GEICO Raising Rates?????
#1
Registered User
Thread Starter
Join Date: Apr 2005
Location: Houston, Texas
Posts: 130
Likes: 0
Received 0 Likes
on
0 Posts
GEICO Raising Rates?????
So I just got my renewal notice for insurance in the mail with Geico, and apparently the Z is classified differently than it was in the last six months as a car that is "not as safe as was once considered to be." They said that this is across the board though and an independent company researched this for them so they had to change the code on the Z's, OMG WHAT BS! I found out the info on that when I called them up and asked what the deal was. Now they want like $280/mo from me for insurance on the car! I'm 23/m and single and have a couple of tickets too needless to say. I'm not sure what to do about this, I still have a month to go on my policy as you pay in advance on these types of deals and I'm paid up so far. Does anyone have any reccommendations on what company to go with? Any help would be great and I would switch easily if there was a marked difference in price, Thanks Guys!
#5
Registered User
iTrader: (6)
Join Date: Apr 2005
Location: Dallas, TX
Posts: 1,298
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Joeys_z
That's funny...I have Geico and my 6 month premium is 385.00. 27yo male clean record tier 1 beacon.
I have GEICO, I'm 30 and I have no claims for the last 7 years.
My 6 months coverage is $605.
Here's the break down on my coverage:
2004 NISSAN 350Z
BODILY INJURY LIABILITY $25,000/$50,000
PROPERTY DAMAGE LIABILITY $15,000
UNINSURED MOTORIST BODILY INJURY $25,000/$50,000
UNINSURED MOTORIST PROPERTY DAMAGE $15,000
COMPREHENSIVE (OTHER THAN COLLISION) N/A $500 DED
COLLISION N/A $500 DED
EMERGENCY ROAD SERVICE N/A NON-DEDUCTIBLE
RENTAL REIMBURSEMENT $600
#6
Registered User
Join Date: Aug 2005
Location: Lakewood, Colorado
Posts: 81
Likes: 0
Received 0 Likes
on
0 Posts
You guys might check out Esurance.com. They literally cut my old rate in half although I don't own a Z yet. I have full coverage on a 2003 Spec-V and a 2005 Legacy for myself (24 yrs old, one ticket) and my wife (24 yrs old, no tickets) and pay $720 every 6 months.
It really saved me a ton of money as most other companies were looking to charge us $1,400 for the exact same coverage.
As an interesting side note - the Spec-V costs more to insure than the new Legacy.
It really saved me a ton of money as most other companies were looking to charge us $1,400 for the exact same coverage.
As an interesting side note - the Spec-V costs more to insure than the new Legacy.
Trending Topics
#9
Registered User
Thread Starter
Join Date: Apr 2005
Location: Houston, Texas
Posts: 130
Likes: 0
Received 0 Likes
on
0 Posts
Dude for six months its like $1,650 or something, and that's with all $1,000 ded's. I guess I'll shop around and see what's up, I think the whole deal is a scam really but what can you do. Anyways, When you have a lein on a car then you have to insure it fully anyways.
#11
Registered User
iTrader: (2)
Join Date: Dec 2004
Location: Dallas, TX
Posts: 1,942
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by zedated
keep in mind that rates vary by location...
#14
Registered User
Join Date: May 2005
Location: California
Posts: 392
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by mchong75
What? what type of coverage and deductibles do you currently have?
I have GEICO, I'm 30 and I have no claims for the last 7 years.
My 6 months coverage is $605.
Here's the break down on my coverage:
2004 NISSAN 350Z
BODILY INJURY LIABILITY $25,000/$50,000
PROPERTY DAMAGE LIABILITY $15,000
UNINSURED MOTORIST BODILY INJURY $25,000/$50,000
UNINSURED MOTORIST PROPERTY DAMAGE $15,000
COMPREHENSIVE (OTHER THAN COLLISION) N/A $500 DED
COLLISION N/A $500 DED
EMERGENCY ROAD SERVICE N/A NON-DEDUCTIBLE
RENTAL REIMBURSEMENT $600
I have GEICO, I'm 30 and I have no claims for the last 7 years.
My 6 months coverage is $605.
Here's the break down on my coverage:
2004 NISSAN 350Z
BODILY INJURY LIABILITY $25,000/$50,000
PROPERTY DAMAGE LIABILITY $15,000
UNINSURED MOTORIST BODILY INJURY $25,000/$50,000
UNINSURED MOTORIST PROPERTY DAMAGE $15,000
COMPREHENSIVE (OTHER THAN COLLISION) N/A $500 DED
COLLISION N/A $500 DED
EMERGENCY ROAD SERVICE N/A NON-DEDUCTIBLE
RENTAL REIMBURSEMENT $600
Property Damage Liability
This coverage protects you when you are involved in an automobile accident that causes damage to another persons automobile/property and you are found to be legally liable. It also provides coverage to you and your resident relatives while driving a rented vehicle or when you borrow a vehicle from a person who is not a member of your household. Your policy also extends coverage to someone who operates your automobile with your permission and that person is not subject to any valid endorsement or exclusion. This coverage also pays for related expenses incurred as a result of a lawsuit filed against you.
#15
Registered User
iTrader: (15)
Join Date: Aug 2005
Location: Downtown Los Angeles
Posts: 872
Likes: 0
Received 0 Likes
on
0 Posts
okay none of you guys can COMPLAIN about your INSURANCE rates... i'm 17/m, been in 4 accidents (totals), 2 speeding, 2 improper lane change, and 1 running red light.
my 1000 deductible every 6 months from geico is 3634. yes that's correct three thousand six hundred and thirty four dollars.
my 1000 deductible every 6 months from geico is 3634. yes that's correct three thousand six hundred and thirty four dollars.
#16
350Z-holic
iTrader: (22)
Join Date: Jul 2003
Location: Texas
Posts: 13,983
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by angelzhope720
okay none of you guys can COMPLAIN about your INSURANCE rates... i'm 17/m, been in 4 accidents (totals), 2 speeding, 2 improper lane change, and 1 running red light.
my 1000 deductible every 6 months from geico is 3634. yes that's correct three thousand six hundred and thirty four dollars.
my 1000 deductible every 6 months from geico is 3634. yes that's correct three thousand six hundred and thirty four dollars.
#17
Registered User
iTrader: (1)
Join Date: Jul 2005
Location: Rock Hill, SC (Charlotte)
Posts: 128
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by angelzhope720
okay none of you guys can COMPLAIN about your INSURANCE rates... i'm 17/m, been in 4 accidents (totals), 2 speeding, 2 improper lane change, and 1 running red light.
my 1000 deductible every 6 months from geico is 3634. yes that's correct three thousand six hundred and thirty four dollars.
my 1000 deductible every 6 months from geico is 3634. yes that's correct three thousand six hundred and thirty four dollars.
In fact, if you did all that listed above in a Z, then you are one of the ones helping the rates for ALL Zs go up.
#19
Registered User
Join Date: Jul 2005
Location: Colorado
Posts: 1,494
Likes: 0
Received 0 Likes
on
0 Posts
GEICO sucks hardcore!!!
I'm 23, clean record, etc. and they wanted to charge me ~$300/mo for my '04 350 Z.
I am going through ANPAC and pay $112/mo. for full coverage.
I'm 23, clean record, etc. and they wanted to charge me ~$300/mo for my '04 350 Z.
I am going through ANPAC and pay $112/mo. for full coverage.
#20
Registered User
Join Date: Aug 2005
Location: San Mateo
Posts: 1,225
Likes: 0
Received 0 Likes
on
0 Posts
Try Esurance
+1 on the Esurance. I'm in Northern Cali and my 6 month premium is $520 with the same coverage as MCHONG75. 30 years old with no claims for the last 4 years. Keep in mind that the rates may be different depending on location and zip code... and btw, Geico sucks.. they gave me a ridiculous quote when I did it online... so yeah, check out Esurance..