Geico gone nuts
Instructor
Joined: Aug 2014
Posts: 134
Likes: 1
From: Lynnwood WA
I'll be paying $2300 every 6 months for full comp on my 2015 Z51 and 2009 WRX, with liability only on my 2003 350Z.
****'s expensive.
edit: nevermind, $2550 (esurance)
****'s expensive.
edit: nevermind, $2550 (esurance)
Last edited by player0ne; Apr 3, 2015 at 06:32 PM.
Le Mans Master
Joined: Nov 2005
Posts: 6,099
Likes: 64
From: Houston TX
St. Jude Donor '09
My experience is similar. I've been with SF for over 30 years and my premium went from $80 to $120 per month going from a 2006 to 2015, both coupes. It doesn't seem out of line. Not only is the C7 9 years newer, but was significantly more expensive to buy.
Pro
Joined: Apr 2013
Posts: 602
Likes: 58
From: Detroit area and Nashville area What day is it? Between MI & TN
Progressive jumped the rate on my C7 from the 1st 6 months to second - like more than double with no change in anything else. I went online and did a 'new quote' like a new customer. Guess who got their original rate back.
Shameful, just shameful.
I hate having to change companies but it seems like every couple of years I make the cycle between Progressive, State Farm, Farmers and Haggerty.
Shameful, just shameful.
I hate having to change companies but it seems like every couple of years I make the cycle between Progressive, State Farm, Farmers and Haggerty.
Race Director
Joined: Sep 2011
Posts: 10,742
Likes: 211
From: Marana, Arizona
I wonder if this is a State thing. I was with State Farm for 40 years but left when GEICO gave me a much lower price for better coverage ($618 a year on my C7). My premiums haven't changed in the year and a half I've had the car.
I've also heard there is a big difference in Z51 vs stock C7 coverage.
I've also heard there is a big difference in Z51 vs stock C7 coverage.
Last edited by VETJAZZ; Apr 3, 2015 at 10:03 PM.
Pro
Joined: Nov 2012
Posts: 683
Likes: 140
From: Cookeville TN
Been with American National for years now and my annual cost went up $156 going from 2011, C6 4LT, base, vert to 2015, Z06, vert. USAA wanted $876 more for same coverage thought being a VET would cut me a deal.....no such thing, staying where I am.
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Banned Scam/Spammer
Joined: Jul 2014
Posts: 406
Likes: 2
From: Collingwood ON
I too have State Farm and I too am paying less for 6 month term than I was for my 2010 Nissan Pathfinder. Go figure.
As for Geico and 43 years, ask for the customer retention representative. They may be able to do something.
As for Geico and 43 years, ask for the customer retention representative. They may be able to do something.
Melting Slicks
Joined: Nov 2013
Posts: 2,016
Likes: 73
From: Texas
Add to that the recently replaced Progressive CEO was notorious for spending large sums on far left liberal causes. Not for me. Don
Pro
Joined: Mar 2007
Posts: 594
Likes: 13
From: Michigan
LOL a lot of you are complaining but damn would love to switch policies with you guys. I"m pay 1130/6months for just the vette! 32 years old, 0 point. From Michigan, one of the worst states for insurance rates!
Safety Car
Joined: Sep 2006
Posts: 4,364
Likes: 408
From: Greer, SC
Insurance pricing is different depending on where you live and can vastly differ by company.
Depending on the area, some companies won't even write policies. Other companies could be 50-75% higher than others. You can't really compare insurance companies unless you live in the same area, have similar driving history, and are of similar age.
I buy insurance based on price. I change almost every year as the "New Customer" and "Early Customer" discounts can be huge. You would also think years of loyalty would count. Oh, they count. If you have the same insurance for 40 years and never had a claim, the bean counters will figure you're due and your rates will go up.
If you stay with a single company, most times your rates will gradually inch up until you're paying WAY more than you should.
My brother has been with the same company for 15 years. When we compared policies (we live a mile from each other) he was paying more than double what I was paying. He switched and saved 50%.
It really does pay to shop and while it can be a PITA to switch every year, it's often what keeps you with the best rates.
Depending on the area, some companies won't even write policies. Other companies could be 50-75% higher than others. You can't really compare insurance companies unless you live in the same area, have similar driving history, and are of similar age.
I buy insurance based on price. I change almost every year as the "New Customer" and "Early Customer" discounts can be huge. You would also think years of loyalty would count. Oh, they count. If you have the same insurance for 40 years and never had a claim, the bean counters will figure you're due and your rates will go up.
If you stay with a single company, most times your rates will gradually inch up until you're paying WAY more than you should.
My brother has been with the same company for 15 years. When we compared policies (we live a mile from each other) he was paying more than double what I was paying. He switched and saved 50%.
It really does pay to shop and while it can be a PITA to switch every year, it's often what keeps you with the best rates.
Intermediate
Joined: Sep 2014
Posts: 43
Likes: 4
Safety Car
Joined: Jun 2008
Posts: 4,610
Likes: 427
From: USA
I've had Geico for 43 years. Paid good premium for severals with new Chrysler 300, 2002 Chevy truck and once with 2008 corvette then new 2011, then new 2014 and most policy was about $1250 for YEAR! Now after being quoted same general price on new 2015, once car came policy jumped to almost $1900 a year same three cars. Geico says corvette reevaluated. I have spent hours arguing! After 43 years you think some consideration. Any Good companies out there treating us fairly. Thanks for reading my rant!!
Racer
Joined: Aug 2014
Posts: 368
Likes: 164
Don't you guys own homes? Oh, I guess it's just Florida. All everyone talks about in these insurance threads (and in the TV/radio ads) is auto insurance. But to get the best discount (and if you want an umbrella policy) you need to bundle your insurance with one carrier (or so I've come to understand). Unfortunately, in Florida it's not so easy because everyone wants your auto insurance business, but nobody wants to sell you homeowners insurance any more, even in Central Florida, away from the coasts (after three hurricanes in 2004). I got a great money saving quote from USAA on my auto insurance, but they won't touch my home, putting me off to some unknown company.
A related question for the people who go to Adam Boca for their Vette insurance (low miles), do they still have coverage from another company for other cars, home, umbrella, and does that company not require that all of their vehicles be bundled on that one policy?
Anyone in Florida with a home have any of these great insurance stories to tell? Thanks!
A related question for the people who go to Adam Boca for their Vette insurance (low miles), do they still have coverage from another company for other cars, home, umbrella, and does that company not require that all of their vehicles be bundled on that one policy?
Anyone in Florida with a home have any of these great insurance stories to tell? Thanks!
Safety Car
Joined: Jun 2008
Posts: 4,610
Likes: 427
From: USA
Don't you guys own homes? Oh, I guess it's just Florida. All everyone talks about in these insurance threads (and in the TV/radio ads) is auto insurance. But to get the best discount (and if you want an umbrella policy) you need to bundle your insurance with one carrier (or so I've come to understand). Unfortunately, in Florida it's not so easy because everyone wants your auto insurance business, but nobody wants to sell you homeowners insurance any more, even in Central Florida, away from the coasts (after three hurricanes in 2004). I got a great money saving quote from USAA on my auto insurance, but they won't touch my home, putting me off to some unknown company.
A related question for the people who go to Adam Boca for their Vette insurance (low miles), do they still have coverage from another company for other cars, home, umbrella, and does that company not require that all of their vehicles be bundled on that one policy?
Anyone in Florida with a home have any of these great insurance stories to tell? Thanks!
A related question for the people who go to Adam Boca for their Vette insurance (low miles), do they still have coverage from another company for other cars, home, umbrella, and does that company not require that all of their vehicles be bundled on that one policy?
Anyone in Florida with a home have any of these great insurance stories to tell? Thanks!
Drifting
Joined: Jul 2011
Posts: 1,860
Likes: 85
From: Graniteville South Carolina