Car Insurance Master Thread

[smee123]

of course. They'll pro rate you a refund.

Thanks!
Are you a broker?

[KidOOO]

NY resident here, do i have to tell geico about a speeding ticket in NJ from 4 yrs ago when getting a quote ?
And how about getting rear ended? Is that considered an accident (that they would care)?
TIA

IME tickets from NJ do not ever show up on your NY record

[smee123]

IME tickets from NJ do not ever show up on your NY record

Thanks iv'e heard that about points, not insurance

[ariIs]

Anyone had success recently of having insurance companies lower their rates?
I tried filling out a dummy application online with the same carrier that I have (geico), and it comes out to about $400/year lower than what they're charging me now.
Other co's all quoted higher than what I'm paying now, so I don't really want to switch to a different carrier, just get them to lower my rates .

[ckmk47]

Anyone had success recently of having insurance companies lower their rates?
I tried filling out a dummy application online with the same carrier that I have (geico), and it comes out to about $400/year lower than what they're charging me now.
Other co's all quoted higher than what I'm paying now, so I don't really want to switch to a different carrier, just get them to lower my rates .

Did the dummy application have notice of all your claims, tickets and drivers?
Call geico and ask them to lower it.  they may.
Keep us informed.
good luck.

[ariIs]

Did the dummy application have notice of all your claims, tickets and drivers?
Call geico and ask them to lower it.  they may.
Keep us informed.
good luck.

The geico app had all the drivers, etc. with slightly different names/addresses
I'll probably be giving them a call tomorrow, will update this with what happens.

[YSP]

http://ifawebnews.com/2010/10/26/geico-accused-of-%e2%80%98deceptively-selling%e2%80%99-auto-insurance-policies/?sms_ss=email&at_xt=4cd18881e292767f,0

Not all insurance policies are created equal!

[ariIs]

http://ifawebnews.com/2010/10/26/geico-accused-of-%e2%80%98deceptively-selling%e2%80%99-auto-insurance-policies/?sms_ss=email&at_xt=4cd18881e292767f,0

Not all insurance policies are created equal!

Are you trying to point out problems with geico or that specific insurance policy?

All insurance companies will have problems. The problems in the article are pretty benign - someone didn't realize what coverage she had, and is now trying to sue the insurance company for not having her sign enough papers.
If anything, geico is much more clear about the various coverages and how much they cost on their website than many other insurances.
Thankfully I have not had to file a claim with them, but my dad had to twice, and never had any problems with them paying - which is what really matters.

All policies are different of course, which is why I priced out the exact same coverage limits as I currently have for an apples-to-apples comparison.

[ariIs]

An update on this:

I called Geico, as said I got a better quote elsewhere. Even after a long conversation they did not want to lower the rate.

Went back to website, and without logging in to my acct, got a new quote with all my info (but did not give them ssn). Got the same lower quote as before. Called them back and told them that their website gave me a lower quote. After verifying that all the coverage limits are the same as my current policy, they lowered my premium to the new quote!

Spent about 30 min on phone, saved 400/year!

[ckmk47]

An update on this:

I called Geico, as said I got a better quote elsewhere. Even after a long conversation they did not want to lower the rate.

Went back to website, and without logging in to my acct, got a new quote with all my info (but did not give them ssn). Got the same lower quote as before. Called them back and told them that their website gave me a lower quote. After verifying that all the coverage limits are the same as my current policy, they lowered my premium to the new quote!

Spent about 30 min on phone, saved 400/year!

[springles]

Does shopping around for quotes from several companies give you several hard pulls? Do they do a hard pull for a quote?

[YSP]

Does shopping around for quotes from several companies give you several hard pulls? Do they do a hard pull for a quote?

No, Each one is a soft hit and doesn't affect your credit

[schneury]

A few months ago someone borrowed my car and got in an accident, insurance (geico) paid out already but now they are asking for the police report, is there any reason why I should or should not give it to them? Could this make a difference in how it could affect my premiums?

[YSP]

A few months ago someone borrowed my car and got in an accident, insurance (geico) paid out already but now they are asking for the police report, is there any reason why I should or should not give it to them? Could this make a difference in how it could affect my premiums?

It most likely will affect your premiums.

HOWEVER, if you shop for a new quote you won't be surcharged for it.

PM me and I can explain exactly how it works

[rivkao]

I got a quote from Geico for about half of what I'm paying now. ($700 lwss for half a year!) I checked all benefits and looks like same. Does it make sense? Should I purchase it?

[YSP]

I got a quote from Geico for about half of what I'm paying now. ($700 lwss for half a year!) I checked all benefits and looks like same. Does it make sense? Should I purchase it?

They do have a reputation.

http://ifawebnews.com/2010/10/26/geico-accused-of-%E2%80%98deceptively-selling%E2%80%99-auto-insurance-policies/

[rivkao]

They do have a reputation.

http://ifawebnews.com/2010/10/26/geico-accused-of-%E2%80%98deceptively-selling%E2%80%99-auto-insurance-policies/

according to the info they provided me it seems that everything I have up till now through a different carrier is the same. Secondly, other quotes they provided me with same benefits were double. What does it mean?

[sillypainter]

I got a quote from Geico for about half of what I'm paying now. ($700 lwss for half a year!) I checked all benefits and looks like same. Does it make sense? Should I purchase it?

I had the same thing, was amazed. I now pay $400 for 6 months.

[rivkao]

I had the same thing, was amazed. I now pay $400 for 6 months.

and your happy with it?

[Dan]

Never made a claim with geico, but boy were they cheap compared to everyone else. I pay $300 per 6 months for 2 cars.