Skip to comments.My Message to Geico, and their answer. (Glenn Beck Advertising)
Posted on 08/14/2009 2:39:05 PM PDT by xmission
My Message to Geico, and their answer.
I learned yesterday afternoon that Geico had succumbed to lefty pressure, and pulled their advertising from Glenn Beck's show. I decided to email them and tell them that I would be pulling my insurance from their show if they did this.
My Message to Geico:
>General Category: Other > Specific Category: Other > State: NH > > Comments: I read that Geico has pulled their advertising from the Glenn > Beck show due to pressure from a radical leftist group. > > We currently use Geico for all of our car and recreational vehicle > insurance. If this is true, I will be moving all of my insurance to > another company. > > I will also be telling all of my friends, and forwarding this message by > email to everyone that I know. > > I think you should quickly reconsider.
Thank you for contacting GEICO.
Thank you, first of all for your business and also for your interest in this matter.
This week we took action to move our marketing messages from the Glenn Beck show and you are wondering why.
Well you deserve an answer.
If the inflammatory nature of the comments on a program overshadows our message and causes GEICO to be drawn into a national debate, we are likely to reconsider where we place our marketing messages, which is what we did.
GEICO delivers very important messages through its major marketing campaigns: were saving customers dollars, were easy to do business with, were looking out for our policyholders. Thats what we hope the public hears and sees and focuses on.
As a company, we do not take positions on controversial issues.
As an advertiser, while a national debate on issues can be healthy and appropriate, we dont see ourselves in the role of taking part in those debates.
Our business is auto insurance. We want to bring people value and we attempt to reach large audiences with that message.
It is of little benefit to us if a program gets so much attention that our message is drowned out.
GEICO Corporate Communications
They don't take positions on controversial issues?
They took a position by withdrawing. I encourage you to withdraw also.
Call USAA ASAP
Next we kidnap the Gecko. “If you wanna see the little fellow again, you better go back to sponsoring Glenn Beck.”
email link so we don’t have to search for it??
And, if not, why not?
(You can tell by the smarmy accent that he's from a socialist country anyway!)
Geico wants to place their ads only programs that get no attention whatsoever? May I suggest they try telepathy?
Love it.. As a GEICO customer I have the opportunity to take direct action. I will cancel them with relish.
oh crap! did USAA pull advertising too?
Just make sure you don’t switch to progressive insurance, they are even worse
50 and over? Withdraw from AARP, too.
So easy a caveman could do it.
Managing this monstrosity of a rushed gov’t socialist health plan:
So impossible, a million cavemen couldn't do it.
Geico= Warren Buffet company.
I had to use the form here:
Gieco = Government Employees Insurance Company
They used to exist strictly for govt. employees.
Now, they insure everyone.
Gieco abandoned New Jersey drivers in the early 70’s. I don’t care how cheap they are - I’ll never insure anything I own with them.
“I was thinking about getting an insurance quote from Geico.”
Go ahead, you don’t need to sign up, but they will spend time (time=$) preparing one. Then you can ask, are you the Geico that pulled advertising based on political pressure? And you know the rest.
It’s true: Geiko is run by cavemen.
What did you expect from the Government Employees’ Insurance Company (GEICO)?
Warren Buffets first flirtation with GEICO took place in 1943 as a fledgling investment consultant. Roger Lowenstein tells an anecdote about this in his book Buffett: The Making of an American Capitalist.
Apparently, Buffett, knowing of the involvement of Graham, his mentor, with GEICO, decided to look it over. He visited the companys offices only to find them closed. The nightwatchman told him that there was someone still working there, late, and agreed to take Buffett in to meet him. The late worker turned out to be Lorimar Davidson, who was to end up running the company.
Buffett interrogated Davidson for several hours, and each man made a good impression on the other. Because of these discussions, Buffetts investment partnership took a small holding in GEICO, which it eventually sold down.
By 1974, the company was not travelling well. The government had brought in no-liability insurance in some areas, the company had extended its clientele to higher risk categories, and there had been inadequate provision for future claims.
In 1976, it announced a loss of 126 million dollars and the companys shares, which had traded as high as $42, were down to just under $5. The 1976 Annual General Meeting was a near riot with angry shareholders challenging management. By then, the shares were down to about $2.
There was then a change in company management with J J Byrnes taking over the key role. Byrnes made drastic changes, cancelling high-risk policies, laying off staff and moving office. Despite these changes, the regulatory authorities were hovering over the companys near carcass.
Buffett had always kept his eye on the company and took the view that despite its problems, the companys core business was sound.
The companys premiums also attracted Buffett. Insurance companies receive premiums against the possibility that they may have to pay out claims in the future. Provided the company follows sound actuarial practices and makes adequate provision for claims, this gives it large amounts of cash to invest in profit making ventures. This is what Buffett calls the float. He saw this as an opportunity to provide cash resources to buy businesses and invest in shares.
Through Katherine Graham, the proprietor of the Washington Post, Buffett arranged to meet with Byrnes and was apparently impressed enough to buy, via Berkshire Hathaway, 500,000 shares in the company with a standing order to buy more........
I got the exact same reply from GEICO.
I informed them that they’ve lost me and millions of Beck supporters, because we watch to get balanced news rather than just CNN or MSNBC.
Anyways I said “With all due respect your little geico is a coward, sir.”
I suggest more write as I got the same reply immediately.
Or any number of shows on MSNBCommunits
They better take a hard long look at the Obama administration. What makes them think it will only be health insurance the government takes over? After all doesn’t the government now run the new joke of car companies GM?
I would say good bye profits.
You should send that exact message to them LOL!
I guess they will attract more business on Keith Olberman’s program. MSNBC and CNN seem to have the LARGE NUMBERS /exaggeration type off: to attrack all that business. NOT!!!
I will cancel them with orange marmalade (sorry, I know that was lame-political shenanigans are making me silly)
LOL! I have to hand it to GEICO though. They do make clever ads.
I’ve been treated VERY well by State Farm over the years...
It must cost a lot to advertise on such a high-ranking cable show. Perhaps it’s not the risk they’re worried about, but maybe they just can’t afford to pay the price for advertising on such a high-caliber show?
I avoided GEICO in the 90s because they would buy radar guns for cops. Now this is a sneaky way to build a nice feedback loop where their radar guns nailed their own customers driving up insurance rates.
I don’t know if they still do it, but it made me aware of the character of the company.
And the cavemen and geckos are lame.
If they don’t take on controversial issues, why would they advertise on a political show in the first place?
GEICO is stupid for doing this. It has been my experience in the insurance industry that conservatives tend to have the better driving records over all. GEICO caters to standard drivers, not sub-standard or non-standard drivers.
Why the hell would you support GEICO anyway? They are well known for handing out free radar guns to police departments and denying claims if they find you had a radar detector installed at the time of the accident.
USAA doesn’t advertise in the mainstream media. They only cover military officers and NCOs and dependents.
I just sent an email around. I hope this takes off.
We can’t let the asswipes take us down.
Post of the day! Great one!
As well as being a Friend of Obama, Buffett is a huge pro-abort. I try hard not to do business with him.
He also owns Fruit of the Loom and See's Candies.
Do they advertise on MSNBC? On Olbermann? Madcow? TingleBall?
Buffet told us Obama’s economic sense was good.
What an asshat.
Their name is a giveaway. Might as well call themselves Commie Coverage.
I stopped going to his cousin’s concerts a long time ago.
Fine. Let them pull the ads. No ads mean less customers.
USAA doesn’t need advertising.
(What you hear) Buffett: "Obama's economic sense is good"
(What it means) Buffett: "Obama's economic sense is good ... for my bottom line"