- Great insurance option for federal employees and military personnel
- Consumers have a wide-variety of insurance plans and options to select from
- One of the largest selections of benefits and discounts on their policies
- Mixed reviews of how quickly they handle their claims process
- Customer service attentiveness seems to be lacking in some areas
GEICO Auto Insurance Rate Comparisons
Check out how GEICO's insurance quotes compare with two other car insurers:
|Driver Profile||GEICO||Allstate||21st Century|
|Senior Married Couple||675||696||870|
|Single Male, 30 years old||582||628||806|
|Single Female, 25 years old||699||752||966|
|Get a GEICO quote||Get an Allstate quote||Get a 21st Century quote|
We went ahead and took a look at some sample rates (from California) for GEICO versus two other top-tier auto insurers: Allstate and 21st Century. As you can see in the table above, GEICO showcased rates that were cheaper than both of the other insurers in all four categories that we looked at. That being the case, it's always wise to get several quotes from different insurers to be certain that you're receiving the lowest possible rate you're eligible for. To do that, you can enter your zip code into the box below and we'll help show you the cheapest insurance company options in your city.
Auto Insurance Policy
Most consumers recognize the Government Employees Insurance Company from the many commercials helmed by the Gekko, a gold dust day gekko sporting a Cockney accent. He was introduced by the company as a play on the acronym, GEICO, which people would mispronounce as "gekko". Marketing strategies aside, GEICO is today known for providing affordable car insurance, and retains its affinity for military forces and government employees. In fact, it's our pick for best auto insurance company for overall value.
On average, GEICO's insurance premiums tend to be cheaper compared to other competitors. On top of this, there is a wide selection of discounts, from good drivers to good students, and bundling policies. Despite the affordability of GEICO's policies, policyholders have regularly reported increases to their premiums. While premium increases after accidents are to be expected, customers have observed that GEICO raises rates despite there being no changes to driver profiles or credit history. What started out as cheap car insurance might not remain that way for long, which is why its useful to comparison shop whenever a renewal arises. To obtain a few other price points for your auto insurance, simply enter your zip code below.
Insurance Benefits for Military Personnel
True to its roots as an insurance company for government employees, GEICO doesn't forget service members or employees in the military and government. The company insures more than 600,000 active and retired members of the armed forces, the reserves, and the National Guard. Even if members are deployed overseas in Japan, Germany, the UK, Italy, or Belgium, there are offices located near major military bases overseas for convenience. Two examples of features GEICO offers in consideration for service members are: an emergency deployment discount on auto insurance, and storage protection plans.
Inconsistent Claims Experiences, but Rentals a Bright Spot
Policyholders are generally split down the middle when it comes to their experiences with GEICO's claims process. A slight majority of GEICO's customers report being satisfied with how timely and fairly their claims were paid out. On the other hand, other customers have complained of unfair valuations in their settlements, delayed investigations, and unhelpful insurance appraisers and adjusters.
Customers generally have had fair and positive experiences with getting car rentals or reimbursements for rentals. Insureds who have had to use this typically get their temporary rentals fairly quickly. Note that this is an optional feature policyholders can add to their GEICO policy. The company has a partnership with Enterprise Rent-a-Car, but insureds can still choose another vendor. In that case, be sure to ask for direct billing options, otherwise, renters may have to pay before applying for reimbursement.
|AM Best Financial Strength Rating||A++ (Excellent)|
|JD Power & Associates Rating||3 out of 5 (About Average)|
|Complaint Ratio per Vehicle (NJ, 2012)||19 / 809,842|
|Complaint Ratio per Vehicle (CA, 2011)||2 / 356,860|
|Policies Insured||12 million|
|Vehicles Insured||18 million|
Auto Insurance Discounts
As a nationwide carrier, GEICO offers auto insurance in all fifty states in America and the Washington DC area. In addition to the standard coverages (bodily injury liability, property damage liability, medical payments, uninsured / underinsured motorist coverage, comprehensive, and collision coverage), GEICO also offers emergency road service, rental reimbursements, and mechanical breakdown insurance.
|Discount Type||Discount Amount|
|Air Bag Installation||Up to 40% on Medical Payments or PIP|
|Anti-Lock Brake System||Up to 5% on Collision coverage|
|Ant-Theft System||Up to 25% on Comprehensive coverage|
|Daytime Running Lights||3%|
|Accident-Free for 5Y||Up to 26%|
|Seat Belt Usage||Up to 15% on Medical Payments or PIP|
|Defensive Driving Courses||Depends on State|
|Good Students||Up to 15%|
|Emergency Deployment||Up to 25%|
|Military Affiliation||Up to 15%|
|Federal Employee or Retired||Up to 8%|
|Multi-Car||Up to 25%|
Source: GEICO website as of Aug 2013
How to File a Claim
To report a claim to GEICO, dial the number below and follow the phone menu prompts to get a human. This service is available 24 hours a day, 7 days a week
Phone Number: 800-861-8380
- Press 1 to discuss a claim
- Press 4 for personal automobile claims
- Press 1 for new claims
- For glass-only damages, press 1, otherwise, press 2 for all other accidents
To speak to GEICO's Customer Service, press 7
About GEICO Auto Insurance
Government Employees Insurance Company, or GEICO as it is commonly known, was started in 1936 to provide auto insurance to government employees, the military personnel, and their families. Several decades later, GEICO provides auto insurance nationwide to the general population through its online website and a network of affiliated agents and brokers. Policies in force number 12 million covering 18 million vehicles and automobiles.
As a large corporation, GEICO offers a variety of car insurance coverage options and types in addition to your state's minimum liability insurance requirements. GEICO will insure multiple types of vehicles from your car, motorcycle, ATV, commercial automobile, to boats and collector cars.
Company Website: www.geico.com
Information and data as of Aug 2013