Hi to All, I'm searching for insurance but fear getting high quotes due to credit scoring. My FICO is currently 635. Is GEICO a good choice? Geez, I hate the thought of shopping for insurance and getting hit with the inquiries! It is so unfair. Any information any of you can provide on GEICO will be appreciated. As a matter of fact, if you can suggest an insurance company that won't pull a credit report I would greatly appreciate it. Thanks in advance Calmest_LA
If you do your quote over the phone, you can tell GEICO that you don't want your credit pulled. If you do it online, they will pull your credit. I assume we are talking car insurance...
When they answer the phone..."I DON'T NEED TO GET AN INQUIRY FOR A RATE QUOTE...DON'T PULL ANY CREDIT REPORT TO "SEE" HOW I DRIVE"!!!
Good luck...with most insurers you currently don't have a choice for a credit check or not except in the states of CA and GA. You can tell GEICO you don't want them to run your credit and then they'll just tell you that you can't have a quote.
get advice from breeze. or go back and look at thread about my inquiries on auto insurance. she was very helpful with her insights
I TOTALLY AGREE! I feel there is little or no relation between credit history and driving habits, but I guess those corporate experts feel otherwise. Afterall, I have halfway decent credit and I speed a little (shhh, lol).
I AM GOING ON FACT!!! My brother has ROTTEN credit because of EX...he has ROTTEN rates although he has NO AT- FAULT ACCIDENTS AND NO TICKETS AND NO CLAIMS (EXCEPT THE ONE HIT AND RUN~~~STUCK IN TRAFFIC...POLICE WERE CHASING A BAD GUY...10 OR 20 POLICE CARS...BROTHER COULDN'T GET OUT OF THE WAY~~~TRUCK TOTALED...HE WASN'T HURT, MUCH, AND THE BAD GUY WAS CAUGHT!!!) "SEE HOW HE DRIVES BY HIS CREDIT REPORT"~~~WRONG!!!!!!!
Not with GEICO. Geico will give a quote without pulling credit - tell them up front that you do not want credit pulled. In some states (not all) you will not get preferred rates without credit, however, once you get a GEICO policy you can go to preferred after 6 months or a year (assuming you have a good driving record). Don't wait until they ask about credit, most of the reps do it very fast. Tell them before you give SSN. Don't worry, if you make it clear up front, they will do as you ask. DO NOT use the words George has given you, LOL, the poor rep that has to ask you about credit didn't make that rule - that is the person at the bottom of the totem pole, no need to take your frustration out on them. And like I said, if you explain politely what you want up front, it will not be an issue. Many people do this, they all get quotes.
(.) They just fill in the blanks... ...THEN AGAIN...IT DOESN'T MAKE IT RIGHT... POOR CREDIT + CLEAN DRIVING RECORD = HIGH RATES...
Nope, he didn't get it. Yo, George, when you talk to the GEICO rep, be nice. Don't shoot the messenger. Doc
Ok Playing the bad guy here, and I don't agree with it, but I think they pull credit for auto insurance to see if you are maxed out on CC's and have tons of judgements which can make certain people suicidal and possibly crash your car into a river. It's a stretch but it can happen.
I recently switched to Geico for my motorcycle insurance and the policy has been in force now for over a month and no inquiry had been pulled. I don't want inquiries for shopping around but I don't mind an inquiry after I accept the policy. But not getting an inquiry at all is fine too! Now, Progressive is a *whole* other story.... their privacy policy sucks and they pretty much told me they have to pull your credit to give you a quote. No thanks, Progressive. Your rates aren't *that* good. Ozzy.
Ozzy....I fail to see how Progressive's privacy policy sucks considering they don't sell or share any information about you. Perhaps you mean their credit policy? And as far as their rates go, it depends on where you live and other factors just like anyone else. I've been with Progressive for a long time and I've found their rates to be about the best where I live in Ohio. Considering they're the 4th largest insurer, they have to be doing something right and have decent rates or they'd never be that big.
Thanks Everybody for your input and special thanks to Breeze for such helpful advice. I will tell them up front that I do not want a credit report pulled. In any case, I can tell you that my driving record is spotless, irregardless of my flawed credit. My credit went downhill as a direct result of divorce and living in a community property state. My ex-husband called me once day, while I was at the office, and told me that he was leaving me for his secretary. I know this sounds cliche', but it's true. At that time (and before I married him) I had AAA+ credit. After I received 1/2 of his debts, my credit history took a nose dive. I couldn't pay my personal credit bills and his debts too. It was so unfair. I begged and pleaded with him to "play fair" and to pay his own bills and let me pay mine, just as we had been doing during the marriage. But he had a new woman to impress and buy things for, so he was more than glad to let me be responsible for 1/2 of his debts. His debts were WAY more than mine. Community property states suck. I will never live in another community property state as long as I live. To this day, I have mental/physical flashbacks over suddenly being saddled with 1/2 of his debts. It caused me such mental anguish and despair that I cannot even begin to tell you what trauma I went through. It was a living hell. It was a nightmare. The laws should be changed. Divorce should NOT cause such financial disaster. Each spouse should continue paying their OWN bills just as they did before the divorce. I hate to hear those jokes about the "wife" running up all the credit cards, because that was certainly NOT me, ever. I rarely spent money on anything, even if I had it. In any case, I am extremely upset to know that I will now be penalized again with higher insurance rates due to my credit history. How much more do I have to pay for choosing MR. WRONG? Bad credit history has NOTHING to do with how one drives his or her car, lol! Bad credit has to do with bad luck, poor money management, divorce, illness, job layoffs, etc., but it has NOTHING TO DO WITH DRIVING! Raising insurance rates based on credit history is just an underhanded way of fleecing the most vulnerable customers. The rich get richer. Is there anything we can do about it? Calmest_LA
[ I hate the thought of shopping for insurance and getting hit with the inquiries! It is so unfair. Calmest_LA =============================== YEAH but it's profitable !
Considering they're the 4th largest insurer, they have to be doing something right and have decent rates or they'd never be that big. schweb | Some of the biggest insurers got that way by pulling the biggest cons.
Bad credit history has NOTHING to do with how one drives his or her car, lol! Bad credit has to do with bad luck, poor money management, divorce, illness, job layoffs, etc., but it has NOTHING TO DO WITH DRIVING! Raising insurance rates based on credit history is just an underhanded way of fleecing the most vulnerable customers. The rich get richer. Is there anything we can do about it? Calmest_LA You're 100% CORRECT. What to do about it,Don't buy from them!
