Quote:
Originally Posted by Chatbrat
We insure with Geico--since we have great health insurance- we decided to drop uninsured motorist insurance- it saves us close to $500/yr
Geico advised us to do it
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First of all let me admit that I am prejudiced against GEICO.
Many years ago, I was on a legal parking lot, my car was properly parked and the engine was off. This was pre-smart phones. I happened to have a camer in the car and took pictures. I had the name address and phone number for a witness-a repair guy who was up on a ladder and say the whole thing. He was laughing at what had happened.
My policy included a rental car. I had a $500 deductible.
GEICO never contacted my witness. They lost my pictures so I had to print another set and AGAIN sent them return receipt. It took them almost two years to recover my deductible. As to the rental car I still remember the line I was given we will see what we can allow. After it was all over GEICO reminder I was totally innocent just in the wrong place with a ...........
All the companies are great till you have a claim. Other than for advertising and perhaps asking other villagers complete with perhaps like me with their own prejudice and perhaps bad experience the insurance companies are rated for customer satisfaction.
As to your report that your GEICO agent told you to drop UNINSURED COVERAGE and you saved almost $500. There is clearly a lot of missing information. Perhaps, you have a very expensive car or perhaps your driving record is not very good. You might check with other companies. You might consider raising your deductibles-self insuring part of any potential loss.
Way shortened family story. My niece, sister's daughter, was rear ended by a young ILLEGAL ALIEN driving with no license and no insurance. My niece's car was totaled as it rolled over. More important her are was crushed by the car. It was a question if she was going to loose the arm.
She still has it but it is mostly useless. My sister far more liberal than I, is now against illegal aliens. According to my sister. The illegals were not deported. The girls father bought her another car. The insurance company never went after them for the damages. AND SINCE THEY HAD NO INSURANCE AND NO SHOWING ASSETS NO ATTORNEY WOULD GO AFTER THEM ON A CONTINGENCY BASIS.
IMPORTANT FOR ALL-you need to regularly shop your insurance. You/we think if your are a loyal long time customer you get a better rate. Sadly that is not so.
The company sees you are a long term customer, they know you are not shopping so they feel free to raise what YOU pay.