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Home  »  Consumer Reviews  »  CONSUMER  »  Would not negiotate settlement on my car that burned.
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Would not negiotate settlement on my car that burned.
Apr 1, 2008
Geico complaint by Mrma
When my 1993 BMW caught fire and burned, I received a call from the adjuster with a settlement offer of $3200. I told the adjuster that the offer was laughable and that I would not accept that amount. I was told at that time that Geico would not negotiate. That was their offer and it would not change.

One week later, I was notified by mail that the adjuster and her boss had gone and reinspected the car and that they were lowering the offer to $2600. I do not know at this time what will happen next. Do we not have the right to negiotate?

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Quote this article on your site | Views: 228

  Comments (3)
RSS comments
1. Written by Mike, on 06-07-2008 05:52

go hire your own ajduster to reappriase the car and take it to court is about the only option you have

2. Written by try this, on 25-06-2008 21:55

You can't just tell the insurance company "you are low balling me and I wont accept your offer". If you have no information to support your side of the negotiations, you aren't negotiating. You are making unreasonable demands. Thats just the nature of what a negotiation is...

3. Written by Chris, on 10-04-2008 13:17

Anything new happen with the estimate?

Comments on Would not negiotate settlement on my car that burned.

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