Got a notice in the mail today that GEICO has decided to raise my rates by 300%!!! No, that is not a typo. Said it was for two main reasons: 1) my daughter got her drivers permit and 2) I got a recent ticket for not yielding. That ticket i just (stupidly) did not fight. This increase is for the 3 cars i own and they are clear about the fact that my daughter will not be driving the Spyker anytime soon.
I was blown away...on the tickets front, I have a couple, not a lot...GEICO seemed particularly concerned with me having "equipment tickets", which turned out to be tickets for not having a front license plate! For that plus my daughter getting her permit and driving perhaps 2 hrs per week, they raised my rates over 300%
Even after I spoke with underwriters, supervisors and everyone but that obnoxious gecko, I still got a "gee, thats our policy response.". Needless to say I called one of their competitors and got a quote that was cheaper than my original quote from GEICO.
So much for all the BS competitive pricing commercials!
I was blown away...on the tickets front, I have a couple, not a lot...GEICO seemed particularly concerned with me having "equipment tickets", which turned out to be tickets for not having a front license plate! For that plus my daughter getting her permit and driving perhaps 2 hrs per week, they raised my rates over 300%
Even after I spoke with underwriters, supervisors and everyone but that obnoxious gecko, I still got a "gee, thats our policy response.". Needless to say I called one of their competitors and got a quote that was cheaper than my original quote from GEICO.
So much for all the BS competitive pricing commercials!
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