Geico increasing insurance premiums for FRS - Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community

psuoh · 09-09-2015, 03:15 PM

Geico informed me that Scion FRS owners across the nation is getting a increase in their comprehensive and collision coverage. Mine increased by $50! No accidents, citations or claims filed within 5 years!.....

Based on some insurance data, they estimated that the cost of repair and frequency of accidents for the Scion FRS is high therefore the increase in premiums.

Time to shop around for better auto quote

I hope you are not impacted...

Tcoat · 09-09-2015, 03:22 PM

http://www.google.ca/url?sa=t&rct=j&...02022582,d.eXY

And thanks to @Pickleahoy
http://www.insurancejournal.com/news.../04/366720.htm

evomike · 09-09-2015, 03:30 PM

Quote:

Originally Posted by psuoh

Geico informed me that Scion FRS owners across the nation is getting a increase in their comprehensive and collision coverage. Mine increased by $50! No accidents, citations or claims filed within 5 years!.....

Based on some insurance data, they estimated that the cost of repair and frequency of accidents for the Scion FRS is high therefore the increase in premiums.

Time to shop around for better auto quote

I hope you are not impacted...

switch anyway geico is garbage insurance, my insurance with nationwide and an OEM policy is cheaper than any of the other major carriers. people probably don't know that you can get an OEM only policy butt everyone who is eligible should.

psuoh · 09-09-2015, 03:31 PM

thanks. Didn't know there was already a post out there for this...

Tcoat · 09-09-2015, 03:38 PM

Quote:

Originally Posted by psuoh

thanks. Didn't know there was already a post out there for this...

Ya, I knew it was here and still had a hell of a time finding it. The article that Pickle linked was very telling since it isn't just the FRS but across the board. I bet they are telling everybody it is just their XXXX car that has gone up though so it looks more like the vehicle is responsible and not the company.

Kaotic Lazagna · 09-09-2015, 03:39 PM

State Farm increased mine too for the same reason.

psuoh · 09-09-2015, 03:44 PM

Quote:

Originally Posted by evomike

switch anyway geico is garbage insurance, my insurance with nationwide and an OEM policy is cheaper than any of the other major carriers. people probably don't know that you can get an OEM only policy butt everyone who is eligible should.

OEM-only endorsement policy sounds good and I am all for it but OEM parts costs twice or more than non-oem part and I am sure the insurane premiums are higher to reflect that.

My brand new car with only 6000 mile had my windows busted by a large object while driving on a freeway. Repair shop used a non-OEM windshield and it looked as if it didn't fit. I complained to Geico had them replaced it with a OEM windshield.

MOral of the story is you have to fight to have your insurance company to use OEM parts or they will use cheaper non-OEM.

Then few months later got hit by another smaller object that chipped my windshield again....i am just unlucky I guess.

evomike · 09-09-2015, 03:47 PM

Quote:

Originally Posted by psuoh

OEM-only endorsement policy sounds good and I am all for it but OEM parts costs twice or more than non-oem part and I am sure the insurane premiums are higher to reflect that.

My brand new car with only 6000 mile had my windows busted by a large object while driving on a freeway. Repair shop used a non-OEM windshield and it looked as if it didn't fit. I complained to Geico had them replaced it with a OEM windshield.

MOral of the story is you have to fight to have your insurance company to use OEM parts or they will use cheaper non-OEM.

but you cannot just fight with them and get OEM parts its in your policy that they can use aftermarket garbage parts unless they don't fit, and my OEM endorsement policy was the cheaper than any of the other major carriers.

Chad11491 · 09-09-2015, 03:49 PM

My premium went up 16 a month as well on Geico. I'll be shopping around the next 6 months and hopefully it will go down a bit since I'll be 25 by then with nothing on my record.

WhiteFRS69 · 09-09-2015, 03:49 PM

my geico insurance raised in July when my policy renewed itself

i took a defensive driving course and it pretty much took care of the spike

they are still the cheaper insurance for myself, everything else is 50-75 dollars more per MONTH!

bebopblues · 09-09-2015, 03:52 PM

Looks like I just dodged the price hike, switch from Geico to Mercury in April. I think I saved over $500 per year with 4 cars on the policy, and that was before the rate increase on the FR-S.

smg1138 · 09-09-2015, 05:50 PM

Yeah, they raised my premiums about a month ago too. Anybody know if it was just for the FR-S or did they do the same for the BRZ?

Hotrodheart · 09-09-2015, 06:00 PM

Yep, they sure did. I'm with GEICO, and my premium went up$6 a month.

why? · 09-09-2015, 06:34 PM

I'd never use any of these national insurance companies that focus totally on price. Mostly because of who owns geico and progressive, and because they are both so expensive.

One of the few good things about MA is how dirt cheap our insurance is.

09-09-2015, 03:15 PM	#1
psuoh Member Join Date: Sep 2013 Drives: scion frs 2013 Location: California Posts: 17 Thanks: 0 Thanked 4 Times in 4 Posts Mentioned: 0 Post(s) Tagged: 0 Thread(s)	Geico increasing insurance premiums for FRS Geico informed me that Scion FRS owners across the nation is getting a increase in their comprehensive and collision coverage. Mine increased by $50! No accidents, citations or claims filed within 5 years!..... Based on some insurance data, they estimated that the cost of repair and frequency of accidents for the Scion FRS is high therefore the increase in premiums. Time to shop around for better auto quote I hope you are not impacted...

09-09-2015, 03:22 PM	#2
Tcoat Senior Member Join Date: Jul 2014 Drives: 2020 Hakone Location: London, Ont Posts: 69,845 Thanks: 61,656 Thanked 108,286 Times in 46,456 Posts Mentioned: 2497 Post(s) Tagged: 50 Thread(s)	http://www.google.ca/url?sa=t&rct=j&...02022582,d.eXY And thanks to @Pickleahoy http://www.insurancejournal.com/news.../04/366720.htm __________________ Racecar spelled backwards is Racecar, because Racecar.

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09-09-2015, 03:31 PM	#4
psuoh Member Join Date: Sep 2013 Drives: scion frs 2013 Location: California Posts: 17 Thanks: 0 Thanked 4 Times in 4 Posts Mentioned: 0 Post(s) Tagged: 0 Thread(s)	thanks. Didn't know there was already a post out there for this...

09-09-2015, 03:39 PM	#6
Kaotic Lazagna Senior Member Join Date: Apr 2014 Drives: GR Corolla Location: Lathrop, CA Posts: 4,936 Thanks: 3,090 Thanked 3,024 Times in 1,864 Posts Mentioned: 40 Post(s) Tagged: 2 Thread(s)	State Farm increased mine too for the same reason.

09-09-2015, 03:49 PM	#9
Chad11491 Senior Member Join Date: May 2013 Drives: 85.5 Porsche 944, '15 mustang GT PP Location: Duluth, Georgia Posts: 295 Thanks: 116 Thanked 155 Times in 85 Posts Mentioned: 1 Post(s) Tagged: 0 Thread(s)	My premium went up 16 a month as well on Geico. I'll be shopping around the next 6 months and hopefully it will go down a bit since I'll be 25 by then with nothing on my record.

09-09-2015, 03:49 PM	#10
WhiteFRS69 Senior Member Join Date: Oct 2013 Drives: 2014 Scion FRS Location: NNJ Posts: 2,289 Thanks: 1,808 Thanked 1,432 Times in 756 Posts Mentioned: 30 Post(s) Tagged: 2 Thread(s)	my geico insurance raised in July when my policy renewed itself i took a defensive driving course and it pretty much took care of the spike they are still the cheaper insurance for myself, everything else is 50-75 dollars more per MONTH!

09-09-2015, 05:50 PM	#12
smg1138 Senior Member Join Date: Jan 2014 Drives: 2013 Raven FR-S Location: Nashville Posts: 775 Thanks: 968 Thanked 213 Times in 136 Posts Mentioned: 3 Post(s) Tagged: 2 Thread(s)	Yeah, they raised my premiums about a month ago too. Anybody know if it was just for the FR-S or did they do the same for the BRZ?

09-09-2015, 06:00 PM	#13
Hotrodheart Senior Member Join Date: Jan 2014 Drives: 2013 Scion FR-S Location: Kailua-Kona HI Posts: 401 Thanks: 46 Thanked 428 Times in 181 Posts Mentioned: 3 Post(s) Tagged: 0 Thread(s)	Yep, they sure did. I'm with GEICO, and my premium went up$6 a month.

09-09-2015, 06:34 PM	#14
why? Only happy when it rains. Join Date: Feb 2013 Drives: series.blue Location: Harnett county NC Posts: 1,995 Thanks: 5,698 Thanked 1,263 Times in 749 Posts Mentioned: 25 Post(s) Tagged: 0 Thread(s)	I'd never use any of these national insurance companies that focus totally on price. Mostly because of who owns geico and progressive, and because they are both so expensive. One of the few good things about MA is how dirt cheap our insurance is.

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