Geico Auto Insurance Review 2024
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Geico
Discounts
Ease of use
NAIC complaints
Geico
Discounts
Ease of use
NAIC complaints
Geico earned 5 stars out of 5 for overall performance. NerdWallet’s ratings are determined by our editorial team. The scoring formula takes into account consumer experience, complaint data from the National Association of Insurance Commissioners and financial strength ratings.
Geico is the nation’s third largest auto insurance company, known primarily for low rates offered directly to consumers online and over the phone. It is available in all 50 states and Washington, D.C.
» MORE: The best car insurance companies
Where Geico stands out
Geico offers plenty of discounts and may be an affordable choice for many drivers. The company regularly appears as one of the cheapest options in recent NerdWallet cheap car insurance analyses.
The company also offers a variety of ways to digitally manage your auto insurance policy, including through its website and mobile app. In fact, Geico received an online experience score of 79 out of 100 by a pool of its customers in a NerdWallet survey conducted online in June and July 2023. To put that in perspective, the average score among ten insurers was 78, and the highest was 82.
Where Geico falls short
Geico doesn’t offer gap insurance. And if you prefer to work directly with an agent, you might have difficulty finding one near you. The company has a limited number of local agents depending on the state you live in.
Geico doesn’t rank as high for customer satisfaction as some other auto insurers. The company has close to the expected number of complaints you’d expect for a company of its size.
Geico ranked No. 14 out of 17 companies in J.D. Power's 2024 Auto Insurance Shopping Study for overall customer satisfaction .
Compare to other insurers
Complaints to NAICClose to expected | Complaints to NAICClose to expected | Complaints to NAICFewer than expected |
Ease of useAbove average | Ease of useAbove average | Ease of useAbove average |
DiscountsGreat set of discounts | DiscountsGreat set of discounts | DiscountsAverage set of discounts |
Bottom lineWith nationwide availability and a raft of discounts, Geico is a popular, and often affordable, choice for car insurance. | Bottom lineProgressive offers a variety of discounts and insurance products to cater to most people, though there’s room for improvement when it comes to customer satisfaction. | Bottom lineWith generous coverage and discounts for good driving habits, State Farm is a popular insurer with fewer complaints compared to other large competitors. |
How much does Geico car insurance cost?
Geico car insurance costs $1,846 per year on average for full coverage insurance based on NerdWallet’s December 2023 analysis. That is more than $100 a year less than the average national rate of $1,982 per year. Compared to other large insurers, Geico’s rates fall toward the front of the pack.
Company | Average annual rate with a clean record |
---|---|
Travelers | $1,681 |
American Family | $1,791 |
Geico | $1,846 |
State Farm | $1,976 |
Allstate | $2,665 |
Progressive | $2,112 |
Nationwide | $2,279 |
Farmers | $3,106 |
USAA* | $1,432 |
*USAA auto insurance is available only to active-duty military members, veterans and their families. |
These rates are for a 35-year-old driver with a clean driving history and good credit with full coverage insurance. Our full coverage rates include liability, comprehensive, collision and any additional insurance a state requires a driver to have. These rates are averages based on NerdWallet’s December 2023 analysis. Your own price will depend on your driving history, car make and model, location and other factors.
For more information on Geico car insurance rates, including rates after an at-fault accident or DUI, check out the table below.
How Geico's rates compare
Your car insurance rate is determined by a variety of factors including your driving record and credit history in most states.
Here are Geico’s average annual auto insurance rates compared to 2024 national averages for full coverage insurance and four driving profiles.
Driving profile | Geico average rate | National average rate |
---|---|---|
Good driver, good credit | $1,846 | $1,982 |
Recent at-fault accident, good credit | $3,112 | $2,936 |
Recent DUI, good credit | $4,420 | $3,693 |
Good driver, poor credit | $2,566 | $3,222 |
If you’re looking for the cheapest auto insurance rates possible, you may want to buy the minimum car insurance needed to drive in your state. Read our cheap car insurance article to see average minimum car insurance rates by company and state.
Geico auto insurance coverage
When you're shopping for car insurance coverage, it's important to understand what car insurance coverage you want and what you’re required to buy. For instance, most states require a minimum amount of car insurance to drive a vehicle. Alternatively, if you want extra protection, you may be interested in full coverage insurance. Read about the most common types of car insurance coverage to see how they work.
In addition to typical car insurance coverage choices, Geico offers mechanical breakdown coverage. This covers repairs to all mechanical parts of a new or leased car less than 15 months old and with fewer than 15,000 miles, except problems caused by wear and tear. There’s a $250 deductible.
Mechanical breakdown coverage is renewable for up to seven years or 100,000 miles, whichever comes first, and does not pay for regular maintenance, such as tuneups.
» MORE: Compare auto insurance rates
Auto insurance discounts
Geico has a long list of car insurance discounts, so there’s a good chance you can find a price break that applies to you. Although details vary by state, you may be eligible for discounts for:
Having safety equipment, like airbags, anti-lock brakes, daytime running lights or an anti-theft system.
Owning a vehicle that is three model years old or newer.
Driving for five years with no accidents.
Using seat belts.
Completing a defensive driving course, or driver’s education for a young driver.
Having good grades, if you or someone on your policy is a full-time student.
Participating in an emergency deployment with the U.S. military.
Being an active or retired military service member or a member of the National Guard or Reserves.
Being an active or retired federal employee.
Insuring more than one vehicle with Geico.
Buying a homeowners, renters, condo or mobile home policy through Geico.
Being a member of organizations, such as alumni associations or sports groups.
First time shopping for auto insurance? Unsure where to start? Check out our guide on how to shop for car insurance.
Pricing based on tracked driving habits
In many states, Geico offers a program called DriveEasy, which uses a smartphone app to track habits such as speeding, hard braking and using your phone while driving. You can get a discount for safe driving, but in some states, you may end up paying more if the app finds you to be a riskier driver.
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.Complaints and customer satisfaction
Geico had close to the expected number of complaints about auto insurance to state regulators relative to its size, according to three years’ worth of data from the National Association of Insurance Commissioners.
Geico received an overall satisfaction score of 78 out of 100 from a pool of its customers in a NerdWallet survey conducted online in June and July 2023. To put that in perspective, the average score among seven insurers was 78, and the highest was 82.
Geico ranked below average in both J.D. Power's 2023 auto claims satisfaction study and its 2024 auto insurance shopping study.
J.D. Power study | Geico ranking |
---|---|
Auto insurance shopping (2024) | No. 14 out of 17 companies. |
Auto insurance claims satisfaction (2023) | No. 16 out of 24 companies. |
More about Geico insurance
Website: You can learn about and get a quote for many types of insurance through Geico’s website, and you can also submit a claim or make a payment. Additionally, the site has a feature to help you find the cheapest gas station near you.
App: Geico’s mobile offering for iOS and Android helps you keep track of your policy and billing details, access your digital auto insurance ID card, pay bills and submit claims. You can also use the app to request roadside assistance and track your car’s maintenance history.
Virtual assistance: Geico’s virtual assistant is a feature of its website and mobile app that can answer your insurance questions and provide specific policy information. Your Geico account is also accessible using Amazon's Alexa and Google Assistant.
Homeowners and renters insurance from Geico
Geico offers home insurance through partner companies. To learn more about the coverage options available, read our Geico homeowners insurance review.
Geico also offers renters insurance through its partners. To read about this program, see NerdWallet’s Geico renters insurance review.
Other insurance from Geico
Geico sells the following types of insurance:
Motorcycle insurance.
Insurance for all-terrain vehicles.
Recreational vehicle insurance.
Boat or personal watercraft insurance.
Commercial auto insurance.
Umbrella insurance (some policies sold by a third party).
Geico offers other policies through third parties, including:
Collector insurance for classic cars.
Condo and co-op insurance.
Mobile home insurance.
Pet insurance. (Read our review of Geico pet insurance.)
Life insurance.
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.Methodology
Insurer complaints methodology
NerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2021-2023. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC. Ratios are determined separately for auto, home (including renters and condo) and life insurance.
Auto insurance ratings methodology
NerdWallet’s auto insurance ratings reward companies for customer-first features and practices. Ratings are based on weighted averages of scores in several categories, including financial strength, consumer complaints and discounts. Our “ease of use” category looks at factors such as website transparency and how easy it is to file a claim. Using our editorial discretion, we also consider customer satisfaction surveys. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our editorial guidelines and full ratings methodology for auto insurance.