glc (06/26/2006) |
You sold your car, left your plates on and "waited a few days to give the buyer a chance to get his own insurance". Guess what? You are totally WRONG! Did you not realize that if the person you sold the car to was involved in an accident that it would go under YOUR insurance policy? Why should GEICO have to insure a driver that they have no knowledge of? Did you also leave your registration and inspection sticker on? Gee, too bad the new owner didn't get a few parking violations that YOU would now be resposible for. Pay the $10.97, move on and consider this a lesson.
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Yeah, I'd be careful of leaving your insurance policy active for another owner in the future. That could end up costing you! Glad nothing bad happened this time.
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Yeah, what 11.00 bucks, you might also want to call them back and tell 'em you want to opt out on getting their junk mail.
That is...remove your name from their Dbase.
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The best thing about Geico is the free pie and chips. It's pie, with chips, for free! How's your mum?
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We had a similar problem with GEICO. When our policy was about to be renewed we shopped around and got a better rate with another company. I let GEICO know we would be renewing with them (certified letter). About a month later I got a cancellation letter for nonpayment and bill from GEICO saying we owed for one month since they continued our insurance as a favor to us. I called and told them the policy was cancelled and they had received a letter before the date of cancellation. Of course they say they never got the letter so I resent it again certified, with a copy of the sigend certified card. It took about 2 months, but they finally s ... more >>
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I used to live in New York, and the way I understand it, you must turn in your license plates before your insurance can be cancelled. This is New York State Law, as the DMV want to make sure that you have insurance coverage on your vehicle as long as it is registered, so the insurance company was 100% correct in asking you to surrender your plates to the DMV before they would cancel your insurance.
By the way, why didn't you remove your plates from the vehicle when you changed ownership? That way, you could have immediately turned in your plates and cancelled your insurance without any problems or misunderstandings!
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I absolutely LOVE to bash GEICO...but cannot bring myself to doing it for this poster. The seller didn't remove the plates and allowed the buyer to operate the vehicle until they obtained plates/insurance. The vehicle remained insured by GEICO until a state law requirement was fulfilled. There are likely statutes violated by the poster (i.e. "unlawful use/transfer of registration"). Had an at-fault claim resulted, the buyer didn't have insurance (yet). The third party would have tried to collect from GEICO...and failed, and sued the poster, who is probably suit-proof anyway. Pay the $11...you got by cheap.
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Who's surprised here with a complaint against this company?
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It would have been good if the new owner got into an accident at least that way you could have helped stick it to GEICO and all of the games thay play.
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You're from NY right?
That's a state law, not a Geico rule. Perhaps you should have checked with the DMV before you sold your vehicle.
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Drillsergeant doesn't seem to be the smartest one to listen to. The NY DMV site says "A. Your driver license and vehicle registration will be revoked for at least one year if the DMV receives information that you were involved in a traffic crash while driving a motor vehicle not covered by liability insurance. Your license and registration will also be revoked for at least one year if someone else is involved in a traffic crash is convicted of operating without insurance.
The traffic court fine could be as much as $1,500 for driving without insurance or allowing someone else to drive your uninsured vehicle. You will have to pay the DMV a ... more >>
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You're not alone. GEICO billed me a month's insurance that overlapped with a new policy even though I sent notification to cancel the policy. The other insurance was charging me less than half what I was paying GEICO for the same coverage. Now I'm trying to fight off a Credit Collector and a possibility of being sued by these crooks. I sent them the form sent to me by my new insurance company to show that I had obtained replacement insurance, but they didn't like it, so they charged me another month anyway.
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It looks like, to me, everybody has missed this guys problem. It should not matter what State you live in, or what the law is. Once you request something be cancelled, it should be cancelled!!! As long as he gave the proper ID to the company (Policy #, phone#, address, vehicle id, etc.) they should have CANCELLED. It is not up to insurance companies to see that a particular person abides by the law. Doesn't matter why he waited a couple days, maybe he is a nice guy, the point is he requested a cancellation and Geico as much as told him where to go. They were not asked to insurance the new owner, in fact they were asked NOT to insure. G ... more >>
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Since everybody here seems to be on the same track, so to speak, let me put it this way: I pay you X amount of money to do a job for me (just like you pay x amount for 6 mths insurance). Down the road something happens, doesn't matter what (I sell the car, I sell the house, I move to another state,) I don't want the job finished. I have already paid you for what you have done and I tell you: I am cancelling the rest of the project. You don't need to know why. All you need to know is: I have paid you for what you have done, I have told you to stop, If you continue it is at YOUR OWN EXPENSE. This guy asked to have the policy cancelled, d ... more >>
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Why on earth would you give your plates to the buyer? It leaves you liable for any accidents or tickets they get.
I think you are wrong in this situation.
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I've posted an informative paragraph on the subject. (sorry for some reason unable to post it directly to this post) please read it if you have not.
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truckin21: I see your point. However, NY law is very clear and was stated by previous posters. The poster did not follow it, and therefore Geico (or any other insurance company) cannot cancel it for that same situation. If Geico would have cancelled his policy before plates were turned in, then Geico would be fined by the state because they did not follow state regulations.
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