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Andrew Tobias

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

GEICO Redux

April 29, 1996February 6, 2017

The first time I ever heard about GEICO, was 1973. Funny name for an auto insurance company. But my estimable editor at NEW YORK Magazine — a magazine published for people who by and large don’t own cars, because they live in New York, where you’re crazy to own a car — told me to check into them anyway.

I’ve been recommending GEICO (along with a few others) ever since.

For reasons too boring to inflict, I have not, however, until now, been using GEICO myself. On Easter Sunday, having just seen their TV ad urging a 15-minute phone call to see how much you could save, I gave it a shot.

Who’s at work on Easter Sunday?

Well, GEICO was, and in fine spirits, and in 15 minutes I had knocked 34% off the cost of my auto insurance for the exact same coverage I’d been getting previously. A saving of $482 a year.

You may not do as well. But 15 minutes? That number again: 800-841-3000.

Tomorrow: Jackie — Oh, What Prices!

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"Money is a singular thing. It ranks with love as man’s greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce."

John Kenneth Galbraith, The Age of Uncertainty

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