Inscrit le: 26 Déc 2017
Moyenne de points: 1,00
|Posté le: Sam 28 Avr - 11:42 (2018) Sujet du message: GEICO rate increase: 49% annualized?!
We switched to GEICO in November, and now for our May renewal, we're seeing a 22.2% rate increase for the six months, or 49% annualized! I called, and they gave me the standard line: It's nothing we've done, we have a perfect driving record, but premiums are going up as the cost of claims rises. But 49%? Really?!
This is for a two-vehicle policy, liability only, in Colorado.
Anyone else seeing the same thing for upcoming GEICO renewals?
Or did we fall prey to some practice of offering a teaser rate for the first six months to get us signed up? I've never heard that GEICO does this, but it's hard to fathom a 49% annualized increase.
Any help will be apprecited.
I didn't find the right solution from the Internet.
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