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GEICO Raised My Insurance Rate 50% for Nothing!

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Old Nov 18, 2006 | 02:07 PM
  #46  
EVOL EDO's Avatar
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From: SO CAL 626
id switch out of principle. you can find a 1500 policy from any company, im 27 and 1500/yr is the most expensive i got out of esurance.
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Old Nov 18, 2006 | 02:21 PM
  #47  
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From: Los Angeles
Personally I have Esurance, but I have seen quotes from Wawanessa for about $200 less a year.
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Old Nov 18, 2006 | 05:22 PM
  #48  
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Originally Posted by CO_VR4
The claim that a rating increase is based on cost of repair should only affect collision and comprehensive, not liability or uninsured/underinsured premiums. I suspect that they raised the risk factor for all categories, not just cost of repair.
This is correct, the increase of 50% was only for the Collision and Comprehensive part of my policy, but that was most of the cost of the policy.
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Old Nov 18, 2006 | 05:23 PM
  #49  
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Originally Posted by atlvalet
You've never heard of wawanessa because they don't advertise...hence their lower rates.
And I found out they don't insure in Hawaii, only in California and Oregon. Oh well.
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Old Nov 18, 2006 | 05:36 PM
  #50  
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Im sure someone has said this before, but Im gettin amazing rates from progressive, Im on my own plan at 18 and I only pay 2400 a year for full coverage. Now if your 47 im sure they can give you a way better rate than that. Not to mention I live in florida, one of the highest cost to insure states in the country, if not the highest.
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Old Nov 18, 2006 | 05:46 PM
  #51  
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Your insurance is too expensive even before the increase, I pay $50/month for my IX MR.
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Old Nov 18, 2006 | 05:58 PM
  #52  
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From: Maine
get allstate man, i have 10 tickets and my rate is better than my buddys who has an srt with 3 tickets
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Old Nov 18, 2006 | 06:04 PM
  #53  
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From: Igloo
While a 50% increase in premiums could just be due to the high cost of parts as they stated, it's possible that Geico simply does not want to insure Evo's anymore. This same problem happened with fox body 5.0 Mustangs (80's-90's). By the mid 90's, some insurance companies would not insure them. Instead of sending cancellation notices, they just raise rates very high giving you motivation to find another insurer.
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Old Nov 18, 2006 | 06:15 PM
  #54  
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in usa today a while back, the evo was the #1 stolen car. i also have geico and my rates have not changed.
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Old Nov 19, 2006 | 05:55 AM
  #55  
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From: Omaha, NE
man, you guys are gettin jacked....State Farm quoted me $98/month for my IX MR...I'm 23
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Old Nov 19, 2006 | 06:25 AM
  #56  
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From: High-Plains Desert
Originally Posted by BBYBruno
I don't understand why everyone is bi***ing about there insurance rates. You drive an Evo, the premium is going to be more then other cars. Sell it if your going to keep whining.

I don't understand what you just added to this conversation....
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Old Nov 19, 2006 | 09:41 AM
  #57  
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Same thing happened to me. I joined Geico for a year, then the next year they sent me a bill for about 50% more. I went somewhere else. There are plenty of good insurance companies out there, and most likely a few of them will be about the same or cheaper than what you were paying.

Mike
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Old Nov 19, 2006 | 09:47 AM
  #58  
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Originally Posted by Cirrusly Evolvd
I don't understand what you just added to this conversation....
For people to stop f**king complaining about there insurance rates. Theres tons of threads about this same topic, and it's getting old. If you'de like cheap insurance sell the Evo and buy a grand am!
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Old Nov 19, 2006 | 09:53 AM
  #59  
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From: San Diego
esurance is the cheapest for me...i dont use them but they are 50 less a month
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Old Nov 19, 2006 | 10:00 AM
  #60  
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From: North Georgia
A lot like the original poster - 45, no tickets / no accidents in 10 years. Here are my last six, 6 MONTH payments with Geico for 2003 VIII and 2001 Durango. . .
$904.60
$932.00
$927.20
$971.30
$840.70
$930.90
. . . No idea why it dropped for 6 months and then back up. So paying about $1860 a year.
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