As the second largest auto insurer in the U.S., GEICO provides affordable policies and good customer service to over 30 million drivers. GEICO offers standard coverage options as well as useful extras so drivers can customize their protection.
This comprehensive guide covers GEICO’s offerings, what impacts your insurance rates, how to get free quotes, the claims process experience, and more about one of America’s most popular insurers.
GEICO Auto Insurance Coverage Options
GEICO offers all the core types of car insurance coverage drivers expect, plus additional protections to suit your needs.
Liability Insurance
Liability insurance is mandatory to drive legally and covers damage you cause to others when an accident is your fault. It does not pay for repairs to your own vehicle. GEICO provides:
- Bodily Injury Liability — Pays medical bills for injured parties
- Property Damage — Covers repairs or replacement costs for property you damage
Liability limits generally range from $30,000 to $500,000. It’s wise to buy more than your state minimum.
Collision Insurance
Collision coverage pays for damage to your vehicle after an accident with another car, object or rollover, regardless of fault. You pick a deductible amount to pay out of pocket before GEICO covers the remaining repair costs.
Typical collision deductible options include $250, $500, $750, $1,000 or higher. Higher deductibles lower your premium.
Comprehensive Insurance
Comprehensive coverage pays for damage to your vehicle that is not from a collision, including:
- Theft
- Vandalism
- Falling objects
- Fire
- Flood
- Hail damage
- Hitting an animal
Like collision, you choose a deductible amount that suits your budget. Many drivers select $500 or $1,000 comprehensive deductibles.
Uninsured/Underinsured Motorist Coverage
Uninsured and underinsured motorist coverage protect you if you’re hit by a driver who doesn’t have adequate insurance. This add-on pays for injuries to you and your passengers as well as vehicle damage.
Personal Injury Protection (PIP)
In no-fault states, PIP coverage pays medical bills for you and passengers after an accident, regardless of who was at fault. GEICO offers state-minimum PIP limits where required.
Medical Payments
MedPay covers medical bills from injuries to you or passengers after an accident, up to policy limits. GEICO offers $1,000 to $10,000 in MedPay coverage.
Roadside Assistance
GEICO offers an affordable roadside assistance plan that provides towing, jump starts, flat tire changes, fuel delivery and lockout service. It’s a good idea for extra peace of mind.
Rental Car Reimbursement
If your vehicle is inoperable after a covered loss, rental coverage pays for a rental car while it’s repaired. GEICO covers up to $900 for rental fees.
GEICO also offers mechanical breakdown insurance, rideshare coverage, and OEM auto part replacement without deductibles on comprehensive claims.
What Affects Your GEICO Car Insurance Rates?
GEICO uses the following criteria to calculate your personalized auto insurance premium:
Driver-Based Factors
- Age — Young drivers under 25 pay higher premiums due to increased risk. Rates go down as you gain experience.
- Driving record — Drivers with accidents, DUIs and serious violations see increased rates.
- Credit history — Good credit can lower premiums. Poor credit leads to higher quotes.
- Location — Where you live and park your car affects GEICO rates. Urban areas cost more to insure.
- Annual mileage — The more miles you drive, the more risk is involved. Low mileage earns a discount.
Vehicle-Based Factors
- Make, model and year — Premiums vary based on vehicle repair costs, accident rates, theft data and parts prices.
- Safety features — Anti-lock brakes, airbags and anti-theft devices earn discounts.
- Use — Commute only is cheaper than business or commercial use insurance.
- Garaging — Rates are lower if your car is parked off-street versus on the street overnight.
In addition, GEICO may use length of prior insurance coverage, renewal history and multi-vehicle policies when pricing your policy.
Average GEICO Insurance Rates by Driver Profile
To give you an idea of how rates differ based on risk factors, here are sample GEICO premium estimates for three common driver profiles in Chicago:
Single male under 25 years old with speeding ticket
- Honda Civic LX: $5,016 annually
- Dodge Ram 1500 ST: $8,552 annually
45-year-old married woman with excellent credit
- Toyota RAV4 LE: $1,388 annually
- Audi A4 Premium: $2,076 annually
Married couple over 60 years old with safe driving records
- Subaru Outback 2.5i Premium: $1,164 annually
- Buick Enclave Preferred: $1,812 annually
Actual quotes are based on much more detailed input. Get an online quote directly from GEICO to find your lowest personalized rate.
Discounts to Lower Your GEICO Insurance Costs
GEICO offers a number of auto insurance discounts and ways to save:
Bundle Home and Auto Insurance
Combine GEICO policies to earn up to 15% off your car insurance. Bundling is fast and simple.
Usage-Based Savings Program
GEICO’s DriveEasy program gives you personalized discounts based on actual driving habits monitored by a mobile app or OBD device. Low mileage and safe driving earn the maximum savings.
Choose Higher Deductibles
Selecting deductibles of $500, $750 or $1,000 brings significant premium reductions. Just be prepared to pay more upfront for repairs.
Maintain Good Credit
Drivers with excellent credit (scores above 760) save the most on GEICO insurance. Monitoring your credit could lower your rate.
Add Anti-Theft and Safety Devices
Anti-theft systems, air bags, anti-lock brakes and other protective features qualify you for discounts up to 25% off.
Seek Car Insurance Discounts
Being a loyal customer, insuring multiple vehicles, completing defensive driver courses, and belonging to certain groups also saves you money on GEICO auto insurance.
Pay Premiums in Full
Opting for full upfront payment rather than monthly installments avoids fees and could earn an additional discount.
Taking advantage of GEICO’s many discounts and savings opportunities allows drivers to secure affordable rates for great protection.
How to Get a GEICO Auto Insurance Quote
If you want to get car insurance quotes from GEICO and see potential savings, you have three quick and easy options:
Online
- Visit GEICO.com and enter basic personal and vehicle details into the quote form.
- Quotes are generated in under 2 minutes based on minimal information required.
- You can adjust coverage and limits to compare pricing.
Phone
- Call 1–800–861–8380 to speak with a GEICO agent who will gather your details and provide quotes.
- Provide accurate information to ensure you receive an applicable rate.
Local Agent
- Enter your zip code on GEICO’s website to find and contact nearby GEICO agents.
- Meet in-person with an agent to discuss needs and receive personalized quotes.
The full quoting and purchasing process takes around 15 minutes total online. There are no eligibility restrictions — anyone can buy a GEICO policy.
You can buy GEICO insurance directly on their website once you accept a rate, and take advantage of electronic documents and payments. Discounts are maintained on renewal policies.
GEICO Claims Process and Customer Service Experience
Understanding how GEICO handles claims and supports customers is vital to getting the most from your auto insurance policy. Overall, GEICO offers excellent service when you need to file a claim.
Claims Processing
GEICO allows you to start the claims process through whichever channel is most convenient for you:
- Mobile app — Download the GEICO app on your smartphone and start your claim anytime.
- Online — Initiate claims 24/7 on the GEICO website under the claims tab.
- Phone — Call GEICO insurance at 800–861–8380 to speak with a claims agent.
- In person — Visit a local GEICO office to file in-person during business hours.
Routine claims are often finalized within days after filing. GEICO’s fast claims handling, digital updates at every step, and direct deposit payments allow you to get back on the road quickly.
Customer Service Reputation
GEICO earns high satisfaction marks across policy, claims, and service:
- A++ financial strength rating from AM Best
- 4 out 5 star customer rating on claims handling
- 90% customer retention levels
- Low complaint ratios on third party rating sites
- Round-the-clock support via phone, online chat or email
Drivers can feel confident GEICO will respond quickly if they need roadside assistance or must file an auto insurance claim. GEICO makes the process as smooth as possible.
GEICO Company History and Financial Strength
GEICO is backed by over 85 years of industry experience providing affordable coverage to millions of policyholders:
- Originally founded in 1936 by Leo Goodwin Sr. to provide insurance directly to select customers.
- Now the 2nd largest U.S. auto insurer, insuring over 30 million vehicles
- Known for clever ads featuring gecko and caveman mascots
- Warren Buffett’s Berkshire Hathaway acquired GEICO in 1996
- Forbes Global 2000 ranked #100 among largest public companies
As an established leader, GEICO has also earned top ratings validating their financial strength:
- A++ (Superior) rating from A.M. Best
- AA+ (Very Strong) rating from Standard & Poor’s
- $44.7 billion in written premiums annually
GEICO’s scale, history, and profitability indicate excellent long-term stability as an insurer. Drivers can depend on GEICO to be there when you need to file a claim.
With low rates, popular discounts, and strong financial footing, it’s easy to see why 1 in 10 U.S. auto insurance customers select GEICO for protection. Follow the steps in this guide to get a customized GEICO quote today.
FAQs
How much does GEICO car insurance cost per month on average?
GEICO car insurance costs approximately $100 — $150 per month on average. Rates vary significantly based on individual factors.
Is GEICO or Progressive cheaper for car insurance?
GEICO and Progressive both offer very competitive rates. Comparisons will depend on driver profiles. It is best to compare quotes specifically.
Does GEICO offer pay-per-mile car insurance?
Yes, GEICO offers a usage-based program called GEICO Milewise in select states that bases premiums partly on miles driven.
What discounts does GEICO offer for car insurance?
GEICO offers discounts for things like anti-theft devices, anti-lock brakes, good driver, good student, federal employee, military, multi-vehicle, and more.
Does GEICO have agents for car insurance?
Yes, GEICO has over 15,000 licensed agents across the U.S. that can provide local support and assistance with policies.
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