Selection of insurance - Geico versus State Farm

[Hans Christian]

Just a quick question, if I may. As it soon will be time for finding the right insurance for my 04 SRT I now come to the ORACLE. Any of you have suggestions and what price range is acceptable here in south florida. I currently have state farm – they want about 1100/half year. I have also checked with Geico and they are about the same but they would accept an agreed value of the car for 80,000 which state farm wouldn’t i.e. should a total happen, then there will be no discussion of the value.

However, I have no experience with Geico and them honoring claims (neither with state farm for that matter)

NB: I have no accidents and no tickets

Any pointers or suggestions would be highly appreciated.

 

[CitySnake]

I use Geico by have not had a claim. They have an EXCELLENT claims reputation and first class customer service. Nice to hear, but all second hand info.

 

[dwhitt]

I have used State Farm for 10 plus years - have owned (3) Vipers - pay $900 per year on my 2002 GTS

no tickets or wrecks in last 12 years or so

 

[Steve Ferguson]

Hans, ask for a "describtion of benefits" and then compare them too each other. That is the only way you can determine which policy serves you best.

 

[Hans Christian]

all, thanks

Steve - good tip, will do immediately

 

[obaa996]

One thing about Geico...they will take some of the $$$ they earn, and donate it to local PDs in the form of radar guns. While it's good to promote safety, it seems a bit self-serving given the rate hikes for speeding tickets...
FWIW, I had one claim with State Farm, when someone knocked over one of my bikes in a parking lot. They paid the claim very promptly and without question (I pocketed the $$$ and left the bike fairings alone in case some other !@(*#&@ tried the same thing. Maybe 4 months later, when I took the bike apart for cleaning prior to storage, I found some additional damage under the fairing (the clutch cover got dented). I gave them a call, and the adjuster came out, looked at it, and wrote a check on the spot. I personally thought that they would have told me to take a hike, given how much time had passed since I discovered it....

 

[McGuireV10]

Hi Hans, hope you enjoy the Viper. One of these days we'll get down to Miami.

I had GEICO for a long time. My problem with them was that they really haggled over any claims you'd file. You could get the money out of them, but it was a lot of work.

I have some experience with State Farm, too, and all I'll say is, they're great until you file a claim. Then they're great, but either your rates skyrocket or they just drop you. It's not good to have been dropped when you go hunting for a new insurer.

These days I do everything through Progressive. If I recall correctly, Progressive takes a lot of heat from the people around here, but I've never had a single problem, they've always beaten everyone else's prices by a long shot, and their service is first-rate. Go directly to them, not through an agent.

Just my two cents.

 

[Russ Oasis]

I use Liberty Mutual. Although my only claims have been for cracked windshields (and they were great about that), so far so good. Their price is very competitive.

 

[Hans Christian]

Hi Jon,

Long time no hear - you got mail.