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July 18, 2023 12:27 pm at 12:27 pm
#2209252
YidiP
Participant
I’ve been with geico for well over 15 years and the same story, I switched carriers and got a better rate than what I was paying now (but it did make me lose my accident forgiveness). In any case, ALL insurance carriers are raising prices significantly due to increase of repair costs as well as “intensity and frequency” of lawsuits, just geico is raising it the worst. There is no point to be loyal to any one isurance carrier (unless they offer accident forgiveness) since they always give better rates to new customers vs old customers, the consensus on reddit insurance is to switch carriers every 3 years.