Geico is a legendary Insurance company. Geico have created such a huge impression using their Geco ads that people truly believe that Geico auto insurace is cheap. I was on Geico policy for over four years, but a reality started to dawn upon me. In the 4 years that my car depreciated by 40% my insurance cost actually went up. This on top of the fact that Geico had to pay Zero insurance claims on my behalf.
The one way relationship started to get a bit too much and i decided to show Geico the appropriate finger. My search of Auto insurance lead me to two replaceable candidates - State Farm and Farmers insurance. I ran by my Geico coverage with both the companies and teir bids came out 22% and 25% lower than what i was paying!!!
That says it all. I will advice everyone reading this blog to ditch Geico ASAP. It is a company owned my Warren Buffet. When you are dealing with a guy who is amongst the richest in the world i think we all know who gets a good deal. My objective over the next 1 year is to cost Geico atleast 12 customers - i hope i succeed but there is no way to know. So do leave a comment if your search for auto insurance leads you here and you decide to switch ;)
[Geico should probably change their marketing slogan to my blog title. They really do not save you 15% ]
yup. I switched a long time ago! State farm is not recommended for a new driver but once you get some history, switch away!
ReplyDeleteI got Shetkari's insurance now!
ReplyDeleteMahesh
Good one. I am stuck with Liberty Mutual. They actually give good rates. They don't claim to be the cheapest but it works.
ReplyDelete