Subject: Re: Re: Re: Re: GEICO auto insurance policyholder

Comments:
: Geico is very ambitious. : In 1973, under Kreeger's leadership, GEICO began to insure the general public, after real-time access to computerized driving records became available throughout the United States, and it was briefly the fifth-largest U.S. auto insurer. Unfortunately, by 1975, it was clear that GEICO had expanded far too rapidly (during the brutal 197375 recession) when it reported an embarrassing $126.5 million loss. To prevent GEICO from collapsing, a consortium of 27 insurance companies agreed to take over a quarter of its policies, and it was forced to issue a stock offering (thus diluting existing stockholders) to raise money to pay claims. It took five grueling years (during which the company shrank significantly) and a massive reorganization to set GEICO on the path to recovery. : Jeff Canine : : They are really good at taking payments but when you have a problem... Agents & adjusters seem like they've never handled a claim before. I had a total loss on my car three months ago and have not gotten a penny. : : Sue : : : GEICO says they have the lowest premiums but when you get done you will have paid twice as much for your accident as you would going with a higher premium company. So next time you see that little GEICO gecko dancing the robot.....Remember GEICO Employees are robots and they are programmed to RIP YOU OFF every step of the way! : : : Paprhat : : : : "I have been a client since 1998. My uncle has been a client since the 1970's. We have had some major accidents with our cars. The geico people were fair and understanding. My accident was pretty bad I still suffer from injurys but the Geico people were so understanding and worked with me to get things done. The rate hikes I have gotten were fair compared to other companies (several hundred dollars!). We also insure our homes with Geico. I can't imagine leaving!!!!!!!!!!"

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