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Geico Auto Insurance increased 78% without any tickets nor accidents

2,545 2,179 January 30, 2022 at 08:44 AM
Hello All,

My Geico auto insurance increased 78%, for 3 21 years old cars liability only, from $262 to $442/6 months. I do not have any claims nor ticket at all for 10 years with them.

Where could I get cheaper?

Thank you
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Joined Aug 2003
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> bubble2 4,292 Posts
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fsyowad
01-31-2022 at 12:00 PM.
01-31-2022 at 12:00 PM.
Loyalty to your car insurance co will cost you. Start shopping around....
You may have to change carriers every few years.
Insurance companies are a plague on our society......
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Joined Aug 2003
(o)(o)
> bubble2 9,395 Posts
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ikonoklast
01-31-2022 at 04:33 PM.
01-31-2022 at 04:33 PM.
My insurance also jumped quite a bit. Been too lazy to check why.
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Joined Nov 2006
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> bubble2 8,075 Posts
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LC2
02-01-2022 at 12:22 AM.
02-01-2022 at 12:22 AM.
Quote from accounted :
Hello All,

My Geico auto insurance increased 78%, for 3 21 years old cars liability only, from $262 to $442/6 months. I do not have any claims nor ticket at all for 10 years with them.

Where could I get cheaper?

Thank you
https://www.usnews.com/insurance/...-companies

Geico usually is the cheapest. Factors that dictate car insurance rates: age, gender, marital status, color of the vehicle, safety record of the vehicle, etc... So if you have older cars, the safety and/or reliability of those vehicles will come into play.

Definitely ask them why your rates jumped, because you'll likely encounter the same issues with every company you seek a quote from. Maybe you can't fix the issue right away, but if you find out what it is then it's something you can work on.
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Joined Jul 2005
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> bubble2 2,545 Posts
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Original Poster
accounted
02-01-2022 at 07:31 AM.
02-01-2022 at 07:31 AM.
Quote from LC2 :
https://www.usnews.com/insurance/...-companies

Geico usually is the cheapest. Factors that dictate car insurance rates: age, gender, marital status, color of the vehicle, safety record of the vehicle, etc... So if you have older cars, the safety and/or reliability of those vehicles will come into play.

Definitely ask them why your rates jumped, because you'll likely encounter the same issues with every company you seek a quote from. Maybe you can't fix the issue right away, but if you find out what it is then it's something you can work on.
I did, Geico said because everything went up, that is their best rate
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Joined Nov 2006
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> bubble2 8,075 Posts
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LC2
02-01-2022 at 09:07 PM.
02-01-2022 at 09:07 PM.
Quote from accounted :
I did, Geico said because everything went up, that is their best rate
That's BS though. The news said that nationally, insurance rates are up only 3%. Get a quote from State Farm. I liked them.
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Joined Mar 2009
Schrödinger's Frog
> bubble2 19,383 Posts
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Frogstar
02-02-2022 at 08:11 AM.
02-02-2022 at 08:11 AM.
State Farm did treat me pretty well for years, I'm now with USAA (which won't be an option for everyone).
Progressive is typically pretty cheap.
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> bubble2 4,292 Posts
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fsyowad
02-02-2022 at 08:47 AM.
02-02-2022 at 08:47 AM.
Farm Bureau has been stable for me for 5 years now....
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Joined Nov 2006
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> bubble2 8,075 Posts
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LC2
02-03-2022 at 10:42 PM.
02-03-2022 at 10:42 PM.
Quote from accounted :
I did, Geico said because everything went up, that is their best rate
https://www.gabi.com/

I just heard about them. Great reviews. Profiled in major outlets and publications. They help you find the best quote. Another consideration that I'm not sure they cover, is bundling auto and home together.
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Joined Jul 2005
killroy was here
> bubble2 12,166 Posts
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dayv
02-04-2022 at 09:54 AM.
02-04-2022 at 09:54 AM.
it isn't always about your claims but driving record. could also be a fraction of the increase is related to the cost of care related to the liability side.
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Joined Aug 2018
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> bubble2 4,098 Posts
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Jokester713713
02-05-2022 at 11:37 AM.
02-05-2022 at 11:37 AM.
3 of the last 4 year's I've got that Cox cable statement saying they don't take decision lightly but rates are going up. Maybe they need to cut back on their damn advertising!!!!!!
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