Insurance Scam GEICO

Discussion in 'The Rockies – It's all downhill from here...' started by elgato gordo, Feb 8, 2012.

  1. elgato gordo

    elgato gordo KTMRFS

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    Just got a new insurance policy for my new to me SV650. GMAC $33/yr for just liability. GEICO quotes $136/yr but I have a 3 year old ticket for 10mph over so they change the quote to $238/yr.:eek1
    #1
  2. Mac

    Mac Long timer

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    Did you tell them about the ticket, before you got the original quote?
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  3. modette

    modette TrailTaker.com

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    You got to admit Mac, 10 years on a ticket!!! Is a little nuts to be asking about. I have never been asked to go that far back. I would actually have NO IDEA. So don't bust his balls about maybe not remember something as simple as a ticket 10 years prior.

    GEICO
    Government Employee Insurance Company - Before they went public and that is when they went downhill.

    I had AAA in MI, they were the cheapest and their agents did stuff for you, not how it works here in CO. So I went back to Progressive - never an issue and I used them on a car claim, it was fine and they were fast. They never asked to go back 10 years...LOL And they only wanted to know points not tickets.

    I heard USAA can be good, I tried and my quote was through the roof *shrug* They say call around every year or so and shop yourself around especially if you have a clean record. I would say 10 years is clean for any companies I have asked.
    #3
  4. Mac

    Mac Long timer

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    Quoted, for reading comprehension... :evil

    Read his post again. He said three years, 10 mph.

    ... and a recent ticket may make me a non-GEICO customer soon. 9mph over, otherwise clean for 5 years - amazingly.
    #4
  5. thump_co

    thump_co ..ouch

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    USAA is awesome for auto, home, renters, life, etc. No hassle with paying claims and I've never received a quote even close from a competitor.... but they don't do bikes. It gets farmed out to Progressive.. You get a "Progressive for USAA customers" program with a co-branded website and phone support.
    #5
  6. Assfault

    Assfault Exposed Member

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    "You got to admit Mac, I should keep my mouth shut!!! Im a little nuts to be posting about. I have never been asked to post in anybodies thread. I actually have NO IDEA. So don't bust my balls about maybe not remembering something as simple as a reading and comprehending."


    Fixed!
    #6
  7. Mac

    Mac Long timer

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    :rofl
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  8. Blakebird

    Blakebird r-u-n-n-o-f-t

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    :photog
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  9. TaterHarry

    TaterHarry Redneck Emeritus

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    Almost every company is going to ding you for a ticket if it's been 3 years or less. There are some really broad disparities in moto insurance costs, and it definitely pays to shop around, but caveat emptor, as I have read some horror stories from riders who went cheap on the insurance (mostly small, out-of-state firms)..Penny wise and pound foolish :deal

    Disclaimer: I am a loyal Geico customer. I have had only good experiences with their claims and I appreciate the 24/7 service (not sure you would get that with GMAC :dunno). They really went to bat for me when my old R80 was crunched by an asshat in a minivan. I also carry my cage and homeowners insurance with them and get a pretty good discount. I have shopped around in the past, and for example, Progressive gives me a much better rate on the bikes, but the insurance on the truck is much higher :eek1 so it ends up being a wash.
    #9
  10. StmbtDave

    StmbtDave AKA Invisible Dave

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    ... and I believe better rates the regular Progressive customers. The downside is you still have to listen to Flo chatter away while you're on hold :lol3.

    Dave
    #10
  11. DADODIRT

    DADODIRT Long timer

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    You do realize some of your premium pays for a little green lizard to tell us jokes?:deal
    #11
  12. unaweep

    unaweep Uses lotsa band-aids

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    FYI- GEICO is owned by Bershire Hathaway- Warren Buffet's company. :D
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  13. Utah Bones

    Utah Bones Gas X ready!

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    Why do people use Geico or Progressive when there's many other insurance companies way cheaper for the same policy?
    #13
  14. unaweep

    unaweep Uses lotsa band-aids

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    Amica and Chubb are the only decent insurance companies out there. They are a bit more expensive, but they actually provide the coverage they sell, unlike virtually every other ins co.
    #14
  15. thump_co

    thump_co ..ouch

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    USAA is as good as any when it comes to paying. This is from personal experience of losing our home and virtually everything we own to fire a few years back. Like any insurance company, when you start talking big money you have to stand up for yourself and argue, but they did the right thing and we didn't need attorneys.

    Several contractors have told me USAA, Chubb and Amica are the best to work with. I've heard horror stories about State Farm and Allstate.
    #15
  16. Geek

    Geek oot & aboot

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    What weight of synthetic oil do you prefer in the winter?




    :hide
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  17. modette

    modette TrailTaker.com

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    I think we can find horror stories with any insurance company. For that matter good stories too.

    My parents have State Farm, low rates...and when a washer hose broke during the night and flooded the house while I was living there (they were overseas) they went far beyond what you would expect. But it has to do with the claims agent / adjuster....that guy was impressed at the WORK I did to CLEAN the place while waiting the week for them to come out. He said most people would LEAVE the water and let it mold up, I sprayed bleach/water on everything, I bought a shop-vac and sucked up the water in the basement.

    For this, they classified my parents items, unique from around the world as ART. Which simply means name a value and we pay it. My parents had replacement cost anyways. So yeah, they have been real happy with State Farm.

    Could of all went differently if the adjuster has an ass.

    I said Progressive was good on working with us on my wife's last Ford Edge. But I had them before and their repair center was a joke when I had major damage to a Ford Explorer. Again depends where you are, who you deal with.

    AAA - We have had a roof claim out here, shingles blown off a section...they wrote it up as hell damage and handed ME a check, then I haggled with a company and paid him. I was out of pocket $20 for the whole new roof. Some will praise AAA...no I got an easy going person was all.

    Then with our windows last year, almost every glass pain was leaking. I call AAA for the hell of it and they come out. They ended up Covering like $8,000 after the $1,000 deductible was taken off...so we got ALL new windows for $10K...heck they even went back and paid me for the Mil-guards I had put in, in the basement...I still had the wood window seal that showed water stain.

    So yes I would recommend AAA, but at the end of the day I would not say the company as a whole came to bat for me. I just been lucky with a few adjusters. I'm friendly tot hem when they come, I offer them something to drink, I'm not demanding. This ends up reflecting on your service at the end of their day when they are submitting the reports...you want to be the FRIENDLY person not the one that made them wish for a career change.

    As for the ticket being 3 years only...ops on my part. Secret is liability only on a motorcycle...I know I know this opens up a debate. When I bought my 2001 FZ1 in 2000 (yes I paid to have the FIRST), I had to go with liability only back in MI that was like $200 a year, later with a few tickets it was like $250 a year, moved here it dropped to $100 a year, after the 99 in a 65 ticket it went back to $200. 48K miles, only time I DROPPED the bike it was my fault in TN on the interstate...I was riding like a young asshat that I was. I damaged it, so I fixed a few things and lived with the road rash (it adds character). Before that on my new 1999 Kawasaki Ninja 250 I paid a whooping $60 a year for liability only in MI where insurance is HIGH due to NO fault. My wife's 2004 Honda 599, we paid $350 in MI and like $250 here in CO for full coverage....I was worried more about theft on hers as she road it to work.

    Word of advise, never talk UP your motorcycle. Always talk down about it to strangers. The one time I lived in an apartment a kid from the complex was installing the garage door open (special deal) and saw my FZ1, he was asking too many question for a non rider), I looked at him and said "This thing is a piece of junk with the transmission issues and other issues, it's not worth much).....he became not interested at all. I have always done that, you avoid theft if they think the item is SHIT.

    Anyways, shop around....
    #17
  18. modette

    modette TrailTaker.com

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    You tell me:

    [​IMG]
    #18
  19. unaweep

    unaweep Uses lotsa band-aids

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    This is absolutely, unequivocally the worst advice ever given on this forum.

    "Liability only" means that you are ONLY insuring anyone and everyone BUT YOU!!!!

    Seriously- how often are bikers at fault for a collision? Even if we are at fault, how often do we severely injure someone? The vast majority of the time, some cage knocks us off the road. Then, we have to rely on their insurance coverage. The minimum liability coverage in CO is 25k. How much hospitalization will that cover?

    The law mandates that we have liability coverage. Uninsured and underinsured motorist coverage is offerred on all policies and you have to proactively opt out of it if you don't want it. It's just plain CRAZY to opt out!

    Your UM/UIM coverage can only be as high as your liability coverage- in other words, if you buy 25k in liability coverage, you can only buy up to 25k in UM/UIM coverage. 100k liability means you can buy 100k UM/UIM. Personally, I have 500k coverage.

    No offense Modette- but your advice here is dangerous.
    #19
  20. TaterHarry

    TaterHarry Redneck Emeritus

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    You've obviously never followed the posts in GSpot :lol3
    #20