GEICO cancels policy because customer works in firearms industry.

[JMBD2112]

insurance is over rated, just ask anyone who lives in montbello!

[ben4372]

insurance is over rated, just ask anyone who lives in montbello!

Hey that's not a fair statement. Never mind I thought you said monte carlo . My bad.

[trlcavscout]

I dumped geico after they dumped the gunny.

[centrarchidae]

Geico has been giving money to gun grabbers, off and on, for decades. This cancellation isn't welcome news but it's not all that surprising.

And Warren Buffet can go suck on a tail pipe.

[mpatch]

Pretty sure the back story was the guy was using his car in a business aspect which is a no go no matter what your line of work is, that's why they have commercial policies.

[griebel303]

Pretty sure the back story was the guy was using his car in a business aspect which is a no go no matter what your line of work is, that's why they have commercial policies.

I heard the same a week or so back

[Irving]

Pretty sure the back story was the guy was using his car in a business aspect which is a no go no matter what your line of work is, that's why they have commercial policies.

I don't even have to know the back story to know this is true. This is clearly a commercial policy that does not meet the underwriting standards for whatever business exposure in which this person or company is engaging. In order to even cancel a policy, the person purchasing the policy would have had to have basically lied in order to get it written in the first place. Insurance companies can't just go around canceling policies willy nilly. There are very specific circumstances in which a policy can be canceled. The one that most of you are more familiar with is non-payment.

Ronin, as an agent, you should know better.

[th3w01f]

Pretty sure the back story was the guy was using his car in a business aspect which is a no go no matter what your line of work is, that's why they have commercial policies.

If the letter is legit (no idea) then this doesn’t make sense. The letter would just saying something about using the vehicle for "business purposes" and not mention weapons.

I find the use of the term 'weapons industry' suspect, does that mean you can't have GEICO if you work for Lockheed?

[Bailey Guns]

I'm with Irving. There's more to this story than what we're hearing - or reading in this letter. I'm not gonna panic just yet.

I doubt this guy is the only GEICO insured in the "weapons industry". Why haven't we seen other letters? Smells like a lot of hysteria over nothing.

[sniper7]

yep, he is probably just pissed he got cancelled for screwing up or trying to screw them over. I didn't get asked a damn thing about mine and have a rider on mine for extra firearms and jewelry coverage.