GEICO LOSES market share! You can fool some of the people some of the time, but you can't fool all the people all the time.
Its official. GEICO (cas co), Insurance Company 41491, has lost market share according to the National Association of Insurance Commissioners.
GEICO loses market share despite having spend OVER twice as much as the next insurer. I PREDICT DOOM FOR GEICO! You can only screw over so many injured people that you are REQUIRED BY LAW TO HELP, before they tell enough other people and no amount of cute ads covering your bad behavior will cover the truth. GEICO IS EVIL! Get in a serious crash, and you might wish you had died instead of dealing with them!
Unfortunately, there are lots of people who have good reputable insurance companies and if someone insured by GEICO hits you, you are going to have to deal with their nonsense and suffer and likely have a long drawn out trial. (which they will settle, immediately before trial, in almost all cases). Inform others so less people will have to suffer from GEICO's irresponsibility.
So what to expect now? My guess is they will have to come out with some new ads, and lots more money to do so. They will "reevaluate" some customers (ie raise rates) to keep their profits up. And the cycle will continue. The thing is, this is a never ending pit. GEICO needs to reform. In addition, I have noticed a massive rash of Bad Faith Claims against GEICO. After my experience, I am not at all surprised. GEICO deserves more Bad Faith Claims. And I think they are all coming.
ps. If you are an attorney, anywhere in the USA and sue GEICO, especially for bad faith or class action lawsuits, I am happy to post your victories and contact information, here free of charge. Just contact me through facebook (don't be dismayed by all the farmville and cafeworld games I play - I am serious), email, or post a comment and I will get back to you. btw - there is A LOT of traffic on this site!
GEICO loses market share despite having spend OVER twice as much as the next insurer. I PREDICT DOOM FOR GEICO! You can only screw over so many injured people that you are REQUIRED BY LAW TO HELP, before they tell enough other people and no amount of cute ads covering your bad behavior will cover the truth. GEICO IS EVIL! Get in a serious crash, and you might wish you had died instead of dealing with them!
Unfortunately, there are lots of people who have good reputable insurance companies and if someone insured by GEICO hits you, you are going to have to deal with their nonsense and suffer and likely have a long drawn out trial. (which they will settle, immediately before trial, in almost all cases). Inform others so less people will have to suffer from GEICO's irresponsibility.
So what to expect now? My guess is they will have to come out with some new ads, and lots more money to do so. They will "reevaluate" some customers (ie raise rates) to keep their profits up. And the cycle will continue. The thing is, this is a never ending pit. GEICO needs to reform. In addition, I have noticed a massive rash of Bad Faith Claims against GEICO. After my experience, I am not at all surprised. GEICO deserves more Bad Faith Claims. And I think they are all coming.
ps. If you are an attorney, anywhere in the USA and sue GEICO, especially for bad faith or class action lawsuits, I am happy to post your victories and contact information, here free of charge. Just contact me through facebook (don't be dismayed by all the farmville and cafeworld games I play - I am serious), email, or post a comment and I will get back to you. btw - there is A LOT of traffic on this site!
Posted by I HATE GEICO at 9/4/2010 11:24 AM 
Categories: geico's market share
Tags: geico loses market share customer complaints.
Categories: geico's market share
Tags: geico loses market share customer complaints.
Their share is about to get smaller, they just raised my rates 9.25%. No claims by me and they said I shouldn't feel bad about it because it was of no fault of mine. Inflation is currently 0%, I hope congress goes after these thieves like they are the banks and healthcare insurers.
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uh oh Mike. Looks like you got "reevaluated". I hope you do leave geico. Don't pay for their ads. This is an insurancecompany not an entertainmentcompany. The ads are to cover their BS.
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I see your point, good work, can't wait for more up to date entries
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i discovered a youtube video that has this publish data virtually sentence exactly. is that your video?
REPLY: I haven't put up videos yet but I intend to.
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