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  • Report:  #32924

Complaint Review: geico - Washington District of Columbia

Reported By:
- lompoc, ca,
Submitted:
Updated:

geico
one geico plaza Washington, 20076-0001 District of Columbia, U.S.A.
Phone:
800-841.3000
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
I have been with geico for over 5 yrs. just when my policy should be getting cheaper (it states in their liturature that all policies decrease if you stay with the company) they are adding $266.60 every six months because other drivers are costing them.

My own record of driving and payment to this company is excellent. I am in the health field and now they say they not longer offer that discount, and part of this $266.60 increase comes from there! - bull - the health care discount is still in their liturature!

the other lame reason given for the increase was: other bad drivers and their accident claimes have driven up all geico accounts statewide! this must be illegal. I'm calling the calif insurance commision to get some legal advice.

C

Lompoc, California

Click here to read other Rip Off Reports on GEICO Insurance


6 Updates & Rebuttals

Rick

lakeland,
Florida,
State Filings

#2UPDATE EX-employee responds

Wed, November 20, 2002

I am a former employee of GEICO, and a licensed Property and Casualty (220) Insurance agent in the state of Florida. All insurance companies must file with the state in advance any rating/premium changes that will take place, and have these filings approved by that state's Department of Insurance. There are many reasons that could cause increases with a particular policy-- changes in vehicle, changes in coverages, changes in age of drivers, tickets and accidents, etc. as well as sometimes there are across the board rate increases due to increased costs/inflation. Each company uses different criteria to determine rates based on what works best for that company. If GEICO's rates are too high, then shop around... that's the beauty of living in a capitalistic society-- you can always go somewhere else.


Rick

lakeland,
Florida,
State Filings

#3UPDATE EX-employee responds

Wed, November 20, 2002

I am a former employee of GEICO, and a licensed Property and Casualty (220) Insurance agent in the state of Florida. All insurance companies must file with the state in advance any rating/premium changes that will take place, and have these filings approved by that state's Department of Insurance. There are many reasons that could cause increases with a particular policy-- changes in vehicle, changes in coverages, changes in age of drivers, tickets and accidents, etc. as well as sometimes there are across the board rate increases due to increased costs/inflation. Each company uses different criteria to determine rates based on what works best for that company. If GEICO's rates are too high, then shop around... that's the beauty of living in a capitalistic society-- you can always go somewhere else.


Rick

lakeland,
Florida,
State Filings

#4UPDATE EX-employee responds

Wed, November 20, 2002

I am a former employee of GEICO, and a licensed Property and Casualty (220) Insurance agent in the state of Florida. All insurance companies must file with the state in advance any rating/premium changes that will take place, and have these filings approved by that state's Department of Insurance. There are many reasons that could cause increases with a particular policy-- changes in vehicle, changes in coverages, changes in age of drivers, tickets and accidents, etc. as well as sometimes there are across the board rate increases due to increased costs/inflation. Each company uses different criteria to determine rates based on what works best for that company. If GEICO's rates are too high, then shop around... that's the beauty of living in a capitalistic society-- you can always go somewhere else.


Rick

lakeland,
Florida,
State Filings

#5UPDATE EX-employee responds

Wed, November 20, 2002

I am a former employee of GEICO, and a licensed Property and Casualty (220) Insurance agent in the state of Florida. All insurance companies must file with the state in advance any rating/premium changes that will take place, and have these filings approved by that state's Department of Insurance. There are many reasons that could cause increases with a particular policy-- changes in vehicle, changes in coverages, changes in age of drivers, tickets and accidents, etc. as well as sometimes there are across the board rate increases due to increased costs/inflation. Each company uses different criteria to determine rates based on what works best for that company. If GEICO's rates are too high, then shop around... that's the beauty of living in a capitalistic society-- you can always go somewhere else.


c

lompoc,
California,
Healthcare discount

#6Consumer Comment

Sun, October 20, 2002

So not funny...I didnt ask for the discount geico recommended it. when i was offered the healthcare discount I saved a staggering $5.00. With the discount removed I pay $266.60 more - get real, your just ripping people off. I have never filed a claim ever. I have never been ticketed ever. As i stated, my driving history is excellent. Typical of big business "only criminals win."


Nathan

Puyallup,
Washington,
Why should other drivers subsidize your insurance???

#7Consumer Comment

Sat, October 19, 2002

You're a health care worker? Does that make you special? Why should other drivers have to subsidize your auto insurance. My rates as well as everybody elses have been going up. By the way do you have any claims in the last three years? If not then switch to another carrier. There are hundreds of insurance companies out there. Bottom line is other policyholders should not have to pay higher premiums to subsidize others because of their employment. Maybe I'll switch to GEICO. I have not filed a claim in ten years or had a ticket either.

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