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Reply to "Anyone have Geico car insurance? This seems too good to be true...less than 1/2 price of Nationwide"
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[quote=Anonymous]We had a similar experience with Geico in that we were with Liberty for a long time, maybe ten years. We bought a new car and when we really looked at our rates, we were shocked at the cost. We were told that while we had made no claims in ten years, we had inquired about a claim to repair a bumper and they jacked our rates up. The quote from Geico was half and we went with them. We told Liberty about the lower rate and they did not care. They would not lower at all. I can't find the link, but I read an article a few weeks ago, maybe at Dave Ramsey, about auto insurance. Basically the point was that there is no benefit for being a loyal customer. Your rates will increase until you change companies. This is the actual industry business model. They recommended checking your rates every three years or so to stay on top of it.[/quote]
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