Search found 2 matches

by Insurance2015
Thu Aug 04, 2016 11:15 am
Forum: Opinions
Topic: Geico or Elephant
Replies: 9
Views: 11468

Re: Geico or Elephant

Does this mean they have separate rates for new and renewal business or is it just a difference of effective dates i.e. new and renewal rates are the same but become effective on different dates? If it's the former how is that not discriminatory? Is it a new customer or similar type of credit? When...
by Insurance2015
Wed Aug 03, 2016 12:42 pm
Forum: Opinions
Topic: Geico or Elephant
Replies: 9
Views: 11468

Re: Geico or Elephant

Elephant doesn't "cut rates." They usually accomplish the cheaper premium by having the customer request to be sent back to sales to receive a rewrite under the current new business rates, versus their renewal rates. Sometimes customers will go online and requote themselves under new busin...