What is the lawsuit about?

Plaintiff alleges that GEICO Indemnity Company breached its contracts (Automobile Insurance Policies) by failing to fully pay Plaintiff and other New Jersey insureds who submitted physical damage claims for their vehicles during the Class Period, and which resulted in a Total Loss Claim Payment. Specifically, Plaintiff alleges that GEICO Indemnity failed to pay full Replacement Fees following a total loss. GEICO maintains that it complied with the terms of the Automobile Insurance Policies and applicable law and denies that it acted wrongfully or unlawfully and continues to deny all material allegations.

How do I know if I am part of the Settlement Class?

You may be a member of the Settlement Class if you insured a vehicle for physical damage coverage under a New Jersey personal automobile policy that defined “Actual Cash Value” under Section III of the policy as “the replacement cost of the auto or property less depreciation and/or betterment” issued by GEICO providing personal auto physical damage coverage in the class period, who made a first-party claim under the policy for physical damage to their insured vehicle during the Class Period, whose claim was adjusted as a total loss under their policy’s comprehensive or collision coverage, and who was not paid full Replacement Fees.

The Class Period is May 6, 2014 through January 1, 2020 for a vehicle you owned or financed, and May 6, 2014 through August 1, 2020 for leased vehicles.

Policyholders of Government Employees Insurance Company are not members of the Settlement Class. If you already received full Replacement Fees as part of your Total Loss Claim Payment, you are not part of the Settlement Class.

How do I receive a payment?

To receive a payment, you must submit a Claim for payment of unpaid Replacement Fees. You can submit a Claim by signing the Claim Form you receive in the mail, carefully tearing at the perforation, and putting the Claim Form in the mail. A blank Claim Form is available on the Important Documents page.

If you submit a Claim Form in the mail, it must be postmarked no later than January 3, 2025. If the address you submit on your Claim Form changes, you must contact the Claims Administrator to provide a current address or you may not receive your Settlement Class Member Payment.

You can also submit a Claim on the Submit a Claim page by entering your Claimant ID with unique PIN or valid total loss claim number. Online Claims must be submitted by 11:59 p.m. EST on January 3, 2025.