The Consumer Federation of California Education Foundation (CFC Foundation) is calling for GEICO to refund hundreds of millions of dollars to California auto insurance policyholders after claiming that the insurer is overcharging customers who are driving less and filing fewer collision claims due to the COVID-19 pandemic.
The consumer group alleged in a petition that GEICO is violating a bulletin issued last month by state insurance commissioner Ricardo Lara, which mandated that auto insurers should issue refunds and credits to policyholders for coverage for the months of March and April.
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