CNBC video on GEICO
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Actually - you are an idiot. You know nothing if you think GEICO only sells auto insurance. Go to their website and click on "homeowners" for insurance- they have a partnership with various homeowner's insurance companies that pay them hefty commissions for all of the policies that sign up. If you know nothing about the industry - keep your trap shut.
insurancestar 3 years ago
This man is a complete idiot! at 1:04 the guy says that auto insurers like to get their foot in the door to sell other insurances...
GEICO only sells auto... Nothing else...
misinformingu 3 years ago
I heard CURE auto insurance exposed them in some auto insurance rivalry. Like Buffett needs any more money than he already has - now he's got to screw poor people! WTF
bfrench1972 3 years ago
This just shows you that when a damn lizard pervades your house as some elitist British-Australian accent - he really is only talking to his hoighty toighty rich people ol' chap. No wonder the commercials never have some guy working at a construction site.
StratatasicFender 3 years ago
I suppose that GEICO doesn't think that the upper classes have enough advantages now, and maybe they need some help on their insurance rates. This seems discriminatory to me. If GEICO is selling their product below cost to gain some sort of advantage in other markets -- if they are just trying to add to their sales lists -- perhaps this is something that insurance regulators or the NJ legislature should look into.
andalusia1234 3 years ago
This should be a 60 minutes or 20/20 topic. GEICO is acting as if they don't know that rejecting people because they don't have college degrees or high paying jobs isn't related to income? Are we cavemen? Comon!
poeeri 3 years ago