GEICO LIES!

I have been paying almost $200(US) dollars a month for car insurance for a six month policy. I paid insurance up early last month, so I'm covered until sometime in May. So, I go shopping, trying to figure out what my new policy would amount to. My current insurance company doesn't even begin processing that sort of thing until the 26th, presumably to make it harder for me to find a different company if I don't like my new rates before my insurance runs out. (Well, I may be being a bit negative here, but I don't think insurance companies deserve the benefit of the doubt) So I decided to shop around.

And hey, Geico says it can save you up to 15%, right? I do their online quote thing, and ask for the mininum for everything, not just liability. The quote they give me? $2346.80 for a six month policy.

$2346.80/6=$391.13 a month! Or about TWICE as much as I am currently paying with Progressive, and $200 a month is really almost too much for me.

Now, admittedly I am leaving out a few things. I want to be insured for more then just the absolute minimum. I want to be reimbursed if my car is stolen, which wouldn't happen now. I want to be reimbursed if an uninsured car hits mine, or if a tree falls on it. I don't have that now. I couldn't afford it at the time I bought my policy. But even if I did buy it it still wouldn't cost me almost $400 a month. So I'm a little hurt, and I'm wondering if Progressive is going to give me that kind of rate if I change my policy to actually cover my car for more the liability.

I get this email from GEICO, FAIR CREDIT REPORTING ACT NOTICE

As a result of your recent rate quote or renewal, we obtained information about you from the consumer reporting agency listed below. That information was used in combination with other factors to determine the rate that you were provided.

Trans Union National Disclosure Center
2 Baldwin Place, PO BOX 1000
Chester, PA 19022
or call 1(800)645-1938




Since we may have been able to offer you a lower rate had the report been more favorable, we treat our decision as an adverse action under the Fair Credit Reporting Act. You have the right to obtain a free copy of a consumer report from the reporting agency listed above, provided your request is made within 60 days of receiving this notice. You also have the right to contact the reporting agency listed above to dispute the accuracy or completeness of any information in the consumer report provided. The reporting agency did not determine your rate or play any part in our decision and is unable to provide you with specific reasons for our decision or how the rate was determined. You may request, no more than once annually that we re-rate you using an updated consumer report.

The specific information provided by Trans Union that may have influenced our decision is:
-Insufficient length of credit history (-)


WHAT THE FUCK DOES MY CREDIT RATING HAVE TO DO WITH MY CAR INSURANCE!!!! And 'insufficient credit history'? What, because I paid for my almost-new car with cash all at once, instead of putting myself into debt? While I've been occasionally a day or two late on bill payments, I have always paid them in full. Is selling your soul to a credit card company, having $100,000 dollars of credit card debt, but making those $15 a month payments all it takes to have a 'good' credit rating? I took out a loan for a surgery my dog needed three years ago, and paid it off in two months! Why am I being punished like this?

Fuckers.