Posts by Charles Stewart60

Nicole Long28 said:Quentin.

I guess he headed over there to check on the computers. Maybe.
Quentin.

Not really. The Midwest.

Man, just tell me which table we're looking at—VK? OS? I really wanna see if my math checks out. 😁

Nicole Long28 said:My car is 140 hp. Last year, I grabbed a 20% discount through GEICO and it ended up being $1100.

The deal expires next week, and with a 25% discount, GEICO is quoting $2,700 while a local outfit down on the Gulf Coast is offering it for $2,150. Honestly, who even are these guys? It doesn't even matter that much since I won't be filing any claims, but I really don't want to sign my life away to some shady company. What’s their reputation like?

Wait, those aren't NYC plates??
It's liability insurance, so you won't be the one collecting on it... looks like a killer deal to me.

Gary Reyes9 said:My policy expired last week..
Here’s what I’ve been quoted so far:
Allianz $667
Allianz and another provider at about $1,800
State Farm was asking 1,400...😁...

For a car with 68kW 🙂

Over 66 kW and only 1400??? From those Rocky Mountains folks😲...
1800 is pretty low, but 1400? I don't buy it...☕...

Jeffrey Campbell97 said:I used to have my coverage through $0.87(an 85 kw car, New York City), but I just ended up paying a whopping $0.67 over at State Farm. Before this, I was with Europe... and honestly, they were just taking me for every cent I had for years...
Hopefully, the rates will drop even further...

that's basically what I'm looking at with my policy from 😁 😍

I don't even bother replying to emails anymore, unless I'm just throwing out a random number... 🙄

Jack Peterson7 said:It’ll be even better when one of those massive global insurance giants ends up getting bullied by a handful of local street thugs from the South 🤣

Just wait until the USA decides to step in and deal with this.☕

we'll see😍

there's no way the USA is actually running things in this country.😁

Sam Ruiz60 said:They’re just delaying the inevitable.
Now that people have seen what these clowns are truly capable of, they're going to start flocking to General Motors.

not everyone 😉

those massive conglomerates aren't gonna have it nearly as easy as they thought they would.😁

crimsonviper14 said:So, I just got some more details on these loans.

1. They’re forcing automatic payroll deductions. Honestly, I’m not a fan. Up until now, my payments have always hit my checking account on a specific day we agreed upon, and if there isn't enough cash in there, they just wait until the next deposit hits. Simple as that.

2. If you want to make a partial early repayment—say, the loan is $15,000 and I want to drop $5,000 on it once I come into some money—nothing actually gets restructured. You still end up paying the interest rates originally agreed upon at the start.

3. The worst part: you have to pay for a risk or life insurance policy all at once. I already have a life insurance policy that I pay for monthly, and I’m just not feeling this. They say even if my existing coverage is enough, I still need their specific policy, which costs about $1,000! I'm not even sure if that can be rolled into the loan or not... I kind of stopped asking after that.

Those are my three big deal-breakers. This whole loan idea has gone downhill fast for me. Has anyone else dealt with this bank or others regarding these insurance policies? What kind of coverage are they actually looking for here?

So, I'm a (not so) happy customer of this bank 😍

Look, banks have their rules and they aren't about to budge. If they demand an automatic payroll deduction, good luck getting them to back off.

As for restructuring the loan, who knows. If I suddenly had extra cash, I'd rather just put it in a CD so the interest earned could offset what I'm paying them... That's what I'd do, anyway.

Yeah, I also have life insurance that I pay for. They'll accept it for specialized loans, but not for general ones. 😠 Ugh, and their risk policy seems pricey to me. Either the amount is too high or something's off... I don't know. Anyway, you can usually work out a deal to pay the risk fee directly out of the loan proceeds...

Hope that helps a bit...

Looks like we’re heading toward a "no rules" rule soon🙄

General Motors kicked this whole thing off, and now everyone else is being forced to follow suit...
Honestly, great news for the customers, but a total nightmare for the insurance companies... what a mess ☕

Gregory Ortiz2 said:don't even have basic yet... thought about bundling both with the same company, just wanted to see what you guys think...🙂

But hey, if you've got someone you actually know in that area...😉

Peter Perez66 said:Then why does their actual website say "Supplemental insurance"?!

I noticed the last post here was four months ago, so maybe things shifted in the meantime?
Did they fix that shady setup everyone was complaining about, or is that "issue" still a thing?
The promo is only running for another week, so I'm seriously considering jumping on it...

Looks like they might've changed things up, but honestly, I haven't dug deep into their current lineup.
It’s totally possible they’re offering supplemental coverage now—probably just some desperate move because of the economic 😁 slump before a potential buyout...