Submitted by Mother_Show8790 t3_126mxjg in Pennsylvania
NotNowDamo t1_jebeedi wrote
Reply to comment by CaezarVII in Auto Insurance Rate Increases 35% Seemingly Overnight, Allegedly Due To PA Rate Hike by Mother_Show8790
Only 20%?
Even with all discounts I could manage, Geico went up 50% last billing cycle.
That was after 3 straight years of 10% increases.
At the same time, my credit was getting better, and I have not had an auto accident in 20 years with no tickets for at least 5 (probably longer).
All State saved me literally 500$ over 6 months after switching. Since then I added a seconded financed vehicle, and it is still cheaper then when I was with Geico (actually paying for 2 vehicles is the same price as Geico for one BEFORE the latest price increase).
I realize that isn't true for everyone, but given that I am a safe, loyal driver, I asked customer service at Geico why the increase? The response: inflation has caused hospitals to charge more. Which to me makes no sense, I didn't change the amount they were covering me for. I was still going to get a max of 25k$ for a hospital stay, so who cares what the hospital charges?
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