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jspbtown
Samba Member
Joined: January 27, 2004
Posts: 5157
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 Posted: Mon Apr 13, 2020 12:40 pm Post subject: Several auto insurance companies giving refunds/discounts |
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| Won't argue with it but Geico sent me an email that they will be cutting my next renewal by 15%....Hey...I'll take the extra $300. |
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Zundfolge1432 
Samba Member
Joined: June 13, 2004
Posts: 12468
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| Posted: Mon Apr 13, 2020 6:10 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| I think its positive and appeals to customers, can’t see a downside. |
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Glenn
Mr. 010
Joined: December 25, 2001
Posts: 76939
Location: Sneaking up behind you
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| Posted: Mon Apr 13, 2020 6:23 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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Travelers is giving 15% off for March, April and May.
_________________
Glenn
74 Beetle Specs | 74 Beetle Restoration | 2180cc Engine
"You may not get what you pay for, but you always pay for what you get"
Member #1009
#BlueSquare |
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Erik G
Samba Member
Joined: October 16, 2002
Posts: 13280
Location: Tejas!
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| Posted: Mon Apr 13, 2020 6:29 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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haven't heard anything from Elephant yet but my gut reaction is that if they can give you a discount, they were already charging too much...
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Stop dead photo links! Post your photos to The Samba Gallery! |
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Glenn
Mr. 010
Joined: December 25, 2001
Posts: 76939
Location: Sneaking up behind you
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| Posted: Mon Apr 13, 2020 6:33 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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It has to do to reduced driving which means less risk and less claims. It's the same math that allows them to charge less for a hobby car.
_________________
Glenn
74 Beetle Specs | 74 Beetle Restoration | 2180cc Engine
"You may not get what you pay for, but you always pay for what you get"
Member #1009
#BlueSquare |
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Erik G
Samba Member
Joined: October 16, 2002
Posts: 13280
Location: Tejas!
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zozo
Samba Member
Joined: October 15, 2005
Posts: 5217
Location: South of Ol' San Antonio
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| Posted: Tue Apr 14, 2020 4:35 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| USAA is refunding 20% of two months premiums. Meh. |
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jspbtown
Samba Member
Joined: January 27, 2004
Posts: 5157
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| Posted: Tue Apr 14, 2020 5:55 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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This is the email I got from Geico:
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| As part of GEICO's ongoing efforts to assist customers during this unprecedented time, we are announcing The GEICO Giveback which provides a 15 percent credit to all auto and motorcycle customers as policies come up for renewal, between April 8, 2020 and October 7, 2020. This credit will also apply to any new policies purchased during this period as part of our commitment to protecting the wellbeing of our customers. The credits are expected to average $150 per auto policy and $30 per motorcycle policy |
To me that suggests that I am getting 15% off my 4 car policy that comes up for renewal in June. My policy with them is an annual policy so I am hoping there isn't a lot of fine print. |
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67 Florida Deluxe
Samba Purist
Joined: June 21, 2005
Posts: 7987
Location: Gainesville and Tampa, Florida
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| Posted: Tue Apr 14, 2020 7:15 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| zozo wrote: |
| USAA is refunding 20% of two months premiums. Meh. |
I got that email, too, and thought it was a bit gratuitous. But since USAA is a mutual insurance carrier, let's see what kind of a refund we get at the end of the year due to lower claims. There may me more refund coming...
_________________
-Kent (BaT "daleallen")
OG member of the '67 Posse
A few of my toys, past and present
'56 Oval, '66 KG Conv't, '67 21-Window, '67 Bug, '79 SuperVert, '55 Pre-A Continental |
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Zundfolge1432
Samba Member
Joined: June 13, 2004
Posts: 12468
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| Posted: Tue Apr 14, 2020 7:40 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| I was hoping to hear similar news from MetLife our carrier but have doubts. Many years ago before they went public they went out of their way to help and invested in customer service, but times change. Lately I’ve been thinking of USAA. As a goodwill gesture it’s a great idea to give customers a little slack. Love it. |
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67 Florida Deluxe
Samba Purist
Joined: June 21, 2005
Posts: 7987
Location: Gainesville and Tampa, Florida
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| Posted: Tue Apr 14, 2020 7:47 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| Zundfolge1432 wrote: |
| I was hoping to hear similar news from MetLife our carrier but have doubts. Many years ago before they went public they went out of their way to help and invested in customer service, but times change. Lately I’ve been thinking of USAA. As a goodwill gesture it’s a great idea to give customers a little slack. Love it. |
In all the decades I have been with USAA, I have found every service experience (banking, HELOC, insurance, claims, etc.) has been outstanding. They are dedicated to their members and it is exemplified in their customer service excellence.
_________________
-Kent (BaT "daleallen")
OG member of the '67 Posse
A few of my toys, past and present
'56 Oval, '66 KG Conv't, '67 21-Window, '67 Bug, '79 SuperVert, '55 Pre-A Continental |
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Erik G
Samba Member
Joined: October 16, 2002
Posts: 13280
Location: Tejas!
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| Posted: Tue Apr 14, 2020 8:05 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| 67 Florida Deluxe wrote: |
| Zundfolge1432 wrote: |
| I was hoping to hear similar news from MetLife our carrier but have doubts. Many years ago before they went public they went out of their way to help and invested in customer service, but times change. Lately I’ve been thinking of USAA. As a goodwill gesture it’s a great idea to give customers a little slack. Love it. |
In all the decades I have been with USAA, I have found every service experience (banking, HELOC, insurance, claims, etc.) has been outstanding. They are dedicated to their members and it is exemplified in their customer service excellence. |
totally. I was in an accident with someone with USAA and they went above and beyond to take care of ME!
I would join, my grandfather served in WW2, but my parents never joined, and I think you have to have that family chain to become a member
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Stop dead photo links! Post your photos to The Samba Gallery! |
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KTPhil
Samba Member
Joined: April 06, 2006
Posts: 34018
Location: Conejo Valley, CA
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| Posted: Tue Apr 14, 2020 8:11 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| 67 Florida Deluxe wrote: |
| zozo wrote: |
| USAA is refunding 20% of two months premiums. Meh. |
I got that email, too, and thought it was a bit gratuitous. But since USAA is a mutual insurance carrier, let's see what kind of a refund we get at the end of the year due to lower claims. There may me more refund coming... |
X3. Yes, they are going to issue refunds at the end of the year based on performance and this is, in effect, just a down payment. |
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mark tucker
Samba Member
Joined: April 08, 2009
Posts: 23937
Location: SHALIMAR ,FLORIDA
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| Posted: Tue Apr 14, 2020 9:00 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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carp we gots state fram...ours will probably go up  and I have driven my car 1 time in the past 6 weeks..... ankle not virus...I want a new life. |
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obus
Samba Member
Joined: March 08, 2001
Posts: 11070
Location: just off Garden State Parkway Exit 81
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TDCTDI
Samba Advocatus Diaboli
Joined: August 31, 2013
Posts: 12858
Location: North Carolina
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| Posted: Tue Apr 14, 2020 10:26 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| 67 Florida Deluxe wrote: |
| Zundfolge1432 wrote: |
| I was hoping to hear similar news from MetLife our carrier but have doubts. Many years ago before they went public they went out of their way to help and invested in customer service, but times change. Lately I’ve been thinking of USAA. As a goodwill gesture it’s a great idea to give customers a little slack. Love it. |
In all the decades I have been with USAA, I have found every service experience (banking, HELOC, insurance, claims, etc.) has been outstanding. They are dedicated to their members and it is exemplified in their customer service excellence. |
X2, I've been a USAA member since the '80s, they have always had great service & had far better pricing.
Unfortunately, they farm out their "collector car" insurance.
_________________
Everybody born before 1975 has a story, good, bad, or indifferent, about a VW.
GOFUNDYOURSELF, quit asking everyone to do it for you!
An air cooled VW will make you a hoarder.
Do something, anything, to your project every day, and you will eventually complete it.
Last edited by TDCTDI on Tue Apr 14, 2020 12:08 pm; edited 1 time in total |
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60ragtop
Bonneville Belt Bitch
Joined: March 13, 2006
Posts: 7800
Location: Big Wonderful WYO 82401
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| Posted: Tue Apr 14, 2020 11:46 am Post subject: Re: Several auto insurance companies giving refunds/discounts |
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Farmers is offering a 15% discount on mine.
_________________
Rick
Certified Mechanic by the State of Michigan in 1977
ASA certified in 1987
Certified Hunter Wheel Alignment Master Technician 1986
| tasb wrote: |
I've restored a large number too, but I don't toot my horn quite as loud.
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| sb001 wrote: |
maybe he just snapped cause his car sucked  |
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heimlich
VWNOS.com
Joined: November 20, 2016
Posts: 6617
Location: Houston, Texas
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| Posted: Tue Apr 14, 2020 1:57 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| TDCTDI wrote: |
X2, I've been a USAA member since the '80s, they have always had great service & had far better pricing.
Unfortunately, they farm out their "collector car" insurance. |
The last time I checked they didn't have collector car insurance. I figure if I get hit the other guys insurance can pay for it.
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Classic Brands. Classic Quality.
Not all parts are made the same. NOS OE/OEM parts made mainly in West Germany, Early Germany, and Early Brazil are where VW produced the best quality parts and best fitting products.
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Erik G
Samba Member
Joined: October 16, 2002
Posts: 13280
Location: Tejas!
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| Posted: Tue Apr 14, 2020 2:19 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| heimlich wrote: |
| TDCTDI wrote: |
X2, I've been a USAA member since the '80s, they have always had great service & had far better pricing.
Unfortunately, they farm out their "collector car" insurance. |
The last time I checked they didn't have collector car insurance. I figure if I get hit the other guys insurance can pay for it. |
I believe they use Grundy
https://www.usaa.com/inet/wc/insurance_collector_car_main?akredirect=true
the problem here in Houston is "the other guy" aint got insurance or not enough. It's happened to me 2x. My insurance ends up paying out and then suing the other party. Without agreed value coverage, it can screw you if you have a higher end car. On my nissan mini-truck, I just took the loss and fixed it myself, they would have totaled it if I made a claim. second one was just my tiguan, they did me a favor totalling it out
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Stop dead photo links! Post your photos to The Samba Gallery! |
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mark tucker
Samba Member
Joined: April 08, 2009
Posts: 23937
Location: SHALIMAR ,FLORIDA
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| Posted: Tue Apr 14, 2020 2:31 pm Post subject: Re: Several auto insurance companies giving refunds/discounts |
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| I just got my life insurance bill from the state fram.....they scammed millions of people with this, then tried to not honner it at all witch get the laywers involved...now that have to... I was stupid and took out a loan on mine about 8 years ago and got scammed on it when I did that, after 20 years you were not required to pay any premiums it would pay them by the interst...well I took out $4000 and repaid it in a few months, but that effed up the no pay and now that it should be paying again they say the stocks have fallen and I have to pay it.... effing insurance scams. |
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