked about my report they indicated it was just an appraiser’s opinion subject to interpretation. Essitentially after waiting two weeks they indicated they would not pay what I am entitled to and hung up on me.
For more information see the Texas Department of Insurance website if you are unfamilar with diminished value. For this reason and many others Geico definately sucks and blows at the same time. I have made the decision to also create a website to allow others to post their problems with Geico.
Perhaps eventually get a class-action lawsuit. Unfortunately they already bought www.geicosucks.com but that won’t stop me! Jim
July 10th, 2008 at 12:47 pm
WOW
July 10th, 2008 at 12:48 pm
if you knew what you are talking about… you would know that an insurance company does not OWE you diminished value… in fact, the value should not be diminished if repaired to pre loss conditions…. people are just dense and don’t want to pay as much for a car that has “been in an accident”. but to you i suppose that all you just heard was blah blah blah blah, because theres nothing in it for you? thought so…