GEICO Raised My Insurance Rate 50% for Nothing!
goddam...seems like insuarance cost is killing peeps up in here. why dont you guys check out GMAC insuarance. im 25 and pay only 794 for 6 month. 3 speeding tickets and 2 not at fault accidents. also having good credit and a long history of auto insurance helps out.
I hate Geico. They use to be a really good company now they penny pinch everyone. 
Switch insurance. I had tons of trouble trying to get them to pay out on claims in the past. One time they put all used parts on my car and would only pay for used parts.
Switch insurance. I had tons of trouble trying to get them to pay out on claims in the past. One time they put all used parts on my car and would only pay for used parts.
Originally Posted by BBYBruno
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!
And there are plenty of repeat posts about a lot of things. Who made you the thread police? Damn, let people vent if you don't like it don't read it.
the insurance companies can and will fu_k with you whenever they want , its just the way it is and will always be until something is done about it!!!! this very same thing happened to me some years back, complete BS !!!!
Frank
Frank
Originally Posted by Cirrusly Evolvd
And there are plenty of repeat posts about a lot of things. Who made you the thread police? Damn, let people vent if you don't like it don't read it.
Ok great back on topic. Your insurance went up 50% with Geico possibly because they have had ALOT of claims this year which drives premiums up, and also the Evo was pretty high on those most stolen/accident list so that had something to do with it.
Solution: Get a different insurance provider.
Solution: Get a different insurance provider.
Originally Posted by Apoartar
I’m 47 years old, no speeding tickets, no accidents, no points on my license. I’ve been a GEICO customer for over 20 years – all without incident – incredibly enough. I bought my 2004 Evo new and have paid approximately $1,000 a year for full coverage. I’ve had this rate for almost two and a half years with GEICO.
Suddenly on my current bill, they’ve raised the rate to approximately $1,500 – a 50% increase.
Of course, I called them and they claim that the car rating service they subscribe to has increased this model to a class “U” risk, up two classes from its previous class rating. They politely explained to me that it has nothing to do with what other drivers are doing (or crashing) with their cars, but that it is solely because the cost of parts has increased to repair it.
My policy is up for renewal in mid December. Has anyone else who has GEICO received a recent invoice with such a huge increase?
Of course I love driving my Evo and don’t want to replace it with a Buick just to lower my insurance
!
Thanks!
Suddenly on my current bill, they’ve raised the rate to approximately $1,500 – a 50% increase.
Of course, I called them and they claim that the car rating service they subscribe to has increased this model to a class “U” risk, up two classes from its previous class rating. They politely explained to me that it has nothing to do with what other drivers are doing (or crashing) with their cars, but that it is solely because the cost of parts has increased to repair it.
My policy is up for renewal in mid December. Has anyone else who has GEICO received a recent invoice with such a huge increase?
Of course I love driving my Evo and don’t want to replace it with a Buick just to lower my insurance
!Thanks!
My friend got a rediculious quote from Nationwide ones (for an STI). Other friends had good prices. I have the lowest though, but I have been with them for over 5 years
Good luck
Last edited by Evo8; Nov 19, 2006 at 05:06 PM.
Thread Starter
Newbie
Joined: Sep 2003
Posts: 15
Likes: 0
OK, so this is very strange. I also have a 2003 Toyota Tundra that has the exact same coverage as my 2004 Evo. Today I did a web quote from State Farm and here are the details:
It's strange that the Tundra is quoted at 67% more than I currently pay and the Evo at about 21% more. You would think there was some consistency but there isn't - are they just making up the rates?
Last week I had also gotten a quote from Liberty Mutual for the Evo only and it was $1,442 for the year. All of these quotes are for the same coverage options. Keep in mind that from the current GEICO period to the upcoming period absolutely nothing has changed on my end.
I'll be getting more quotes this upcoming week and will let you know what they are. I'm also going to follow up with State Farm to verify/tweak the web quote..
HTML Code:
GEICO Current policy period 6months Annual Tundra $286 $572 Evo $505 $1,010 Total: $1,582 GEICO Upcoming policy period 6months Annual Difference Tundra $278 $556 -3% Evo $753 $1,506 49% Total: $2,062 State Farm Quote 6months Annual Difference from Current policy period Tundra $478 $956 67% Evo $613 $1,226 21% Total: $2,182
Last week I had also gotten a quote from Liberty Mutual for the Evo only and it was $1,442 for the year. All of these quotes are for the same coverage options. Keep in mind that from the current GEICO period to the upcoming period absolutely nothing has changed on my end.
I'll be getting more quotes this upcoming week and will let you know what they are. I'm also going to follow up with State Farm to verify/tweak the web quote..
Evolving Member
Joined: Oct 2005
Posts: 390
Likes: 0
From: southern california
it's wawanesa, and yes they are awesome. my rate stayed the same from the past year. customer service is great and coverage is great. 23 y.o. with 2 cars = 2k a year for insurance. you should definitely check them out. also, i'm not sure about other insurances, but wawanesa covers you in all 50 states as well as canada. only thing with wawanesa is that they won't insure you unless you have a perfect (or close to it) driving record (which i don't think you have anything to worry about).
when i first bought my car, geico wanted 2800-3000 or so a year for only the evo.
when i first bought my car, geico wanted 2800-3000 or so a year for only the evo.
Last edited by llxzxll; Nov 19, 2006 at 08:25 PM.
Thread Starter
Newbie
Joined: Sep 2003
Posts: 15
Likes: 0
Originally Posted by llxzxll
it's wawanesa, and yes they are awesome. my rate stayed the same from the past year. customer service is great and coverage is great. 23 y.o. with 2 cars = 2k a year for insurance. you should definitely check them out. also, i'm not sure about other insurances, but wawanesa covers you in all 50 states as well as canada. only thing with wawanesa is that they won't insure you unless you have a perfect (or close to it) driving record (which i don't think you have anything to worry about).
when i first bought my car, geico wanted 2800-3000 or so a year for only the evo.
when i first bought my car, geico wanted 2800-3000 or so a year for only the evo.
Last edited by Apoartar; Nov 19, 2006 at 11:12 PM.