Comments on: NO GEICO Multiple Insurance Discount

By: Anonymous

Anonymous — Thu, 02 Feb 2012 22:27:47 +0000

I have had 3 claims with sf and never been cancelled…….

By: JAY

JAY — Tue, 08 Mar 2011 18:54:01 +0000

BE CAREFULL WITH ALLSTATE, I MADE A CLAIM AND AFTER THEY CANCELLED ME

By: Ronelle

Ronelle — Mon, 14 Jun 2010 21:03:29 +0000

Allstate recently increased their home and auto dicount (bundling)to over 25%. With this discount we almost always beat Geico and we have local agents to help you

By: Sara

Sara — Mon, 07 Jun 2010 20:50:59 +0000

Even though that was written a while ago, recently I found on Geico’s account page an option to add an additional discount. I have auto insurance with them and I think it was in the discount portion of their site. Clicked on their multi-line option and entered my policy number with ASI–whom I got from an independent insurer and less than two hours later I got the multi-line discount!

Now I’m trying to see if I can get that applied to our homeowners…but may be switched back to Travelers instead of ASI. Fingers crossed.

Regardless, it worked for a multi-line discount in the auto portion.

Thanks!

By: Joseph

Joseph — Wed, 17 Mar 2010 03:43:07 +0000

I disagree with the statement that State Farm’s auto prices are untouchable (at any age, driving record etc.), at least in Michigan’s insurance market that is. I am an independent insurance agent and I’d say that honestly around 50% of the time State Farm’s auto prices can be matched or lower, all coverage being equal of course. They do, however, seem to breed these die-hard clients who wouldn’t change companies if you put a gun to their heads, so they must be doing something right…I mean I probably talk to and quote 2-3 State Farm clients per week with my company’s carriers and it isn’t uncommon to hear a person say they’ve been with state farm for 40 years.

By: Jim

Jim — Sun, 14 Feb 2010 22:33:14 +0000

My friend works for state farm. If you are a low risk person, that is, if you are more or less have a clean driving record, 40 years old married male, or a female, you will never beat state farm auto policies, period. However, their fire arm(homeowners and renters) keeps going bankrupt and bailed out by the auto part. so except not as much of a competitive rate from them.

By: Jeff

Jeff — Mon, 27 Jul 2009 15:58:07 +0000

I just dumped GEICO. I moved approx 2 miles to another house and when I informed GEICO of the change of address they informed me of an increase of $402 per 6 months. Auto ins
When questioned they said they could not provide me an answer maybe it was the new zip code they said.

By: David

David — Wed, 01 Apr 2009 20:27:52 +0000

You are nuts if you think SF doesn’t raise rates when people file claims. Additionally they ofter cancel people for filing 1 claim. I have seen it with my own eyes many times. Yes I work in insurance, no I don’t work for SF. Every insurance company will raise your rate in the event of a “chargeable claim”. If you wonder what a chargeable claim is call your agent. It’s pretty much anything that isn’t storm damage for a house or a compr. claim for a car.

By: Steve

Steve — Mon, 26 May 2008 11:52:55 +0000

Everyone, please keep in mind that there is no standard rate for any homeowners or auto policy. Comparing your insurance premiums to any other person is completely fruitless. Most to all insurance companies base rates on credit score, history of claims submitted or the type of car you drive (for auto). For homeowners policies the companies not only take into account credit, but a major factor is the amount to rebuild a home (homeowners) or how much contents you have (tenant). This just scratches the surface to rating factors and most importantly DON’T FORGET COVERAGE!!! This is what you are purchasing after all. There is no substitute for an honest and knowledgable agent to review your coverages with, who is also armed with many different companies to choose from. The right insurance company (price and coverage) varies for each human being on this planet.

By: Dan

Dan — Mon, 21 Jan 2008 20:26:27 +0000

I was told that geico plans to add multi policy discounts later this year (2008). But if your records are good, they still have great rates…With myself, they have been beating everyone else even with the others multi policy discounts.

By: andy

andy — Wed, 08 Feb 2006 02:10:14 +0000

I recently switched away from Geico (which reminds me, I need to cancel the renter’s insurance with them as well) when we purchased our house. I did have a multi-line discount, at least on the Traveler’s side for the renter’s insurance. But shop around. A quote I got from Traveler’s via an insurance broker for homeowner’s insurance came up nearly $400/year higher than I got with Allstate, and Allstate also hooked me up with auto insurance for $400/year less than I was paying with Geico. All-around win.

I shopped State Farm as well, their auto rates were very high, and the agent tried to sell me on a bunch of his other products even after I’d told him I probably wouldn’t be buying from him.

By: denon

denon — Mon, 06 Feb 2006 07:12:16 +0000

I highly recommend State Farm as well. There are some things it’s worth dealing with a company that always treats you right, even if it costs a couple bucks extra. However, ironically, State Farm is usually even cheaper, and has always given us exceptiona service when we needed to make a claim. More importantly, they don’t play this game of raising rates and changing stuff around after you make a claim.

By: FMF

FMF — Sun, 05 Feb 2006 22:14:45 +0000

We shop out our insurance every year or so. Currently the best deal we can find is with AAA.

By: jim

jim — Sun, 05 Feb 2006 19:01:43 +0000

I talked to a Geico CSR last night and he said there wasn’t one… I’ll have to double check. It’s because homeowners insurance was provided through Traveler’s, perhaps it’s a state issue? (Geico having no homeowner’s insurance presence in MD?)

By: Trainwreck

Trainwreck — Sun, 05 Feb 2006 16:29:00 +0000

Double check with Geico. I was just quoted homeowners with them and there was a multi-policy discount. 5% I believe. In fact, I just posted an entry about homeowners and Geico this morning too. Mind Meld!