A totaled vehicle can lead to enormous financial losses—made worse when the auto insurer fails to pay policyholders the full amount after the accident. Here’s what vehicle owners should know about vehicle loss class action lawsuits.
Plaintiffs in the Geico class action lawsuit claimed the negligence to pay sales tax and regulatory fees violates California state law and the company’s insurance policies. Members in the class action lawsuit against Geico can receive payment for unpaid regulatory fees and unpaid sales taxes.
If your vehicle is considered totaled after an accident, you should get an insurance settlement that includes the cash value of the car as well as other replacement costs such as sales tax and vehicle registration fees. It is important to understand what goes into a total loss car insurance.
