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Typically, Geico auto insurance rates are competitive in most areas of the US. However, like most major carriers, there are pockets of certain states where premiums have increased faster than expected.
The reason could be a combination of higher claims activity than anticipated along with underwriting adjustments that resulted in lower than expected new business premium.
The reason could be a combination of higher claims activity than anticipated along with underwriting adjustments that resulted in lower than expected new business premium.