Geico

[emh87]

I find it pretty funny that we have the same cars, mine is an 03 audi though. We do have similar quotes it would see. I will look into progressive, and see if it's lower than what I am paying now.

Would be even funnier if we lived near each other! :cheers:

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[yellowragtop]

Do This

Raoh, you just need to get quotes from "everyone" you can. Someone will offer you a special rate, which may last for only a year.

Try this company: Kemper Preffered (ekemper.com). I had a good deal with them, then they raised my rate, so I went to geico and the rate dropped.

You might also look into finding some random insurance broker. They usually know someone who simply has a lower rate.

Also something else: Geico is known to lower their rate but usually they do that if you already have geico, and then you fax them proof with a quote from someone else...and sometimes geico will match it, so they keep you as a customer.

Do not assume the rate you found at Geico is the lowest you will find. It is not. First get quotes from 50 companies. You will see...

 

[daltron]

If you're in so cal, get wawanesa.
I pay 115 a month with a 500 deductible at age 21.

Just did a quote for them for a GT. 28, married, clean record, $93/month. However, BIL 15K/30K, PDL 100K, UMP 15K/30K, deductible $500.

Not bad on price, but the low coverage worries me, especially since 100K is their PDL max.

We have Geico, did an online quote and got $95/month but our coverage is much higher. I'd imagine Wawanesa would give a discount for multi-vehicle too, but their max coverage is too low for me IMO.

 

[klumpikat]

It's hell getting older

Aww, don't tell folks that. For me, life only improves as I get older (I turn 47 tomorrow).

OK...the body is getting weird and creaky, I give you that; but mentally things get a little better each year. I believe it is all about the attitude ;)
:cheers:

Back on topic...my insurance increased $40/mo with State Farm. Clean record. Don't care!

 

[Fisticuffs]

Dam...I have Geico 2 cars $250 deductible on both and live in Miami and I pay $190 a month plus I just had a claim on the mustang for about a grand or so due to a big ass dent.

Insurances are funny if I called State Farm or Allstate I could very well be paying $400 a month. Not to mention I'm only 28

 

[GB John]

$67.00/mo. full coverage. 51 years old and not in an urban environment.

 

[GTP]

Here are some tips.

1. First, model a quote online, instead of using the phone. The website will pull up the cars that it thinks may be at your house address. Make sure the car that the 19-yr old teenager had and has long since moved out is not still listed. (He could get the keys and joy ride your powerful sports car.)
2. Next, add a second car that is old enough so that you will not take out comp/coll on. So they are off the hook if it gets totaled. Make this your daily commute car, and the Mustang your pleasure car.
3. Be realistic about total miles per year.
4. Last, realize that megadata software has already profiled you as "loyal customer", "shop around and switch guy", or something in between. If you are the former, then you know that corporations reward loyal customers with higher rates. So don't hesitate to switch (or ask for a rate match).

So it comes down to two things (for any given location): their risk (probability of claim, and amount of claim), and what the market will bear. There are a LOT of TV ads as we all know, which drives up their cost while at the same time proving there are many competitors (driving down their margin).

 

[Raoh]

Raoh, you just need to get quotes from "everyone" you can. Someone will offer you a special rate, which may last for only a year.

Try this company: Kemper Preffered (ekemper.com). I had a good deal with them, then they raised my rate, so I went to geico and the rate dropped.

You might also look into finding some random insurance broker. They usually know someone who simply has a lower rate.

Also something else: Geico is known to lower their rate but usually they do that if you already have geico, and then you fax them proof with a quote from someone else...and sometimes geico will match it, so they keep you as a customer.

Do not assume the rate you found at Geico is the lowest you will find. It is not. First get quotes from 50 companies. You will see...

Why would they raise the price after 6 months? Isn't that deceptive advertising?

 

[Raoh]

Here are some tips.

1. First, model a quote online, instead of using the phone. The website will pull up the cars that it thinks may be at your house address. Make sure the car that the 19-yr old teenager had and has long since moved out is not still listed. (He could get the keys and joy ride your powerful sports car.)
2. Next, add a second car that is old enough so that you will not take out comp/coll on. So they are off the hook if it gets totaled. Make this your daily commute car, and the Mustang your pleasure car.
3. Be realistic about total miles per year.
4. Last, realize that megadata software has already profiled you as "loyal customer", "shop around and switch guy", or something in between. If you are the former, then you know that corporations reward loyal customers with higher rates. So don't hesitate to switch (or ask for a rate match).

So it comes down to two things (for any given location): their risk (probability of claim, and amount of claim), and what the market will bear. There are a LOT of TV ads as we all know, which drives up their cost while at the same time proving there are many competitors (driving down their margin).

Good information, I have a confirmed quote from esurance for 225. I will call geico on monday and see if they can match it since I have been with them for nearly 5 years now, and I have made one claim, nearly 5 years ago.

 

[2011mustang]

How are they on actual claims? I have never made a claim for stuff that's happened to a car before, outside the one accident I had. But I feel like I might be more willing to make a claim on a brand new car, than older beat up ones like I am used to.
EDIT

Just looked into it, they don't sell insurance in NY sadly.

They are pretty good on claims. You can pretty much go where you want to get it repaired and they are pretty accommodating. My car is being repaired right now cause someone ran a stop sign and hit me in the side. As long as you aren't at fault in the accident they don't raise your rate even if you go through them to repair it.

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