Will GEICO drop me after my most recent accident?

How many accidents can you have before a company drops you? I had a few accidents from a couple of years ago, and since then I have been working really hard on my driving. I have even taken a defensive driving class to improve. Well, I was in another accident the other day, and now I am worried GEICO will cancel my policy.

Answer provided by
avatar
Shannon Martin
Answered on Jul 06, 2021
Shannon is an expert in personal lines liability insurance with 13 + years of insurance industry experience. She also served as a special insurance liaison to AARP members for 6 of those years. She is a graduate of UL Lafayette and currently resides in NY with her family. Shannon is also an amateur juggler, ukulele player, and is a time travel paradox theory enthusiast.
GEICO and most other standard carriers have a three year, 36-month rule.
If you have three or more at-fault accidents within 36 months, your policy will be non-renewed.
If all of your accidents have happened within a three-year time frame, you may need to shop for a new carrier before your next renewal.
Another thing to be aware of is that all carriers report to a consumer reporting agency called CLUE. CLUE collects accident and prior carrier information that is shared amongst the insurance companies.
If GEICO non-renews your policy due to the accidents, State Farm and other insurance companies might deny a new policy for the same reason.
When shopping for a new policy, you will want to try a non-standard carrier like the General, SafeAuto, or Infinity.
They specialize in policies that other carriers may deem a “high risk.”
You can also shop for insurance by using the free app Jerry. Jerry will get the lowest prices from both standard and non-standard carriers.”
thumb-up

Did this answer help you?

Ask us a question by email and we will respond within a few days.
thumb-up

Have a different question?

You can meet us at our office and discuss the details of your question.

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies