Geico Auto Insurance Review (2024)

What You Should Know About geico

Thanks in part to its endearing gecko mascot, Geico is one of the most recognizable names in auto insurance today. Geico was initially founded to provide insurance for government employees but now offers affordable coverage to millions of drivers.

While Geico auto insurance rates are usually some of the lowest on the market, that might not be the case for you. For example, high-risk drivers can pay two to three times more for insurance from Geico than from other companies.

You should always compare quotes with multiple companies to find the right price for your budget. Start with this Geico auto insurance review to see if Geico is the right company for you. Then, save money by comparing online car insurance quotes before making a final decision.

geico Insurance Coverage Options

As one of the largest insurance companies in the country, Geico offers insurance options for every need. Whether you want to keep costs low with minimum insurance or the maximum coverage possible, Geico has the right policy for you. Geico offers the following types of car insurance:

• Liability: Bodily injury and property damage liability insurance pays for damage you cause in an at-fault accident. Most states require drivers to carry a minimum amount of liability insurance.
• Comprehensive: Comprehensive insurance covers your vehicle in case of damage from things like fires, floods, weather, animal contact, vandalism, falling objects, and theft.
• Collision: If you want coverage for your vehicle in case of an at-fault accident, you need collision insurance. Collision coverage pays for your car repairs after an accident, no matter who was at fault.
• Uninsured/underinsured motorist: While most states have insurance laws, some people drive without coverage. Uninsured motorist insurance pays for your repairs and medical bills if you’re hit by a driver without enough coverage.
• Personal injury protection: Personal injury protection (PIP) insurance pays for medical expenses for you and your passengers after an accident.
• Medical Payments: Similar to PIP insurance, medical payments (MedPay) covers health care expenses after an accident. Whether you can buy PIP or MedPay coverage depends on your state.

These basic types of insurance make up minimum and full coverage plans, but you can customize your policy with whichever options you like. For example, many drivers get liability and uninsured motorist coverage as a cheap option that offers financial protection.

If you’re unsure of how much insurance you need, a Geico representative can help.

Geico Auto Insurance Add-Ons

Insurance companies offer add-ons so drivers can customize their policies. Most companies provide at least a few, and Geico is one of them. However, Geico offers fewer options than many of its similarly-sized competitors. Geico’s add-on options include:

• Mechanical breakdown: Mechanical breakdown insurance pays for mechanical problems with your car that result in a trip to the repair shop. Mechanical breakdown insurance can save you thousands in repairs but does not cover maintenance issues like worn brakes.
• Roadside assistance: Geico’s roadside assistance comes to the rescue for situations like a flat tire, dead battery, empty gas tank, or when you need a tow.
• Rental car reimbursement: Geico’s reimbursement plan pays for your rental car when your vehicle is at the repair shop after a covered incident.
• Rideshare: Companies like Uber and Lyft offer insurance for their drivers, but there are often gaps in the coverage. Geico’s rideshare insurance coverage fills in the gaps to better protect you while you work.

While it doesn’t offer the most add-on options, Geico offers a few valuable ways to add extra protection to your policy.

geico Insurance Rates Breakdown

Geico is usually one of the cheapest options for insurance in every state, though there are exceptions. Check below to see what Geico auto insurance rates look like for minimum coverage.

Minimum insurance is the best option for drivers looking for affordable coverage. However, minimum insurance doesn’t work for everyone — you’ll need full coverage auto insurance if you have a car loan or lease. Check below to see Geico’s average full coverage rates.

Although Geico is usually one of the cheaper options for insurance, that’s usually not the case for high-risk drivers. The Geico auto insurance company tends to have some of the highest rates for people with a DUI, so make sure to compare your options to find the best car insurance companies for high-risk drivers.

geico Discounts Available

Geico auto insurance quotes are usually some of the cheapest on the market, partially because they offer so many ways to save. When you shop with Geico, you’ll get low-cost car insurance with these driver discounts:

• Safety equipment: Features in your car that keep you safe can help you save. Geico offers discounts for things like using your seat belt and having airbags or anti-lock brakes.
• DriveEasy: Geico offers up to 10% savings for safe drivers who agree to have their driving behaviors tracked. To participate in the DriveEasy program, download the app.
• New car: If your car is three model years old or newer, you can save up to 15% on your insurance.
• Anti-theft devices: An anti-theft system in your car will earn you a discount on the comprehensive portion of your insurance.
• Defensive driving education: Complete a defensive driving course to earn this discount, but check with Geico to find an eligible class.
• Good driver: If you go at least five years without making a claim, you’ll be eligible for savings of up to 22%. Learn more about the best no-claims car insurance discounts here.
• Good student: Full-time students who maintain a GPA of 3.0 or better can save up to 15% on their Geico auto insurance policy.
• Driver education: Young drivers can save on their insurance by completing a driver’s education course.
• Federal employment: Geico, which stands for Government Employee Insurance Company, offers a discount for eligible active or retired government employees.
• Emergency deployment: Military members sent on emergency deployment into an imminent danger zone will save up to 25% on the insurance.
• Affiliation: Members of eligible associations or workplaces can save on their insurance. Check with a Geico representative to see if you belong to a qualifying group.
• Policy bundling: Geico sells a variety of insurance types. If you buy a homeowners, renters, condo, or mobile home policy, you’ll save on your auto insurance.
• Multi-vehicle: If you have more than one car on your policy, you’ll save up to 25% on your coverage with multi-vehicle car insurance discounts.
• Military: Geico offers a discount on auto insurance for active duty and retired military members, as well as members of the National Guard and Reserves.

Many of these discounts are automatically applied to your policy when you sign up. Others require documentation, such as proof of your grades for the good student discount. A Geico auto insurance customer service representative can double-check your account to ensure you get every savings possible.

How geico Ranks Among Providers

Geico is one of the largest insurance companies in America, but that doesn’t always translate to good service. When shopping for insurance, it’s always a good idea to compare multiple companies.

While comparing ratings from third-party companies or customer reviews is important, one of the best places to start is with average rates. Check below to see how Geico stacks up against its competitors.

As you can see, Geico easily competes with other insurance companies. With solid ratings and low average rates, one of the only downsides is that there aren’t many Geico auto insurance options for add-ons.