GEICO states that three days is the average time it takes to complete the settlement process. Take that number with a grain of salt and understand that this happens when people accept the first offer. How long it takes for GEICO to send a settlement check depends largely on numerous circumstances. This could take weeks, months, or longer if you decide to start litigation.
There is no average GEICO settlement for car accidents or an average GEICO personal injury settlement in California. Largely due to the company's direct marketing efforts to the consumer, many GEICO policies are sold directly to the policyholder without the help of a local insurance agent. GEICO and insurance companies in similar situations have specialized legal teams and know that they have the upper hand in negotiations. Car Accident Lawyer Car accidents can result in a wide range of injuries, from minor scratches to life-threatening conditions.