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CNBC video on GEICO

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Uploaded by on Jul 9, 2008

Ron Insana from CNBC breaks national story of GEICO's business practice with Eric Poe from CURE Auto Insurance and Robert Hunter of Consumer Federation of America.

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News & Politics

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  • in NJ its a "no fault zone" so my bf got hit by this idiot - and it was completely the other guys fault... but my bf still has to pay his deductable.... wtf is up with that? so case in point - if you get hit by some douche - and you are injured - you have to cover your deductable - not the other guy.. and then try and sue them... effin BS New Jersey..i gotta get outa this state... insurance is a major SCAM

  • GEICO sucks! I have never had a ticket (or an accident) and I make minimum wage at my job. I have to pay more becuase I don't wear a tie to work? WTF??

  • People need to wake up and smell the coffee here. This is an issue that needs to be something that every person understands. Being rejected the best rates from an affiliate car insurance company because you don't have the money to go to college, or because you work in a traditionally low paying job is DISGRACEFUL. The impact to the lower income and minorities in this country is significant when this becomes adopted by competitors.

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