Customers might be loyal to companies…

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Jun 18, 2024
8:42:53pm

NanoFab Coug Truly Addicted User

Customers might be loyal to companies…

But companies are not loyal to customers, if that makes sense.

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NanoFab Coug

Previous username: bdoggy
Bio page: NanoFab Coug
Joined: Apr 30, 2007
Last login: Jul 1, 2024
Total posts: 36,227 (5,772 FO)

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Messages

Author

Time

I was with Geico for 10+ years. They always gave me good rates.

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?

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…

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

Jun 18, 8:32pm

Splendid. In that case, maybe Geico will give me a good quote to go back.

Jun 18, 8:34pm

That’s the insurance game so yeah, I did the same thing a few years ago

Jun 18, 8:35pm

Switching insurance companies is the only way to save. It's a racket.

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

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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