Switching to Geico
You guys may have remembered that I had to add honey to the car insurance in December. I was told that this would double my payments because of various reasons. Okay. In January I received a bill for the amount I normally pay so I paid it.
Then about halfway through the month I got an update from the insurance saying what all the changes were. There was no mention of the price so I just paid what it said on the bill I received.
I go to check the bill for February and it is more than three times what I normally pay. I think I started to hyperventilate and I blacked out for a while. When I regained consciousness I decided to go online to shop for insurance.
I tried Progressive and got a six month total that was about $150.00 lower than my current six month total. And this was with a higher level of coverage than I am under right now.
I tried another company and got the total about $200.00 lower. This is great I thought. Each new company I try gives me a lower total at a higher level of coverage.
Then honey says “try Geico. I want the lizard thingy.” It is a gecko not a lizard..but I digress!
I tried Geico and got a total that was now about $300 lower than what Allstate is charging me.
Honey immediately says “you are doing something wrong. Call them to verify.” So I call the geckos and the amount is correct. If I switch to Geico I WILL save a bundle on my car insurance.
So I say I will call the lovely Allstate people who I have been with for ages. I get the run around. My agent is the only one who can talk to me about this and he is not in right now. I will need to call back tomorrow. Why? Is he now going to offer me the rate that Geico gave me? Ha I doubt it.
Tomorrow I will call them armed with my new rates and see what happens.
By the way I was informed that the bill for February is that high because I did not pay the full amount for January.
Oh it is my fault now. I pay the bill online. There were times they needed to make updates and they charged me the difference online and then sent me a paper bill to confirm it and told me I had to come in and pay by a certain date.
But this time nothing was done…and I called. They said it was okay but now it is my fault. Fine. I am switching to Geico.
Related Posts
- Car insurance update
- Monthly Financial Check Up: December 2011
- Paid Off My Car!!!
- What is $1725?
- COBRA (No Not The Snake And Not That Crazy Dude From G.I. Joe)
4 Responses to “Switching to Geico”
Trackbacks/Pingbacks
-
[...] Check out the latest edition of the Carnival of Personal Finance over at Five Cent Nickel today. As usual there are tons of great reads and my humbel submission on Switching to Geico and saving on my insurance payments. [...]
-
[...] I just made the first electric check out to my car insurance where I was able to save money by switching to Geico. I will track how that goes and then all the bills where I always HAVE to write a paper check will be switched over to the Electric Orange account. Remember you still have time to get an Electric Orange account once you have an Orange savings account. [...]
I actually got the best deal from allstate. Not even sure how I got but I have no coverage whatsoever. A tad scary…
There’s no way to tell which insurance company will do you better. They have so many things they look at to set rates that I bet no two people are getting the same rate even at the same company. Every time my insurance is up for renewal I check rates at other companies. The minute I get a better rate, I’m either switching or telling Geico (who I’ve had since I started driving) to lower my rate or I’m gone. It’s all about money with insurance. Not caring agents, not customer service. Just lower rates for the best coverage.