GEICO lowered my rate
- Thread starter LeoC2
- Start date
RE: GEICO lowered my rate
Leo;
Glad to hear that the rates are going down somewhere. Here in Ontario they are skyrocketing. My recent renewal is up 8%. I now pay $631.00 for six months. I know that this is still a good rate but I have been with State Farm for 23 years on my own insurance and have a 6 star rating with every discount, and we carry an umbrella policy for extra liability.
One of the girls in the office had a $1000.00 acident and her insurance carrier refused to renew. She now pays $3000.00 per year for her vehicle alone. She used to pay $3000.00 for two cars and house insurance.
Leo;
Glad to hear that the rates are going down somewhere. Here in Ontario they are skyrocketing. My recent renewal is up 8%. I now pay $631.00 for six months. I know that this is still a good rate but I have been with State Farm for 23 years on my own insurance and have a 6 star rating with every discount, and we carry an umbrella policy for extra liability.
One of the girls in the office had a $1000.00 acident and her insurance carrier refused to renew. She now pays $3000.00 per year for her vehicle alone. She used to pay $3000.00 for two cars and house insurance.
RE: GEICO lowered my rate
Insurance in New Jersey wasn't too bad, UNTIL Christine Whitman (R) was elected on a soap box of promisses, none of which were ever fulfilled. One of the first things that she did was to give a golden parachute to the then Commissiner of Insurance of NJ. She then appointed a former President of an automotive Insurance company to replace him. The comissioner of auto insurance (former) job was to be a watch dog over the insurance industry, so that ended that, with Whtman appointing one of their own to watch over them. During Whitman's TWO terms (she hood-winked the dumb voters a 2nd time) the Insurance Council requested 9 rate increases. 8 were granted !!
Therefore.....
2003 Lincoln Town Car $2,800 @ yr
2001 Jeep Cherokee LT $2,800 @ yr
Equals $ 5,600.00 @ yr. For the two cars!
Now.....we talk the Special interest cars!
3 ascMcLarens at $249 a year = $747.00
1 Cadillac 60 Spcl $249.00 @ yr. = $ 996.00 a year for 4 cars WITH WAY BETTER INSURANCE COVERAGE ON THEM, than on the "users"....
By the way, Geico was banned by her from doing business in N.J. !! Something about an UNfair advantage to the OTHER companies.....
('Ya....Cheaper Rates)
Insurance in New Jersey wasn't too bad, UNTIL Christine Whitman (R) was elected on a soap box of promisses, none of which were ever fulfilled. One of the first things that she did was to give a golden parachute to the then Commissiner of Insurance of NJ. She then appointed a former President of an automotive Insurance company to replace him. The comissioner of auto insurance (former) job was to be a watch dog over the insurance industry, so that ended that, with Whtman appointing one of their own to watch over them. During Whitman's TWO terms (she hood-winked the dumb voters a 2nd time) the Insurance Council requested 9 rate increases. 8 were granted !!
Therefore.....
2003 Lincoln Town Car $2,800 @ yr
2001 Jeep Cherokee LT $2,800 @ yr
Equals $ 5,600.00 @ yr. For the two cars!
Now.....we talk the Special interest cars!
3 ascMcLarens at $249 a year = $747.00
1 Cadillac 60 Spcl $249.00 @ yr. = $ 996.00 a year for 4 cars WITH WAY BETTER INSURANCE COVERAGE ON THEM, than on the "users"....
By the way, Geico was banned by her from doing business in N.J. !! Something about an UNfair advantage to the OTHER companies.....
('Ya....Cheaper Rates)
RE: GEICO lowered my rate
I pay $1,100/year after I received the annual 10% dividend. I have full coverage plus I have the no limitation on the Lawsuit Option. In NJ if you get injuries due to the other persons fault in a car accident you can't sue them for pain and suffering unless you have a very sever injury like dismemberment or loss of a fetus. With the no limitation option you can sue for things like whiplash injuries. Also if my issuance company has a good year I get an extra dividend back, I have been getting back about 15% for the past few years so that will lower my cost below a $1,000 for the year.
I pay $1,100/year after I received the annual 10% dividend. I have full coverage plus I have the no limitation on the Lawsuit Option. In NJ if you get injuries due to the other persons fault in a car accident you can't sue them for pain and suffering unless you have a very sever injury like dismemberment or loss of a fetus. With the no limitation option you can sue for things like whiplash injuries. Also if my issuance company has a good year I get an extra dividend back, I have been getting back about 15% for the past few years so that will lower my cost below a $1,000 for the year.
J
joeychgo
Guest
RE: GEICO lowered my rate
$800 for 6 months?????
I have AAA insurance...... (AAA Chicago Motor Club) I pay about $700 a YEAR for full coverage on my mark........ 1000 collision deductible, $50 Comp deductible, 100,000 / 300,000 liability.
And I have a speeding ticket on my record!
http://www.autoclubgroup.com/chicago/welcome.asp
I found out, your comp & collision rates go DOWN if you raise your liability coverage...........
$800 for 6 months?????
I have AAA insurance...... (AAA Chicago Motor Club) I pay about $700 a YEAR for full coverage on my mark........ 1000 collision deductible, $50 Comp deductible, 100,000 / 300,000 liability.
And I have a speeding ticket on my record!
http://www.autoclubgroup.com/chicago/welcome.asp
I found out, your comp & collision rates go DOWN if you raise your liability coverage...........
LeoC2
Registered
RE: GEICO lowered my rate
$700 a year? That's hard to believe, I think you may have something less than I do. Mine is as follows:
Bodily Inj liability 3000,000/300,000
Prop damage 50,000
Persomnal injury 50,000
Addl personal injury 100,000
No fault benefits 150,000
Work loss benefit 4,000 monthly
Other daily expenses 50 daily
Deathh benefit 2,000
Uninsured/under insured motorist 100,000/300,000
Comprehensive 500 deductible full glass
Collision 500 deductible
Emergency road service
Rental reimbursment 750 max
$700 a year? That's hard to believe, I think you may have something less than I do. Mine is as follows:
Bodily Inj liability 3000,000/300,000
Prop damage 50,000
Persomnal injury 50,000
Addl personal injury 100,000
No fault benefits 150,000
Work loss benefit 4,000 monthly
Other daily expenses 50 daily
Deathh benefit 2,000
Uninsured/under insured motorist 100,000/300,000
Comprehensive 500 deductible full glass
Collision 500 deductible
Emergency road service
Rental reimbursment 750 max
J
joeychgo
Guest
RE: GEICO lowered my rate
I have -------
Bodily Inj liability 300,000 / 100,000
Prop damage 50,000
Uninsured/under insured motorist 100,000/300,000
Comprehensive 50 deductible
Collision 1000 deductible
Emergency road service / AAA membership
$ 313.30 per 6 months
I have -------
Bodily Inj liability 300,000 / 100,000
Prop damage 50,000
Uninsured/under insured motorist 100,000/300,000
Comprehensive 50 deductible
Collision 1000 deductible
Emergency road service / AAA membership
$ 313.30 per 6 months
devicemanager
Registered
RE: GEICO lowered my rate
Guys I am with Progressive and live in PA. I can be in NJ in 15 minutes. I pay $1700 a year for 2 cars, 300/300. I am 31, wife is 29, I have 1 speeding ticket and I just bought a house this past Christmas. Beat that!
Guys I am with Progressive and live in PA. I can be in NJ in 15 minutes. I pay $1700 a year for 2 cars, 300/300. I am 31, wife is 29, I have 1 speeding ticket and I just bought a house this past Christmas. Beat that!
RE: GEICO lowered my rate
I'm thinking of switching to GEICO from AAA. Mine is due at the end of the month, and for two cars and the same coverage as before, GEICO is almost $400/year less than AAA.
John
http://mark8.org/users/johnaec/Mark_VIII_s.jpg
'97 Mark VIII LSC
'96 T-Bird 4.6L
I'm thinking of switching to GEICO from AAA. Mine is due at the end of the month, and for two cars and the same coverage as before, GEICO is almost $400/year less than AAA.
John
http://mark8.org/users/johnaec/Mark_VIII_s.jpg
'97 Mark VIII LSC
'96 T-Bird 4.6L
RE: GEICO lowered my rate
I'm paying $1200 for six months for my one and only car through Geico. $500 deductible, no glass, with $100k limits. I am happy 'cause it went way down after my ticket went off my record (so I currently have a clean driving record). Progressive, in this case, was about the same, but from my non-empirical experience, Geico is the better company.
I'm paying $1200 for six months for my one and only car through Geico. $500 deductible, no glass, with $100k limits. I am happy 'cause it went way down after my ticket went off my record (so I currently have a clean driving record). Progressive, in this case, was about the same, but from my non-empirical experience, Geico is the better company.
dirty old man
Registered
RE: GEICO lowered my rate
Geico will never get a dime of my money, regardless!
They make a practice of going around the USA buying radar and laser units and giving them to small town police depts. for their use in setting up speed traps.
I know this because twice over the past years they have bought units for my home town, and it was reported in the local newspaper.
Geico will never get a dime of my money, regardless!
They make a practice of going around the USA buying radar and laser units and giving them to small town police depts. for their use in setting up speed traps.
I know this because twice over the past years they have bought units for my home town, and it was reported in the local newspaper.
RE: GEICO lowered my rate
Geico sucks! Yeah, they are cheap, but that shows when you have to make a claim. I was with them about 8 years ago. I was in a little fender bender and they would let me go to only one body shop in the Twin Cities. The body shop didn't do a very good job either. I changed companies son after that. Maybe they have gotten better since then, but I don't want to find out.
Geico sucks! Yeah, they are cheap, but that shows when you have to make a claim. I was with them about 8 years ago. I was in a little fender bender and they would let me go to only one body shop in the Twin Cities. The body shop didn't do a very good job either. I changed companies son after that. Maybe they have gotten better since then, but I don't want to find out.