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Jun 18, 2024
8:31
:21
pm
Tokolosh
Stop the Stupid party member
Because they will make more money by raising the rates on their loyal customers than they lose...
by driving some of those customers to switch.
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Tokolosh
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Tokolosh
Joined
Jun 9, 2004
Last login
Sep 30, 2024
Total posts
61,936 (5,848 FO)
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Messages
Author
Time
I was with Geico for 10+ years. They always gave me good rates.
Cougar Junkie
Jun 18, 8:30pm
Because they will make more money by raising the rates on their loyal customers than they lose...
Tokolosh
Jun 18, 8:31pm
But they hadn't raised rates like this before. Why now?
Cougar Junkie
Jun 18, 8:34pm
Cost benefit analysis. Companies have a lot of analytics that drive these decisions...
Tokolosh
Jun 18, 8:35pm
Customers might be loyal to companies…
NanoFab Coug
Jun 18, 8:42pm
Because everything they insure got very expensive, very fast. That $400k house?
P-Widdy
Jun 18, 9:53pm
Progressive will likely give you a 30% increase on renewal
PortlandCoug
Jun 18, 8:32pm
Splendid. In that case, maybe Geico will give me a good quote to go back.
Cougar Junkie
Jun 18, 8:34pm
That’s the insurance game so yeah, I did the same thing a few years ago
PortlandCoug
Jun 18, 8:35pm
Switching insurance companies is the only way to save. It's a racket.
dYrtbYkerYder
Jun 18, 8:36pm
We just did the same thing. I was really surprised at the price difference.
freeedomguy
Jun 18, 8:47pm
I’ve had them for about 10 years in California and they’re always the cheapest.
BNcoug
Jun 18, 8:51pm
Because their pricing algorithm doesn't care about your loyalty.
russkiejedi
Jun 18, 8:58pm
Progressive also gives a 20% discount for paying in full for the year.
byubyu
Jun 18, 9:12pm
I was with Farmers. I shopped around – everyone was better. I called and told
Benfica1
Jun 18, 11:28pm
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