Geico Ran A Credit Check

by Al
(Henderson, Nevada)

Geico Credit Check Questions

Geico Credit Check Questions

Geico ran a credit check on me without authorization.



I did not contact them at any time.


There were two people living here with the same name, and nobody gave Geico a social security number.


How is this legal?

~Al








Hi Al,

Unfortunately, insurance companies DO run credit checks as standard procedure when they get an inquiry for an insurance quote.


The insurance company doesn't even need a social security number to run a credit check. They are able to use your name and address to get a basic credit score.


Supposedly, this type of credit check doesn't really affect your credit score adversely. There is debate as to whether or not that is true, but I tend to fall an the side that it probably doesn't hurt your credit score too much, if at all.


If Geico ran a credit check on you, it will be listed on your credit report, but it will be identifiable as an insurance check and not a request for more credit.


Perhaps the other person who shares your name and address requested a free insurance quote from Geico and that's how the mishap occurred.


Insurance companies use credit scores to help factor what your auto insurance premiums will be. I know it doesn't seem relevant, but they have apparently determined that it IS relevant according to statistics gathered over a number of years.


I'm sorry for your concern and upset. It's just the days we are living in. We really have very little privacy left, no matter how much we talk about it.


~Angie from Auto Insurance Helper

Comments for Geico Ran A Credit Check

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Nov 21, 2013
geico NEW
by: Anonymous

geico did this to me too i got a quote and it was very reasonable then i get a letter tellin my insurance was higher then what i was quated and thought id be payin when i called and asked i was told they ran a credit check after ok so u run a credit check without tellin me but im only really mad because i was told one thing and had the paperwork and everything the get told its diffrent with no warning is this leagal because they should of did it in the begining

Nov 21, 2013
Geico Not Honoring Their Quote After Credit Check NEW
by: Angie from auto-insurance-helper.com

Unfortunately, these days insurance companies seem to do whatever they want and get away with it. There are some companies that are much more client friendly than others.


If you had a quote in writing, did it say anywhere on the paperwork that the price was guaranteed or that it might change after further evaluation? Definitely check the fine print.


If there is no mention of the quote being subject to change, complain to Geico directly. Tell them that you aren't willing to pay their after quote/credit check price and look elsewhere.


There are plenty of places where you can get free quotes, so shop around.


From what I can tell, Geico doesn't have that great a track record anyway, so it might be a blessing in disguise that you go with some other auto insurance company.


When you get further free quotes and choose a different insurance provider, ask the company up front if this price is subject to change or if it is a genuine quote.


All the best in your quest!

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