A man in Atlanta, Georgia faced a serious financial challenge after his stolen car was recovered because he suddenly had to make two car payments. That might seem weird or unbelievable, but his situation sadly isn’t as rare as you might believe. Sadly, a similar thing could happen to you one day.
Woman was left inside her car, critically injured, to die in a tow yard.
As the man told Atlanta News First, his Infiniti Q50 was stolen, but after a period of time, Geico paid him out for the lost vehicle. He turned around and bought a replacement car, an Audi A4, believing the matter was settled.
However, not too long after the Q50 was found and the insurance company canceled the settlement. This put the guy in a bind because he already financed the Audi as a replacement, leaving him with two car payments to make.
As anyone with a backbone would do, the man disputed the decision made by Geico. But after two months of trying to reason with the insurance company and getting nowhere, he finally decided he needed help.
This sort of situation could happen to you. While we could say the guy should’ve waited until the insurance settlement was written in stone and truly a done deal, he likely believed the Infiniti was gone forever. Plus, he needed a car to get around and we’d be willing to bet Geico had been paying for a rental but had ended that as well.
In other words, he acted out of good faith and got burned. That’s when the guy reached out to the investigative team with Atlanta News First. After being contacted by an investigative reporter, Geico magically reversed its decision to cancel the settlement on the stolen Infiniti.
The last thing insurance companies need these days is bad press. And that’s really your best tool at this point if you find yourself in a similar situation: find a local journalist who will champion your cause, getting the insurance company to fold.
You can also hire an attorney, but that costs more. We definitely don’t think anyone in that kind of situation should just lie down and let the insurance company walk all over them.
Image via Rachel Hammoud/Facebook