GEICO
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GEICO A Loan Company, Not An Insurance Company Internet, Internet
*General Comment: Things got over $1K...........
1Author
3Consumer
1Employee/Owner
I have had a GEICO policy on my motorcycle for years. A few months ago, while parking, I ran over a stone which caused me to slightly dent the rear bumper of a parked car.
I reported it to GEico and the auto was repaired at a cost of about $500.
I was paying a premium of about $200 per year.
I just received my renewal and they have doubled my premium to $400.
I have had no tickets or accidents prior to this incident.
So, in fact, Geico is making me pay back the $500 and who knows how much more.
Screw them.
Meanwhile I gave all truthful info, including this claim, to Progressive and got the same amount of insurance for $145.
Click Here to read other Ripoff Reports on GEICO
REBUTTALS & REPLIES:
1Author
3Consumer
1Employee/Owner
Updates & Rebuttals
#1 Consumer Comment
AUTHOR: mr rik - miami (USA)
SUBMITTED: Thursday, August 04, 2011
POSTED: Thursday, August 04, 2011
a smart consumer.
#2 Consumer Comment
AUTHOR: Adolph - Homosassa (USA)
SUBMITTED: Thursday, August 04, 2011
POSTED: Thursday, August 04, 2011
Last year I (at fault) took out the side of a Buick Lucerne with my motorhome. My premiums on ALL 5 of my insured vehicles promptly doubled. My FIRST "at fault" accident in over 50 years of driving.
.
Against my better judgement, I was obliged to lower my coverage limits just to pay what I felt I could justify for "insurance". I then reduced my fleet of seldom driven vehicles to two.
.
Insurance companies: 'ya gotta' love em........NOT!
#3 Employee
AUTHOR: strawberryshortcake - virginia beach (United States of America)
SUBMITTED: Wednesday, October 05, 2011
POSTED: Wednesday, October 05, 2011
The accident depends on the state that policy is set up in. Most are being converted so an accident with less than 1 k will not affect your rate, but there is still a few out there that is not the case
#4 Consumer Comment
AUTHOR: Adolph - Homosassa (USA)
SUBMITTED: Thursday, October 06, 2011
POSTED: Thursday, October 06, 2011
Between the Buick @ $7000. +/-and my motorbox @ $3000. +/-we shot the hell out of $1K. Plus the aging female in the Buick (who else drives Buicks in FL?) had to have a "check up" which fortunately only disclosed she was OLD. Even older than I; that's OLD.
