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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Using a "No Name" Insurance for your Car (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/using-no-name-insurance-your-car-352702/)

GWilliams 09-06-2024 09:31 AM

If they are not rated A+ they will go under during a crisis.

Glowing Horizon 09-06-2024 11:45 AM

Insurance is only worthwhile if they pay claims.

If they don’t pay claims, you are not “saving” money.

Dgodin 09-06-2024 08:16 PM

Gecko?
 
Quote:

Originally Posted by Michael G. (Post 2367162)
A podcast I listen to talked about "name brand" insurance Companys, (Gecko, State Farm, Progressive etc.)
that are ripping people spending their income that's spent on ads with the customer paying for through premiums.

They suggest go with a "no name" insurance company for cheaper premiums that advertises less,

Check the top-rated Companys in the U.S.

Your Thoughts

Insurer Report Card

Gecko (GEICO) and State Farm are "no name"
I dont understand.

We've used GEICO for years. They handled our auto accident claim promptly, paid all the bills, and gave us a rental during repairs, which took 3 weeks.

They are a good insurance company.

CoachKandSportsguy 09-07-2024 10:00 AM

Quote:

Originally Posted by Stu from NYC (Post 2367169)
I have been wondering about this but a no name insurance company could be a risk on top of a risk

We have Amica at home, no name ranked B+
Have never had issues with them and just a few accidents.

Aces4 09-07-2024 10:08 AM

We went with a "no name insurance company" about 5-7 years ago and will never go back to the big names.:BigApplause:

Ever since big name insurance companies went public, there is more interest in feeding the stockholder vs the insured. IMHO.

Michael G. 09-07-2024 10:58 AM

Trouble with ANY insurance, you pay and pay for years, then when you have a claim with them,
they give you a song and dance because you're not covered, bastards. :mad:

dewilson58 09-07-2024 11:25 AM

Quote:

Originally Posted by Michael G. (Post 2368262)
Trouble with ANY insurance, you pay and pay for years, then when you have a claim with them,
they give you a song and dance because you're not covered, bastards. :mad:

That's why you: have to read the paper.
Don't assume.

The best paper in the industry is Chubb.

Two Bills 09-07-2024 03:48 PM

Quote:

Originally Posted by Glowing Horizon (Post 2367841)
Insurance is only worthwhile if they pay claims.

If they don’t pay claims, you are not “saving” money.

But you never find out until after you pay the money with any insurance company.
Big, small, or indifferent!


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