Geico is one of the best spots in our 2022 Best Auto Insurance Companies rating. It has some of the lowest average rates across the board.
Is Geico’s car insurance good?
Geico is a good insurance company for most drivers. He ties for third place with Farmers and Nationwide. Based on our study data, Geico has average scores in customer service, policy renewals, claims handling, customer referrals, and customer loyalty. Geico has the second lowest premiums in our study, making it a good option if you’re looking for the cheapest auto insurance companies.
Geico Customer Service
Based on our customer survey data, Geico ranks fifth in our Best for Customer Service category. Nearly 50% of customers said they were completely satisfied with their experiences when contacting customer service. A similar number of respondents are also satisfied with the customer service provided.
Geico Claims Handling
Geico claims the No. 6th place in our Best for Claims Handling category with a score of 4.1. This puts Geico on par with the average score for this category. When asked about their experiences, nearly 51% of customers say they are completely satisfied with how easy it was to file a claim, but only 47% are satisfied with the updates the company provided throughout the process. Just under 50% say they are completely satisfied with how Geico resolved their claim.
Geico Customer Loyalty
Customer loyalty scores reflect the policyholder’s willingness not only to renew their policy but also to recommend their insurer to drivers seeking coverage. About 50% of Geico customers, including those who have and have not filed a claim, say they are very likely to renew their auto insurance policy. While customers are likely to remain loyal to Geico, they are less likely to support it. Only 36% say they would most likely recommend this insurance to a friend or family member.
How much does Geico car insurance cost?
Geico’s average rate for 2022 is $1,148, making it the second cheapest auto insurance company in our study. Its average price is $1,148, which is 25% less than the national average. Only USAA, which offers an average rate of $1,000, provides cheaper coverage. While Geico’s rates generally trail USAA’s, it has the cheapest average rates for drivers with bad credit. Drivers looking for the most affordable coverage can also consider State Farm.
Geico Rates for Teen Drivers
|Name||17-year-old female||17-year-old male|
Geico has the second lowest rates for male and female teen drivers. While it can be expensive to insure teen drivers, Geico’s rates are up to $2,100 lower than the national average for this group.
Geico rates for young adult drivers
|Name||25-year-old woman||25 year old male|
Geico Rates for Adult Drivers
|Name||35 year old woman||35 year old male|
Geico offers the second lowest rates for drivers in this age group. USAA is the only insurer in our study that offers lower rates. Geico insurance for adult drivers is 27% to 28% lower than the national average, depending on the gender of the driver. Adult drivers can also consider State Farm and Nationwide, which claim the third- and fourth-lowest fares, respectively.
Geico Rates for Senior Drivers
|Name||60-year-old woman||60 year old man|
Geico once again claims the second lowest price for this group of drivers. Seniors who purchase a policy with Geico typically spend 24% to 25% less on coverage than the national average. Senior female drivers can also find competitive rates Nationwide. Older male drivers can find the same thing with State Farm.
Geico rates after a speeding ticket
|Name||Fee after a speeding ticket|
Insurers may see a speeding ticket as evidence of risky driving behavior, and that can increase your rates. Drivers looking for coverage after a speeding ticket can find a moderate break with Geico. Their rates are the third lowest in our study and about $430 less than the national average. Still, Geico’s rates are higher than USAA ($1,203) and State Farm ($1,409), so drivers may want to consider those insurers first.
Geico Ratings After an Accident
|Name||Rate after an accident|
An accident can cause your rates to go up, especially if you are at fault. Geico may not be the cheapest option if you’re shopping for coverage after an accident. Their rates are about 16% lower than the national average, but lag behind those offered by USAA, State Farm, and American Family, respectively. That said, Geico still performs well compared to other insurers we looked at, including AAA, Farmers and Allstate, all of which have above average rates for this group of drivers.
Geico fees after a DUI
|Name||Fee after a DUI|
Insurers generally view DUIs as a red flag for risky driving behavior. If you have one on your file, your insurance premiums will go up, making it all the more important to find the best rates. Geico’s rates for drivers with a DUI are 14% higher than the national average and among the highest in our study. State Farm and American Family have the lowest rates for drivers with DUIs.
Geico rates for drivers with bad credit
|Name||Bad credit rate|
Compared to the other insurers we reviewed, Geico has the lowest rates for drivers with poor credit. On average, Geico premiums are almost $950 lower than the national average. If you have bad credit, you may also want to consider Nationwide and USAA, which offer competitive rates in this category.
How much does minimum coverage auto insurance cost with Geico?
|Name||Fee for low coverage|
Most states require drivers to carry minimum coverage, which often refers to liability insurance, although some states may also require drivers to carry uninsured motorist personal injury protection (PIP) insurance. or MedPay. If you’re shopping for low or minimal coverage, you’ll likely find the second-lowest rates with Geico. Geico’s rates for this level of coverage are almost $400 lower than the national average.
How much does high coverage cost with Geico?
|Name||The rate for high coverage|
High or maximum coverage can give you ample protection if you have an accident. Drivers who choose Geico for this level of coverage will likely find the second-lowest rates among the companies we reviewed. Its average annual premiums are 24% lower than the national average.
Geico car insurance discounts
On average, 67% of Geico policyholders who responded to our survey say they are very satisfied with their insurer’s collection of discounts. Geico, like other insurers, offers various opportunities for drivers to save on their premiums. It also offers DriveEasy, a usage-based driving program that can help policyholders earn lower rates when they practice safe driving habits.
- Air bag discount
- Discount on anti-lock brakes
- Discount on the anti-theft system
- Discount on daytime running lights
- DriveEasy App Discount
- New vehicle discount
- Good discount for drivers
- Discount on the use of the seat belt
- Defensive Driving Discount
- Discount on the driver’s education course
- Good discount for students
- Emergency Deployment Discount
- Federal Employee Discount
- Membership and employee discounts
- Military Discount
- Multi-vehicle discount
- Multi-policy discount
What types of auto insurance does Geico offer?
Drivers can choose from several different types of coverage when they decide to use Geico. If you opt for liability coverage only, make sure you know how much your state requires you to carry by checking with your DMV or licensed insurance agent.
- Liability coverage
- Medical payments coverage (MedPay)
- Personal Injury Protection (PIP)
- Uninsured motorist coverage
- Underinsured Motorist Coverage
- Collision coverage
- Comprehensive coverage
- Roadside emergency service coverage
- Rental reimbursement coverage
- Mechanical breakdown coverage
Other services offered by Geico
- roadside emergency service
- Geico Mobile App
- Drive User-friendly based insurance application
- Online claim submission and tracking
- Availability 24/7
Geico vs. the Competition
Geico vs. Nationwide
Geico and Nationwide tie for third place in our 2022 Best Auto Insurance Companies ranking. Despite sharing the No. 3 spot in our rankings, Nationwide outperforms Geico in several categories, including Best for customer service, great for handling complaints, and most likely recommended. However, Geico’s rates are generally lower than Nationwide’s. On average, Nationwide customers pay $1,327 a year for coverage, while Geico customers pay an average of $1,148 a year, a savings of nearly $180.
Geico vs. Allstate
While Geico ties for No. 3 in our study, Allstate ties for No. 6. Geico outperforms Allstate in several key categories, specifically Best for Customer Service, Best for Claims Handling, and Most Likely to be Renewed. Despite Geico’s strong performance, Allstate beats Geico in our Most Likely to be Recommended category.
Customers looking for the cheapest coverage are likely to find better rates with Geico. The company ranks second overall in our rate study. Allstate ranks ninth out of the ten companies we analyzed. Geico’s national average rate is $1,148, which is nearly 44% lower than Allstate’s rate of $2,047.
FREQUENTLY ASKED QUESTIONS – GEICO
Is Geico good car insurance?
Yes, Geico is a good auto insurance company. Geico is a good option for drivers who want to pay less for their auto insurance needs. Overall, Geico receives average scores in each of the categories we review, including customer service and complaint handling. Geico also has some of the lowest rates in our study, frequently ranking second among the ten insurers we reviewed. USAA is the only insurer that consistently beats Geico’s rates.
Who should get Geico car insurance?
Drivers looking for affordable coverage are likely to find Geico a good option. Their rates are some of the lowest in our study, especially for teen drivers, drivers with bad credit, and drivers with a clean driving record. However, Geico’s rates for drivers with an accident or DUI on their record are not as competitive. If you fall into any of those categories, you may want to consider USAA, State Farm, or American Family.
Where can I get Geico car insurance?
You can purchase Geico car insurance online, over the phone, or by contacting a local agent in your area.
How do I contact Geico?
- Website: www.geico.com
- Mailing Address: 1 Geico Blvd., Fredericksburg, VA 22412
- Customer Service Number: 1-800-207-7847
- Customer Service Email Address: https://www.geico.com/contact-us/email/
- Twitter and Instagram: @GEICO
How does Geico compare to other auto insurance companies?
Geico ties for the No. 3 spot in our 2022 Best Auto Insurance Companies ranking along with Farmers and Nationwide. In our customer survey sub ratings, Geico received average scores for customer service, complaint handling, and customer loyalty, most likely to be recommended, and most likely to be renewed.
Geico has the second lowest average annual rates of all the companies in our survey, for those without access to USAA policies. Also, in our roundup of cheap car insurance companies, Geico has the best rates for good drivers, teen drivers, and older drivers, as well as those with poor credit, low-mileage vehicle owners, and those looking for minimal or full coverage. for motorists who do not qualify for a USAA policy.