15 mins could save you 15% with gieco...

[Yellowboat]

Just got a qoute from them... thier 6 month policy was only $43 less then my 1 year policy...

 

[HOOTER SLED-]

Someone needs to just shoot that dumbass fucking gecko already. All lip service.

 

[Cole Trickle]

Just got a qoute from them... thier 6 month policy was only $43 less then my 1 year policy...

Atleast there commercials are catchy


Geico is no threat in the world of decent priced insurance companies:beer

 

[maxwedge]

Just wait to you experience the $43 less worth of service.

 

[RitcheyRch]

They wouldnt even come close to AAA for me.

 

[Ziggy]

The operative word in their tagline is "COULD"

 

[ChumpChange]

At least they sponsor offshore boat racing. Give them credit for that.:thumbsup

 

[Flying_Lavey]

Yeah I dont even try those things. I had an insurance guy give me the pitch once and I told him if he could beat what I was paying monthly now I would absolutely go to him. Well after I told him about the 2 vehicles and the boat you could see his eye brighten thinking he has me hooked for sure. Then I told him how much I pay a month and his jaw dropped and he just walked away! It was hilarious!

 

[BoatCop]

It doesn't matter which company you go with. They all play the same game. I went GEICO and had some killer rates. Then they started inching up year after year. Went up 200 a year in 5 years. Switched to AIG. More killer rates. But they, too began inching up every year. 150 bucks in 2 years. All of this with no claims, and decreasing vehicle value.

I'm now with Progressive, and my rates (3 cars and a MH) have actually dropped after the first year. My boat rate is about 1/2 of what it was originally with them 2 years ago. Lower than the GEICO rate 10 years ago.

They'll low ball you the first, then they'll start raising them. And of you call them on it, they'll give you a song and dance. Best thing to do is check other companies, and then call yours and let them try and beat their rate. If not, send them packing.

 

[Yellowboat]

I've actually had the opposite with liberty mutual. My rate has droped about 25% in the last 3 years. I have had 3 claims as well, 2 theft one vandalizm.( not to mention getting rear ended several times...) Only reason why I have been shoping around latly is they won't cover my boat. Then again, I'm too honest when it comes to the questions they ask.

 

[Cole Trickle]

It doesn't matter which company you go with. They all play the same game. I went GEICO and had some killer rates. Then they started inching up year after year. Went up 200 a year in 5 years. Switched to AIG. More killer rates. But they, too began inching up every year. 150 bucks in 2 years. All of this with no claims, and decreasing vehicle value.

I'm now with Progressive, and my rates (3 cars and a MH) have actually dropped after the first year. My boat rate is about 1/2 of what it was originally with them 2 years ago. Lower than the GEICO rate 10 years ago.

They'll low ball you the first, then they'll start raising them. And of you call them on it, they'll give you a song and dance. Best thing to do is check other companies, and then call yours and let them try and beat their rate. If not, send them packing.

Not always the case.....

Insurance companies have to file rate changes with the department of insurance long before you see them.

Do insurance companies make profits....sure

Do they make as much as people assume....absolutely not

A good average loss ratio for a company is 50%. In bad years of fires or rainy driving it can be higher. Then you factor in commision paid to agents (15-18%) and cost of overhead (30%) and you see that there could be good and bad years. Whhen there are bad years or there is a segment where you are loosing money (car type,location,age,etc...) you need to adjust.

Farmers,Allstate, State Farm all had a terrible year(well more than 50% loss ratio) do to fires in CA and will be increasing there rates to account for that.

When rates are good the insurance companies are typically using the moneys taken in a and playing them in stock market. When the market sucks and intrest on money accts sucks they adjust rates accordingly.

Our company (Mercury) hasn't had a negative rate increase in a couple years.

With that said geico is know for fluctuating more than most.

 

[stoker]

Not always the case.....

Insurance companies have to file rate changes with the department of insurance long before you see them.

Do insurance companies make profits....sure

Do they make as much as people assume....absolutely not

A good average loss ratio for a company is 50%. In bad years of fires or rainy driving it can be higher. Then you factor in commision paid to agents (15-18%) and cost of overhead (30%) and you see that there could be good and bad years. Whhen there are bad years or there is a segment where you are loosing money (car type,location,age,etc...) you need to adjust.

Farmers,Allstate, State Farm all had a terrible year(well more than 50% loss ratio) do to fires in CA and will be increasing there rates to account for that.

When rates are good the insurance companies are typically using the moneys taken in a and playing them in stock market. When the market sucks and intrest on money accts sucks they adjust rates accordingly.

Our company (Mercury) hasn't had a negative rate increase in a couple years.

With that said geico is know for fluctuating more than most.

Cole, do you work for Mercury?

 

[HOOTER SLED-]

Cole, do you work for Mercury?

No........he works for GAYco.:skull

 

[WATERDOG]

I'm with Mercury on the cars. I have lots of them. Always looking to save a buck so I called Gecko. Rates more than double AAA, Progressive or Mercury. I asked about their Guanteed lowest rates. The sales person said the lowest rates were only for those with multiple DUI's.

 

[TPC]

The only ticket I have in the past 12 years,, I think maybe even 15 years is a 45 in a 35 in Parker.
It raised my AAA auto policy $300 for 4 years.

$1200!!!
In addition to the fine and fees which totaled around $200.

 

[WATERDOG]

The only ticket I have in the past 12 years,, I think maybe even 15 years is a 45 in a 35 in Parker.
It raised my AAA auto policy $300 for 4 years.

$1200!!!
In addition to the fine and fees which totaled around $200.

My wife got one for 42 in the 35 zone in Parker. Cop pulled her over in front of the 55 sign heading to Havi.

 

[Angry Inch]

I might pay a few hundred more a year with State Farm; but, they offer services that I feel are priceless: i.e. not ordering cheap replacement parts when you F-up your ride; and, being able to call your agent directly, none of this press one for english bullshit.

:beer

 

[BoatCop]

The only ticket I have in the past 12 years,, I think maybe even 15 years is a 45 in a 35 in Parker.
It raised my AAA auto policy $300 for 4 years.

$1200!!!
In addition to the fine and fees which totaled around $200.

Shoulda opted for Traffic School.

 

[Flying_Lavey]

I might pay a few hundred more a year with State Farm; but, they offer services that I feel are priceless: i.e. not ordering cheap replacement parts when you F-up your ride; and, being able to call your agent directly, none of this press one for english bullshit.

:beer

Yeah i got State Farm also and my dad gre up with our agent and hes REALLY into boating. So when it came time to insure my boat I told them I wasnt too sure if they would be able to do it cause I have a 200hp merc on an 18' boat and he said "Dont worry. Ill take care of it". And since he knew I grew up around boats he gave me the previous boaters discount. Pretty goos shit. 100% full coverage on my '01 Silverado Z71, '97 Saturn SC2, and my little 1985 18' outboard comes out to $110 a month! Not too bad I dont think

 

[TPC]

Shoulda opted for Traffic School.

Not available as far as we could find.

 

[TBI]

Those sumbitches would have to charge a bunch to pay for all those commercials

christ they have about four different campaigns going all at the same time :smackhead

 

[BoatCop]

Not available as far as we could find.

It should have been. It's available for anything up to 35 MPH over. (below 85 MPH)

You got screwed.

 

[Cole Trickle]

Cole, do you work for Mercury?

I am a mercury agent....

I don't work for them.

If you have any other questions feel free to shoot me a pm

 

[Cole Trickle]

Yeah i got State Farm also and my dad gre up with our agent and hes REALLY into boating. So when it came time to insure my boat I told them I wasnt too sure if they would be able to do it cause I have a 200hp merc on an 18' boat and he said "Dont worry. Ill take care of it". And since he knew I grew up around boats he gave me the previous boaters discount. Pretty goos shit. 100% full coverage on my '01 Silverado Z71, '97 Saturn SC2, and my little 1985 18' outboard comes out to $110 a month! Not too bad I dont think

State Farm is a good reputable company.:beer

There prices are so/so. The reason your rate is so good is your agent pulled some strings or perhaps misrepresented you. State Farm dosen't underwrite as tough as AAA,Mercury,etc...

My wife was with them before I added her to my acct. She recieved a good student discount for many years after she quit school because the agent was a family friend...

If I quote it its either good or not. I complete the application as required to the best of my knowledge wether its my family,friend or some joe blow off the street.

No commision is worth jeapordizing my agency or lic.

 

[cicchetti_24]

Ok so I this is gonna be my first post since joining. I found this to be interesting first I've had 21st for 12 years now. I am now 28 and I have shopped my ins to everyone to see what they will give me and not one ins company has come close. I have no accidents no tickets no points. I pay 550 every 6 mons for full coverage plus add't equipment coverage and uninsured motorist. my deductable is 500 bucks. I had my rear-end go out on my tahoe on a dirt road and they paid for the fix. They have been great to me! I Now have an 07 Durango and my rates havent changed. I had progressive for my boat its a 95 Commander with a 454 jet I was paying almost 600.00 a year with a 250 deductable. I just switched my insurance on my boat to foremost and I pay 285.00 a year with a 250 deductable

 

[TPC]

Ok so I this is gonna be my first post since joining. I found this to be interesting first I've had 21st for 12 years now. I am now 28 and I have shopped my ins to everyone to see what they will give me and not one ins company has come close. I have no accidents no tickets no points. I pay 550 every 6 mons for full coverage plus add't equipment coverage and uninsured motorist. my deductable is 500 bucks. I had my rear-end go out on my tahoe on a dirt road and they paid for the fix. They have been great to me! I Now have an 07 Durango and my rates havent changed. I had progressive for my boat its a 95 Commander with a 454 jet I was paying almost 600.00 a year with a 250 deductable. I just switched my insurance on my boat to foremost and I pay 285.00 a year with a 250 deductable

Pays to shop,, and welcome to the best Watersports forum on the net!:beer

Wifie doesn't like the term watersports,, sounds porno to her,, but she won't be logging on tonight so I'll get way with it,, or let me say,,The Best Water Motorsports forum on the net.

We saved a boatload of money switching our AAA boat ins to Westmar.
And far better service and coverage.

 

[Mrs.HLB]

I might pay a few hundred more a year with State Farm; but, they offer services that I feel are priceless: i.e. not ordering cheap replacement parts when you F-up your ride; and, being able to call your agent directly, none of this press one for english bullshit.

:beer

Thanks for being a SF policyholder. I work for an agent. Let me know if you ever have any questions or concerns..

Mrs.HLB