Geico Corporation Complaint - Auto Insurance Greed
After 13 years of auto insurance, Geico re-evaluated by driver's history and decided that a ticket received 18 months ago requires a doubling of my premium because of the "increased risk". My insurance had been reissued twice since then without any increase. I have had no accidents or other moving violations during the entire 13 years. This is nothing more than corporate greed. I am no more of a risk than in the last 13 years. One ticket may cause a slight increase, but two policy renewals later and doubling the rate? I don't think so.