I am trying to decide between staying with my current auto insurance co, Geico, or changing to AARP/Hartford. I have several cars on the policy including SilverBox (2008 Boxster); no claims, tickets, etc. for myself or wife. We were with USAA for over 20 years (and really liked them) but when we moved to Nevada, their rates were not even in the ball park (as of today's quote, they are still almost twice as expensive). I have had no problems with Geico (but again, no claims, no tickets, etc). However AARP quoted a premium over $500 less for the identical coverage. I am interested in feedback pro or con. Thanks in advance
I don't have experience with the AARP plan, although I get a mailer for it once every couple of months. But, your experience of moving to Nevada was the same as mine - our auto insurance went up about 25-30%. At least in the LV area, the drivers are nuts, there's lots of crashes all the time, and the personal injury lawyers are plentiful - they even advertise on billboards... We stayed with AAA and have been happy - plus we have homeowners, umbrella and life with them too, which has made for some healthy discounts for the package.
Thank you; Good suggestion. I did that earlier today and they said our rates with them were as tight as they could go. They did say to check back in the future if we decide to switch and said AARP was a fine company if we went with them.
I had a pretty terrible experience with Geico and a claim... Take a look at the insurance rankings. I now use USAA even if they are bit more expensive than Geico. I've never had any other claims except for the Geico claim---so I don't consider myself at a high risk---but in the event I do have another claim--I don't want to play their game.
I don't remember who -- I think it as JD Powers -- did rankings on the insurers and Geico was pretty low and USAA was #1 (but didn't win because not everyone can get it). I would call the body shop that you would want to take your car to if you ever did have a claim, and ask them whether they want to deal with Geico or AARP or USAA... Then I would make sure you have all the right discounts on USAA (defensive driving/equipment on car/mileage&usage). I'd keep USAA even if Geico offered me 50% off.
Was with USAA also but they are stupidly high here in LV.I switched to Hartford(AARP) for 2 years and got great rates but in the 3rd year I rcvd a renewal notice that was 40% higher on auto and doubled my HO - no changes.When I asked why I got one lie after the other like" your credit score dropped " ( I had all 3 scores in front of me ).I went to AAA and have been with them for 3 yrs with good service.Recently rcvd a quotr from Geico that is over $800 higher than AAA for same coverages.The general trend is that they give you good rates for a couple of years and then hammer you and hope you're dumb enough to not notice.All insurance companies are scum!!
My personal experience with Geico about 10 years ago was very negative. I was changing insurance when moving to California. They gave me a quote and then increased it every time they learned something else about my car (black...that's extra). After they wrote a policy for me I got a letter in the mail two days before my old insurance expires and I'd expected to switch over. The letter said that my policy was being cancelled due to "undeclared accident involvement". I called and asked what they thought they found and the said they couldn't share it with me. They then wanted me to get letters of "good behavior" from my past two carriers, in a period of two days.
Maybe it's changed since Warren Buffet's company took over (or maybe they owned them back then) but my experience suggests you should stay as far away as possible. I'm really glad I never had to deal with them on a claim. I had one small claim when I was back with USAA (I was in their penalty box for a few years due to a speeding ticket when I was 20) and they paid it without even requesting documentation of any kind. It was for my paint getting damaged while going through a repaving zone that turned out to be longer than expected. They are great for home insurance and always good to work with.
I have been with Geico a long time and have had very good experiences with them.
A past claim came years ago when I had a 1986 944. Someone stole my sunroof one night. Geico paid for a new one installed by the local Porsche dealer. Geico spent over 3 grand getting the whole mechanism replaced, roof repainted, and total labor. Anyone who has messed around with a 944 sunroof knows the nightmare trying to get that right.
Further, and this option is huge for us with expensive to fix cars, Geico offers something called: "Mechanical Breakdown insurance" to people who buy new cars and are insured with Geico. Talk to Geico about that option and see if they will offer it to you. I have it on my 2009 Boxster.
I remember when GEICO would not insure folks that owned Radar detectors, forget exactly why, but something to the effect that that radar detector owners were speeders. And law breakers. Or something to that effect. From then on, I vowed I would never choose GEICO.
Isn't this the same as Porsche's roadside assistance?
No. You are thinking of the optional coverage: Emergency Roadside Assistance.
From the summary on Geico's website:
"Mechanical Breakdown Insurance---
Multi-Risk is a package of coverages that includes Comprehensive, Collision and Mechanical Breakdown Insurance (MBI). MBI coverage protects you from expensive auto repair bills when your car experiences a mechanical failure. MBI is usually much more affordable than the Extended Warranty offered by your car dealership and in some instances offers more protection.
Varying deductibles are available for the Comprehensive and Collision portions of the package; a $250 deductible applies to MBI.
Multi-Risk coverage expires once the vehicle is 7 years old or reaches 100,000miles, whichever comes first."
My quote for this option was around an additional $100 a year to my 2009 Boxster and so I added it.
I haveused the mechanical breakdown insurance before on another car last year: a 2007 Pontiac G5 GT. The amp busted out on the Pontiac and killed all sound coming form my rear speakers. Since the car was past GM's bumper to bumper warrenty I used my Geico insurance. The local GM dealer charged about $500 to for the part and labor, so because of the deductible, I paid $250. Nice thing here is Geico pays the repair bill up front so, at max, you pay your deductible and nothing more.
We came across your post here on Planet Porsche and wanted to reach out to you and look at providing you an apple-to-apples comparison with your current insurer and the other companies you mention. As you mentioned, you’ve been with USAA more than 20 years and we’d like to have the chance to get your business back. Email me at John.Hancock@usaa.com and we’ll set a time to talk. I'm also on Twitter at johnhancock61. -- John