MA Auto Insurance: another Geico horror story

GEICO has funny commercials, a cute lizard, and they can, sometimes, have good rates.

From my independent, Massachusetts insurance agent perspective, however, that’s were the funny, cute, and good stuff ends …

MA Auto Insurance

GEICO has funny commercials, a cute lizard, and they can, sometimes, have good rates.

From my independent, Massachusetts insurance agent perspective, however, that’s were the funny, cute, and good stuff ends.

We have a long time client that was hit head on by a vehicle insured with GEICO.

The GEICO vehicle was at-fault, allegedly skidding on black ice (our insured thinks the person was texting).

GEICO appraised the vehicle (a 2005 Honda Accord LX with 141,000 miles) and deemed it to be a total loss.

The N.A.D.A. values for her vehicle are: $8,050 (retail) and $5,650 (trade).

GEICO offered her: $4,555 as settlement.

We had our client’s insurance carrier appraise the vehicle and they, in turn, offered her the full retail value: $8,050 (+ $503.12 … 6.25% sales tax).

We recommended our client accept her company’s offer and let GEICO know she has decided to go first party through her own insurance company.

As I hung up the phone with our client, I thanked her for insuring with us.

Her response was: “Always.”

Having an independent agent as your advocate, whether deciding on coverage that’s right for you, or at claim time, can really make a difference.

That’s my biased, independent Massachusetts agent position.

Call or click us today for your free, no obligation Massachusetts auto insurance quote.

You will be glad you did.

 

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