Car insurance costs

Page 2 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

GunsMadeAmericaFree

Golden Member
Jan 23, 2007
1,123
260
136
I did a bit of comparison shopping on a website yesterday, and it was VERY detailed. They wanted to know how many miles a day each car was driven, main purpose for the vehicle, what grades my kids were getting, if they lived at home, etc. For 6 months, even with doubled coverage, they are quoting us a price that is 60% less than what State Farm was. (40%) It would save us about 25% on a year of coverage. I'm assuming that this is just an intro offer, and it will probably jump up to about what we are currently paying after 6 months.....
 

FelixDeCat

Lifer
Aug 4, 2000
28,440
1,693
126
All insurance companies are that way. In the end, their primary duty is to the shareholders, NOT their customers.


Even lawyers experience how a tough cookie GEICO is.

Also, car accident lawyers can be rather lazy and be a settlement mill. The bigger the firm with more branches, the more likely it's a mill.

If you read everything on the web page (and some of the links beyond), there is a lot of eye opening information. There are explanations on how the settlement process usually works, authority limits and their reasons, etc. Worth reading completely.
 
Last edited:

WilliamM2

Platinum Member
Jun 14, 2012
2,064
305
126
If you read everything on the web page (and some of the links beyond), there is a lot of eye opening information. There are explanations on how the settlement process usually works, authority limits and their reasons, etc. Worth reading completely.

It's giant advertisement for an ambulance chaser. Is that really where you want to get information? TM thinks he's a lawyer, and everyone is out to screw him over somehow...
 

Torn Mind

Lifer
Nov 25, 2012
10,903
2,429
136
It's giant advertisement for an ambulance chaser. Is that really where you want to get information? TM thinks he's a lawyer, and everyone is out to screw him over somehow...
I'm clearly aware where I'm at. Amateur law experience. But being an amateur is more experience than whatever you have. It's about as stupid as saying Judge Judy isn't a "real judge". She isn't, still knowledgeable, and still protects her industry by not disclosing too much or simply disclosing irrelevant concepts. Just like someone who played JV sports will know more than someone who has never played.

Fact is that most lawyers would rather not disclose anything at all, good or bad. Neither do judges. They won't say you violate this law, cited here, or one answer to a question is questionable. They just rule in favor of the plaintiff or defendant, and the damages due.

In addition, I do have personal knowledge of dealing with a situation where both parties are GEICO-insured. I was driving straight, woman decides to open the door with no regard. GEICO, "reinvestigates", I offer up dashcam footage, and thus use that to reject both claims.

Order of rulings by GEICO:
1. Ruling in favor of woman opening door, with compensation to her
2. Reversal, ruling in favor of me only for property damage
3. Re-investigation...out of wanting to "prove things harder", I offer up dash cam footage. Then they just deny everyone involved and say both are at fault.

Lesson learned...don't offer up more if you've already won something.

In addition, you utilize ad hominem against the lawyers and me, thus not arguing on merit but rather the individual's properties. It is the necessary inference then, that you believe GEICO adjudicates fairly because a lawyer posted an article on the internet and that each sentence the lawyer wrote is false.

Plus, you do know how profits are made. Price multiplied by quantity. Every increase in premium, every new customer increase profits. Paying out claims, does the exact opposite.
 

ASK THE COMMUNITY