Thursday, March 3, 2016

Have You Checked Your Car Insurance Rates Lately? Thanks #Obamacare

by Kim D.

When I first began driving, my father insured me with GEICO, and I have to say that over the years, this company has been a delight to work with - hassle free with impeccable customer service. I still have the policy which is now shared by my husband.  On a separate policy is our step-daughter.

We tried to go cheap with a Progressive car insurance policy for a year with horrible results. What you save in premium dollars isn't worth the hassle and horrible customer service. So, we switched her back to a GEICO policy.

Her six-month renewal was due in February, but I noticed that the premium had increased over $100. My first thought was "Oh,boy, what claim did she make without our knowing it" because that's typically been the only way a premium goes up in the 25-plus years I've been dealing with GEICO. My step-daughter denied she had made any claim or had even had a traffic citation in the past year.

So I called GEICO. A customer service rep immediately answered and was happy to look into the policy. She verified that no claim had been made and that my step-daughter was receiving all the good driver discounts. In response to the question of why the policy had increased over $100, the rep said in a shaky voice that it was costing more to fix cars now.

When I stopped her and politely let her know that excuse wasn't working, she admitted, hesitantly, that it was costing GEICO more to now cover the medical portions of the policy.  I thanked her for her honesty and said, "You need say nothing further - the increase is because of Obamacare," a claim she didn't deny and began apologizing for.

Lesson learned - check your automobile policy renewals. To counteract the medical insurance increase, you can up your deductible, bringing the policy increase back down to what has been spent the previous year.

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