Insurance giant GEICO, Government Employees Insurance Company, says it will pay $6 million to settle a complaint accusing the company of unfairly over charging poor, low-and-moderate income women, and single drivers.
The complaint was filed by the Consumer Federation of California, or CFC. GEICO says it will stop the practice.
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The CFC said GEICO charged those targeted drivers as much as 54 percent more than other good drivers for a minimum-limits policy.
Any California consumer who believes he or she overpaid for insurance as a result of receiving an inflated online GEICO quote should contact the Consumer Federation of California by phone at (916) 498-9608, or by email at mail@consumercal.org