Beware of Geico
Jan 5, 2009, 07:27 PM
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Beware of Geico
Guys,
Geico insurance rates went up for me. So when i asked my insurance to be cancelled, they said "Germany law prevents contracts to be cancelled". Since when was insurance a contract? I've been moving to and fro insurance companies for ages.
Long story short, you can cancel your insurance for non-payment. Don't let them fool you about "contact laws". Just don't pay for the following month and they will release you. Thank God for USAA which saved me $1500/yr.
Geico insurance rates went up for me. So when i asked my insurance to be cancelled, they said "Germany law prevents contracts to be cancelled". Since when was insurance a contract? I've been moving to and fro insurance companies for ages.
Long story short, you can cancel your insurance for non-payment. Don't let them fool you about "contact laws". Just don't pay for the following month and they will release you. Thank God for USAA which saved me $1500/yr.
good to hear u got cheaper insurance
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Jan 6, 2009, 12:59 AM
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Your paying that much with an Evo? I took a huge hit coming over here. My USAA prem. in FT Drum NY (NY has one of the highest insurance premiums in the USA) I was paying $120 w/ 2 Drivers with 200 deductible. I come over here and I am paying $306 a month (my insurance went up $16 it was $290 without my VW Scirocco, which is weird for some reason I am paying more for having a Scirocco but if I had a Golf I would save $60 a month) with 500 Euro deductible. They reason they told me it went up so high was its a Japanese car and it would cost alot to replace anything. No tickets for 7 years and over 25 discount included.
Jan 6, 2009, 09:14 PM
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Even if you have more driving time than your Wife? My Wife has only had her license for the last 2 years and I have had it for 11 maybe I will call USAA and see if that lowers the my bill. I agree with Geico, they quoted me before I PCS'd here $8000 a year which is ridiculous.
Jan 23, 2009, 09:29 PM
#14
I am switching to Atlantic Trust since USAA switching their rating plan on me. Last year I was paying $2600' ish for full coverage on the evo and the BMW. Now with their policy changes (which they say it now reflects their state side coverage), it went to $4200. Atlantic Trust has me at $2280/yr and my deductable is half of what USAA had me at. The down side is no electronic withdraw - you either pay it up front, give them dated checks, or walk in every month.
Jan 24, 2009, 09:28 PM
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Altantic Trust, is that some insurance company that usually setups up shop out the gates of the bases. I'm gonna have to give them a call and see, dated checks aren't that bad, I listed my Wife who has a clean record as the primary driver and it only saved me 60 dollars a year with USAA.