Geico Insurance Review: Average Rates, But Many Discounts
$2,109
- Cheap liability-only car insurance
- Wide range of discounts could save you a lot of money
- Offers few optional coverages, which let you personalize your policy
- Customer service is average to poor
Is Geico a good insurance company?
Geico is a good choice if you qualify for discounts and need a dependable company. Geico has an AM Best rating of A++, which shows it’s in good financial standing and can pay out claims.
Geico sets itself apart by offering many discounts that can provide a lot of savings. For example, if you have more than one car on a Geico policy, you could save up to 25% on most of your car insurance coverages. You can also save up to 22% on most coverages if you haven’t been in an accident for at least one year.
However, Geico offers average rates for most drivers and has an average customer satisfaction score. Geico’s customer satisfaction ratings from J.D. Power’s 2024 auto insurance study were average to subpar in most parts of the country.
How much is Geico car insurance?
Geico’s rates are close to the national average. Geico car insurance policies cost $2,109 a year, on average, for full coverage. That’s $8 less than the national annual rate.
Liability-only car insurance from Geico costs $797 a year, on average, which is 4% cheaper than the national average.
| Company | Full coverage | Liability only | |
|---|---|---|---|
 | State Farm | $1,604 | $661 |
 | Travelers | $1,806 | $792 |
 | American Family | $2,019 | $751 |
 | Progressive | $2,078 | $801 |
| Geico | $2,109 | $797 |
 | Nationwide | $2,402 | $1,024 |
 | Allstate | $2,960 | $1,344 |
 | Farmers | $3,462 | $1,363 |
 | USAA* | $1,322 | $437 |
Geico car insurance cost for a bad driving record
If you have a speeding ticket on your driving record, Geico’s rates are average compared to other companies. However, if you’ve been in an accident, Geico’s rates are expensive than most major insurers.
If you have a ticket or an accident on your record, Geico may raise your rates by an average of 31% and 72%, respectively. For a DUI, your rate could go up by 140%, on average, with Geico.
| Company | Ticket | Accident | DUI |
|---|---|---|---|
| State Farm | $1,755 | $1,846 | $3,901 |
| Travelers | $2,319 | $2,524 | $2,737 |
| American Family | $2,414 | $3,191 | $3,368 |
| Progressive | $2,728 | $3,102 | $2,656 |
| Geico | $2,763 | $3,634 | $5,067 |
| Nationwide | $3,178 | $3,853 | $5,332 |
| Allstate | $3,513 | $4,709 | $4,680 |
| Farmers | $4,589 | $5,535 | $5,307 |
| USAA* | $1,603 | $1,809 | $2,576 |
Geico car insurance quotes by state
Among some of the largest car insurance companies, Geico has cheap rates in New Jersey, Ohio, Hawaii, Florida and California for a full coverage policy.
| State | Full coverage | Difference from national average |
|---|---|---|
| Alabama | $3,264 | 55% |
| Alaska | $1,428 | -32% |
| Arizona | $2,712 | 29% |
| Arkansas | $2,484 | 18% |
| California | $1,488 | -29% |
| Colorado | $2,268 | 8% |
| Connecticut | $2,100 | 0% |
| Delaware | $3,324 | 58% |
| Florida | $2,004 | -5% |
| Georgia | $2,328 | 11% |
| Hawaii | $828 | -61% |
| Idaho | $1,200 | -43% |
| Illinois | $2,532 | 21% |
| Indiana | $1,920 | -9% |
| Iowa | $2,064 | -2% |
| Kansas | $1,860 | -11% |
| Kentucky | $2,328 | 11% |
| Louisiana | $4,344 | 107% |
| Maine | $1,260 | -40% |
| Maryland | $1,716 | -18% |
| Massachusetts | $1,320 | -37% |
| Michigan | - | - |
| Minnesota | $2,916 | 39% |
| Mississippi | $2,364 | 13% |
| Missouri | $3,084 | 47% |
| Montana | $2,052 | -2% |
| Nebraska | $1,860 | -11% |
| Nevada | $3,624 | 72% |
| New Hampshire | $1,320 | -37% |
| New Jersey | $1,164 | -45% |
| New Mexico | $1,860 | -11% |
| New York | $2,592 | 23% |
| North Carolina | $2,052 | -2% |
| North Dakota | $1,704 | -19% |
| Ohio | $696 | -67% |
| Oklahoma | $2,640 | 26% |
| Oregon | $2,880 | 37% |
| Pennsylvania | $2,808 | 34% |
| Rhode Island | $3,012 | 43% |
| South Carolina | $1,536 | -27% |
| South Dakota | $2,364 | 13% |
| Tennessee | $1,872 | -11% |
| Texas | $1,968 | -6% |
| Utah | $2,256 | 7% |
| Vermont | $1,560 | -26% |
| Virginia | $1,404 | -33% |
| Washington | $1,908 | -9% |
| Washington DC | $2,100 | 0% |
| West Virginia | $2,076 | -1% |
| Wisconsin | $1,812 | -14% |
| Wyoming | $1,224 | -42% |
Geico car insurance discounts
Geico offers a variety of car insurance discounts that can provide great savings. Geico’s multi-vehicle discount can save you up to 25%, for example, and a new vehicle model can save you up to 15%.
Geico also offers a variety of discounts, such as discounts for good driving, student discounts and discounts for certain professions. Geico also offers more discounts than many of its competitors.
| Discount | Does Geico offer it? |
|---|---|
| Continuous insurance | No |
| Multi-policy | Yes |
| Restraint device | Yes (23%) |
| Anti-lock | Yes (5%) |
| Anti-theft | Yes (23%) |
| Multi-car | Yes (25%) |
| Safe/good driver | Yes 22% |
| Good student | Yes (15%) |
| Teen driver | No |
| Away at school | Yes |
| Federal employee | Yes (12%) |
| Online quote | Yes |
| Paperless | Yes |
| Pay in full | Yes |
| Automatic payment | Yes |
| New car | Yes (15%) |
| Military | Yes (15%) |
| Membership & employee | Yes |
| Daytime running lights | Yes (3%) |
| Deployment | Yes (25%) |
| Early shopper | Yes |
| Driver education | Yes |
| Usage-based program | No |
| Low mileage | No |
| Senior | No |
Geico car insurance coverage
Geico has all the standard car insurance coverage options you might expect from a car insurance company. However, Geico doesn’t offer as many optional coverages as its competitors. Geico offers these optional coverages:
- Emergency road service: Comes to your aid during roadside emergencies.
- Rental reimbursement: Helps pay for a rental car if your car is being repaired due to a covered claim.
- Mechanical breakdown insurance: Helps pay for unexpected car repairs.
Geico doesn’t offer these coverages, while some of its competitors do:
- Custom parts and equipment
- Gap coverage
- New car replacement
How much does Geico homeowners insurance cost?
Geico offers home insurance coverage through other insurance companies, like Chubb, The Hartford, AIG and Assurant. You buy the policy through Geico, but you’ll work with one of these partners if you want to file a claim or manage your coverage.
Your home insurance rate can differ based on which partner company provides your coverage. If you’re in New York, for example, Hartford offers cheap rates of around $1,300 a year, while AIG’s rates are much higher.
| Company | Annual rate | |
|---|---|---|
 | The Hartford* | $1,300 |
 | Nationwide | $1,332 |
| American Family | $1,623 |
 | Allstate | $1,719 |
 | State Farm | $1,809 |
 | Narragansett Bay* | $2,196 |
 | Chubb | $2,320 |
 | AIG* | $2,393 |
Home insurance rates from New York state. *Geico’s partners.
Homeowners insurance discounts from Geico
Your home insurance discounts may differ based on the Geico partner that provides your coverage. However, if you have car insurance or another policy with Geico, you can get a multi-policy discount. Some other common discounts you can get from most insurance companies include:
- Autopay discount
- Claims-free discount
- Protective devices discount
- New home discount
Homeowners insurance coverages
Your coverage options also may be different depending on the partner you work with through Geico. You can expect them to offer at least these basic protections, though:
- Dwelling coverage: Covers the structure of your home, as well as attached structures.
- Other structures: Protects detached structures on your property, like garages, patios and fences.
- Personal property: Covers belongings like furniture, electronics and clothing.
- Liability: Protects you if someone is injured on your property or if you cause damage to someone else’s property.
- Medical payments: Helps pay medical expenses if someone is injured in your home.
- Loss of use: Covers certain expenses if you need to relocate while your home is being repaired.
Methodology
LendingTree uses insurance rate data from Quadrant Information Services using publicly sourced insurance company filings. Rates are based on an analysis of hundreds of thousands of car insurance quotes for a typical driver. Your own rates may be different.
Unless noted otherwise, quotes are for a full-coverage policy for a 30-year-old man with good credit and a clean driving record who drives a 2015 Honda Civic EX.
Minimum-liability policies provide liability coverage with the state’s required minimum limits.
Full-coverage policies include collision, comprehensive and liability coverage:
- Bodily injury liability: $50,000 per person, $100,000 per accident
- Property damage liability: $25,000
- Uninsured motorist: $50,000 per person, $100,000 per accident, where required by law
- Personal injury protection: Minimum limits, where required by law
- Collision: $500 deductible
- Comprehensive: $500 deductible
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Home insurance policies include:
- Dwelling limit: $400,000
- Other structures: $40,000
- Personal property: $200,000
- Loss of use: $80,000
- Personal liability: $100,000
- Medical payments: $5,000
- Deductible: $1,000
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Our team of insurance experts rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third-party customer service ratings and app/website experience. We weighted these categories based on what customers value in an insurance company.
For third-party customer service ratings, we included complaint index scores from the National Association of Insurance Commissioners (NAIC) and financial strength ratings from AM Best. NAIC complaint index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from AM Best reflect the ability to pay out claims.