Anyone have Geico insurance?
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Oh, I sound like a typical insurance snake? I don't set the prices you numb motherf***er---underwriting and our computer system does. So no, "I" did not knock the price up.....and no, you cannot just 'drop them immediately' if they don't pay the bill. I swear to god, you try to help someone out with a little erudite advice and the morons come crawling out of the woodwork to showcase how little they know.
Wow, that's a little over the top....I tried to help someone by giving them a little information on a few different companies' methods and for that I'm hearing crap from you like "People like you..." and so on. I'm sorry you and your precious Geico got your feelings hurt....to be honest with you, I just work for a living and it happens to be for an insurance company. I don't care about any company over the next....notice that I work for Allstate, but recommended going with Progressive? Put it all together and you'll get the big picture there, numbskull........gosh, the licensing exam must be nothing out that way.
Oh, and one more thing for Mr. Rogue Leader....don't bother calling yourself an insurance agent...you're not really. An agent is someone who takes the time to sit down with you or come out to your home to answer some questions for you, etc. An agent gets to know his own clients and what their needs really are. Both of us can play that 'All day long people come to me from you all screwed up' game. I had a woman the other day come in who had been paying way too much for coverage on her one crappy car. As it turns out, having only some jack-ass on a phone line to talk to, they had written her car as a commercial auto policy! I know my customers in person and have a genuine personal interest in finding ways to lower their premiums. The auto is only one thing though.....are you aware of the discounts that come with insuring your home, your life......even making your financial investments all with the same company? No, you're probably not...because GEICO works harder on what quips will be made by their brilliantly sophomoric talking gecko. You're right, that's way better than a full service company!
....and remember, I was playing nice until you turned it into a 'my company's better than yours' arument, you petty bitch.
....and remember, I was playing nice until you turned it into a 'my company's better than yours' arument, you petty bitch.
I attempted to help a guy out and tell him what I know about certain company's practices and was attacked by the two of you little people who had to make it an argument....I don't know what else to call you.Originally posted by ross87t
I think what is petty here, is you calling people a "bitch" on the internet.
Pathetic would be a good word to use also.
"little people" will do.
Sorry about the personal stuff, but insurance just gets me crazy sometimes. I really think, for the most part, it is a very crooked business. I know you guys don't make the rules either.
I know all companies are in business to make money, but it's just sad that insurance companies so blatantly screw people everyday.
Again, sorry about the comments. I didn't want to get into a shouting match. I realize you were just giving the guy some info.
Ross
DCEPTCN,
I think what bothered some people was that you referred to Geico as a sub-standard company when there is no evidence to support this. The post seemed negative towards Geico, whether you meant it or not.
I think the difference between the companies that should emphasized is that with a traditional insurance agent you can combine different policies such as home, life, auto, etc all from the same agent. You also get more personalized service from the Agent.
On the opposite end you have Geico. No traditional offices and agents and limited to auto. No personalized service, but the savings from eliminating the offices and the Agent's take equates to cheaper insurance for the customer. I haven't heard of the service being inferior in any way, or people being turned down for claims more than usual.
Some people prefer the Agent and getting the birthday cards, occasional call, etc. For me, personally, I like saving money. The service isn't much difference to me anyway, because when you have an accident or problem, you start dealing with claims people, paperwork, etc, and the Agent doesn't mean squat in the end. Thats been my experience.
When looking for a new insurance company in NJ after I moved (no Geico in NJ), I did some research. Looked like every company had equally bad stories about them, and half the major companies don't offer auto in NJ, so I chose the one closest to my house.
I think what bothered some people was that you referred to Geico as a sub-standard company when there is no evidence to support this. The post seemed negative towards Geico, whether you meant it or not.
I think the difference between the companies that should emphasized is that with a traditional insurance agent you can combine different policies such as home, life, auto, etc all from the same agent. You also get more personalized service from the Agent.
On the opposite end you have Geico. No traditional offices and agents and limited to auto. No personalized service, but the savings from eliminating the offices and the Agent's take equates to cheaper insurance for the customer. I haven't heard of the service being inferior in any way, or people being turned down for claims more than usual.
Some people prefer the Agent and getting the birthday cards, occasional call, etc. For me, personally, I like saving money. The service isn't much difference to me anyway, because when you have an accident or problem, you start dealing with claims people, paperwork, etc, and the Agent doesn't mean squat in the end. Thats been my experience.
When looking for a new insurance company in NJ after I moved (no Geico in NJ), I did some research. Looked like every company had equally bad stories about them, and half the major companies don't offer auto in NJ, so I chose the one closest to my house.
On a side note, I think Geico is part of a trend seen in a lot of industries going towards officeless business. I'm sure Mortgage companies have also taken a hit from internet based loan companies. Banks too. Heck, look at the auto industry. Order straight from the source!
I don't think this trend will be reversing itself and we are all headed towards a peopleless, computer based world.
Just kidding. Usually the secretaries at insurance offices are cute and friendly, so I'd miss that.
I don't think this trend will be reversing itself and we are all headed towards a peopleless, computer based world.
Just kidding. Usually the secretaries at insurance offices are cute and friendly, so I'd miss that.I think you are misunderstanding what I am saying. I didn't acuse you of being a racist at all, I said that just because someone fits a certain profile that is at a higher risk doesn't actually mean that they really are a risk. Just like saying that certain ethnic groups have a higher rate of crime doesn't mean that all people of that race are going to be criminals.
Many companies are following the "Geico" model for house/car insurance...Allstate included...they do it to lower their number one expense (no, not claims) ....salaries
house/car insurance is not rocket science and most policies are underwritten and issued by computer
pricing is another whole bag of worms and has to do with the "mix" of business in a certain area, loss experience and investment returns
insurance is not "organized crime"........it is a way of pooling the risk of everyday activities so we do not have anarchy.......you will recall most states require auto insurance (not something that Ins Cos. support) and who would loan you money on an uninsured house? (NJ went overboard some years ago and just eliminated the "fault" part of the equation and has everybody pay for themselves......not many do business in NJ)
basically, insurance cos. try to break even on underwriting income (premiums minus claims and expenses) and invest the difference...as a result, they are a huge influence on our financial markets and fund a number of activities (like home mortgages....)
bad experiences aside, insurance is here to stay
and, no, I don't work for an insurance co (I worked for Allstate many moons ago, however)
house/car insurance is not rocket science and most policies are underwritten and issued by computer
pricing is another whole bag of worms and has to do with the "mix" of business in a certain area, loss experience and investment returns
insurance is not "organized crime"........it is a way of pooling the risk of everyday activities so we do not have anarchy.......you will recall most states require auto insurance (not something that Ins Cos. support) and who would loan you money on an uninsured house? (NJ went overboard some years ago and just eliminated the "fault" part of the equation and has everybody pay for themselves......not many do business in NJ)
basically, insurance cos. try to break even on underwriting income (premiums minus claims and expenses) and invest the difference...as a result, they are a huge influence on our financial markets and fund a number of activities (like home mortgages....)
bad experiences aside, insurance is here to stay
and, no, I don't work for an insurance co (I worked for Allstate many moons ago, however)
Rogue Leader
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One Big reply:
DCEPTCN - Grow up... did I resort to calling you a bitch??? No I defended the company that pays for my car and my life, and has been very generous and supportive to me. I defended a company that you know nothing about and were making ASSumptions about. I also was dispelling the FALSE advice you were giving... Any way you flip it bumping someone up $2000 because they were previously assigned risk is a SCUMBAG tactic no matter how you look at it.. I know its not your policy its theirs but your
indicated you take some sort of pleasure from it. And crap like that fosters all this hatred for the insurance industry. I didnt mean it personal but when I see **** like that that pisses me off. So I appreciate that you were trying to "help" someone, but before you do that make sure you have your facts straight, because BAD advice is worse than no advice. Maybe that "jack-ass on a phone line" wrote that woman a commercial policy was from Progressive, because GEICO doesnt even write commercial. I know exactly how multi line discounts work, I know how home, life, etc policies work, talk about me and my job all you want I actually have licenses in 20 states, I think I know what I'm doing. GEICO also offers home, property, etc, everything but life insurance and financial services... and we underwrite some of those through other companies, and cut out YOU the outside agent. And despite what you think quite a few of us really do care, just on a larger scale.
Ross.... Nope, unfortunately just because someone is an asshole doesnt mean they are a bad driver (thats what I meant by that comment, I should have worded it better). Please noone take this personally, but the basis behind credit score is responsibility. Basically the more responsible person will be less likely to have an accident (drive safer, pay more attention to the road, pay insurance bills on time (LOL), etc etc). It IS NOT right 100% of the time and thats why its not the ONLY criteria.. But within a respectable margin of error it IS right. There is no perfect underwriting criteria, thats completely impossible, but this one statistically has shown to be very accurate, wihch while surprising is true.
murphster - good reply... Youre absolutely right.... BTW GEICO has been doing business like this for a LONG time, and actually just now Allstate and State farm are starting to use call centers and soon internet quotes. The main problem with the Internet we have is that we get TONS of fraud attempts (people using stolen or dead peopls social security numbers).
1badTTA... Sorry I misread it. Youre right, read what I said above about credit score. Unfortunately insurance companies do not have the time or resources to do a complete economic and personality profile on everyone to tailor a rate exactly to their entire life, we have to go with a close approximation, otherwise the rates would be through the roof from all that extra work. Like I said its not perfect, and some people DO get screwed by it, but it is accurate... MOST of the time...
azgn.... I couldnt have said it better myself!!
DCEPTCN - Grow up... did I resort to calling you a bitch??? No I defended the company that pays for my car and my life, and has been very generous and supportive to me. I defended a company that you know nothing about and were making ASSumptions about. I also was dispelling the FALSE advice you were giving... Any way you flip it bumping someone up $2000 because they were previously assigned risk is a SCUMBAG tactic no matter how you look at it.. I know its not your policy its theirs but your
indicated you take some sort of pleasure from it. And crap like that fosters all this hatred for the insurance industry. I didnt mean it personal but when I see **** like that that pisses me off. So I appreciate that you were trying to "help" someone, but before you do that make sure you have your facts straight, because BAD advice is worse than no advice. Maybe that "jack-ass on a phone line" wrote that woman a commercial policy was from Progressive, because GEICO doesnt even write commercial. I know exactly how multi line discounts work, I know how home, life, etc policies work, talk about me and my job all you want I actually have licenses in 20 states, I think I know what I'm doing. GEICO also offers home, property, etc, everything but life insurance and financial services... and we underwrite some of those through other companies, and cut out YOU the outside agent. And despite what you think quite a few of us really do care, just on a larger scale. Ross.... Nope, unfortunately just because someone is an asshole doesnt mean they are a bad driver (thats what I meant by that comment, I should have worded it better). Please noone take this personally, but the basis behind credit score is responsibility. Basically the more responsible person will be less likely to have an accident (drive safer, pay more attention to the road, pay insurance bills on time (LOL), etc etc). It IS NOT right 100% of the time and thats why its not the ONLY criteria.. But within a respectable margin of error it IS right. There is no perfect underwriting criteria, thats completely impossible, but this one statistically has shown to be very accurate, wihch while surprising is true.
murphster - good reply... Youre absolutely right.... BTW GEICO has been doing business like this for a LONG time, and actually just now Allstate and State farm are starting to use call centers and soon internet quotes. The main problem with the Internet we have is that we get TONS of fraud attempts (people using stolen or dead peopls social security numbers).
1badTTA... Sorry I misread it. Youre right, read what I said above about credit score. Unfortunately insurance companies do not have the time or resources to do a complete economic and personality profile on everyone to tailor a rate exactly to their entire life, we have to go with a close approximation, otherwise the rates would be through the roof from all that extra work. Like I said its not perfect, and some people DO get screwed by it, but it is accurate... MOST of the time...
azgn.... I couldnt have said it better myself!!
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Nope wrong... GEICO is owned by Berkshire Hathaway, Warren Buffett possibly the best investor to ever live
Roque -
I hear what you are saying about the credit/responsibility, but I still think auto insurance rates should be based on your "automotive" driving background, not on a poor purchase you made on a bigscreen tv at Circuit City.
I'm just glad I have great credit, and it's a life-long goal of mine to keep it that way.
Ross
I hear what you are saying about the credit/responsibility, but I still think auto insurance rates should be based on your "automotive" driving background, not on a poor purchase you made on a bigscreen tv at Circuit City.
I'm just glad I have great credit, and it's a life-long goal of mine to keep it that way.
Ross
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Well one of the myths about it is that if your credit isnt perfect youre screwed.. SOME companies from what I hear is true (Ive heard more than a few times Allstate tells you to take a walk if your credit is below 700, but I think it depends on the agent). But as long as your credit isnt complete trash (read: you never ever ever pay any bills), it really isnt such a big deal... Ive sold plenty of "preferred" policies to people without perfect credit, as long as its above OK, and you have a good record youre good.
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