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Just when you thought you heard everything; 5.2 million dollar verdict awarded.

apparently the Geico person who received initial notification of the incident thought it was BS and ignored it. Went to arbitration and the gal (?) won, big time. Geico may not be able to win an appeal since they were notified beforehand and chose not to become involved. I bet everyone's insurance policy will have a STD exclusion added to it shortly.
 
Vehicle Insurance

:gaah:......Well, you can guess what this means. Your vehicle insurance costs will skyrocket. Welcome to the Real World. .....:spyder:
 
EdMat said:
apparently the Geico person who received initial notification of the incident thought it was BS and ignored it. Went to arbitration and the gal (?) won, big time. Geico may not be able to win an appeal since they were notified beforehand and chose not to become involved. I bet everyone's insurance policy will have a STD exclusion added to it shortly.
Click to expand...

I keep thinking about this. It now seems to me that the jury was rightfully punishing Geico for violating its own binding arbitration clause. If so, right on!
 
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UtahPete said:
I keep thinking about this. It now seems to me that the jury was rightfully punishing Geico for violating its own binding arbitration clause. If so, right on!
Click to expand...

Are you referring to they (Geico) didn't show up to make their case before the judge? How can she (the plaintiff) prove that was the first and only time she had sex with that Geico customer.

By the way, what part of the auto insurance coverage is/was this covered under? The only thing I can think of is the liability part of the insurance, where the passenger is covered during an accident. If it is, each policy has its maximum. So, wouldn't the amount owed (to the plaintiff) be that amount?
 
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wyliec said:
Are you referring to they (Geico) didn't show up to make their case before the judge? How can she (the plaintiff) prove that was the first and only time she had sex with that Geico customer.
Click to expand...

No, from what I understand, she had a claim for a much lesser amount, which Geico denied. The insurance policy probably had a binding arbitration clause, so she took it to arbitration and won because Geico didn't defend themselves at arbitration. Geico refused to honor the arbitration decision and so she took them to court and won, because they had violated their own arbitration clause.
 
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