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Geico 27% increase after one year. :(

Discussion in 'Model S' started by Tanquen, May 26, 2017.

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  1. Tanquen

    Tanquen Member

    Joined:
    Feb 17, 2016
    Messages:
    220
    Location:
    United States
    I have like 900 miles on the S70D and never had a ticket. After they check all that the guy comes back with its not just you. Really? All their CA customers’ rates are going up 27%?

    I think I was getting a good rate at $516 for six months, not including the $5 a month charge for you know paying your bill.

    I may stay with them as I left Allstate because they wanted $1200 for six months and I can’t get USAA.
     
  2. EV Revolution

    EV Revolution Member

    Joined:
    Mar 21, 2017
    Messages:
    23
    Location:
    San Francisco
    I had a very stable rate with 21st for the past 15 years and
    I just got a 40% increase, because of California medical increase cost?

    21st Century Car Insurance - 40 % Premium increase in California
     
  3. kg7jo-

    kg7jo- Member

    Joined:
    Dec 9, 2016
    Messages:
    44
    Location:
    Salt Lake City
    My geico's 6 months rate went up from $890 to $1500 for two person with two cars. Just the comprehensive coverage($500 deductible) for my tesla 75D went up to $760. I think they probably realized how expensive it is to repair a tesla. I switched to progressive that they tripled my coverage, and the total cost for 6 months is about $710.
     
  4. Tanquen

    Tanquen Member

    Joined:
    Feb 17, 2016
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    I too was just looking at Progressive. With all the same amounts of coverage it's about $100 less for six months.
     
  5. tpham07

    tpham07 Member

    Joined:
    Mar 21, 2017
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    585
    Location:
    Baton Rouge
    $516 for six months lol, i pay $1200 and i've never had any accidents and these are $1000 deductibles too.
     
  6. Nick B

    Nick B Member

    Joined:
    Sep 15, 2016
    Messages:
    104
    Location:
    Montreal
    624$ a year here in Québec. No accidents but I'm only 32 (driving since 17). Maybe like us certain companies offer rebates for green vehicles? Also, in Québec at least, they ask how much mileage you do per year and I told them 30k per year (which is the reality) so technically my premium should be higher than someone using the car less. Deductibles are 1000$.


    EDIT: Also Insurance is mandatory here so that could help explain the lower premiums because people simply do not sue in the event of an accident.
     
  7. Sluggah

    Sluggah Active Member

    Joined:
    May 8, 2015
    Messages:
    2,700
    Location:
    USA
    Geico and Progressive upped their rates years ago.

    I switched to Nationwide.
     
  8. idleuser

    idleuser Member

    Joined:
    Sep 14, 2016
    Messages:
    166
    Location:
    central california
    Same here. My rates went up 15 % while my cousin ma with her M4 went up 30%. We both have Geico.
     
  9. croman

    croman Active Member

    Joined:
    Nov 21, 2016
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    1,834
    Location:
    Chicago, IL
    Progressive upped my rate from 500 every 6 months to 570. I'm in IL.
     
  10. azred

    azred Member

    Joined:
    Apr 12, 2016
    Messages:
    832
    Location:
    Chandler, AZ
    I think there have been reports of skyrocketing rates due to frequent totaling of Teslas with what would be modest ICE damage -- presumably due to the complexity of accidents involving battery intrusion.
     
  11. adwang

    adwang Member

    Joined:
    Nov 27, 2016
    Messages:
    43
    Location:
    Eagle, idaho
    I have Safeco, better rate the others in my location.
     
  12. demundus

    demundus Member

    Joined:
    Jul 5, 2015
    Messages:
    584
    Location:
    Oceanside, CA
    I pay 916 every six months, got a decrease actually this year, i think im at 800 every 6 months now.
     
  13. DA808EV

    DA808EV Member

    Joined:
    Apr 28, 2014
    Messages:
    147
    Location:
    SoCal
    I'm paying around $840 with Geico on a P85. They were actually the cheapest vs other carriers when it comes to Tesla rates.
    One of the main things I like about Geico is their customer service.
     
  14. bswn1

    bswn1 Member

    Joined:
    Feb 13, 2016
    Messages:
    412
    Location:
    CA
    same here
     

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