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In our Geico insurance review, we rate the company as the Best Overall provider in 2022 and compare its average costs to other companies.

 

Geico (an acronym for Government Employees Insurance Company) is the second-largest car insurance company in the U.S. As such, there are thousands of Geico insurance reviews posted online. But is Geico a reliable insurer? We found that it is reliable and affordable, though it may not be the best option for every driver.

In our research into the best car insurance companies in the industry, we named Geico our top choice for the average driver. Learn why in this article as we take a look at Geico car insurance coverage options, costs, perks, and reviews from policyholders.

 

In this article:


Geico Insurance Review: 4.6 Stars

We rate Geico 4.6 out of 5.0 stars and name it the Best Overall in 2022. The insurance company’s cheap rates and simple claims process make it a smart choice for most drivers. Geico auto insurance reviews are largely positive, indicating a reliable claims process and helpful agents.

Geico is the second-largest car insurance provider in the country according to the National Association of Insurance Commissioners (NAIC). Since it's such a huge company, it offers many insurance products, such as:

  • Motorcycle insurance
  • Homeowners insurance
  • Renters insurance
  • Condo insurance
  • RV insurance
  • Boat insurance

Geico Insurance Pros And Cons

Geico Pros Geico Cons
Many choices for coverage Average quotes process
High level of customer satisfaction Usage-based app not available in all states
Superior financial strength rating from AM Best and A+ rating from the BBB  
Available in 50 states  
 

Geico Cost

Compared to other leading insurers, Geico auto insurance is affordable. According to our cost estimates, full coverage insurance from Geico costs about $1,308 per year ($109 per month), which is about 24 percent cheaper than the national average of $1,730 per year ($144 per month) for good drivers. Here's how monthly costs from Geico compare to the industry average for a variety of drivers:

Driving Profile Geico Monthly Cost Industry Monthly Cost
35-year-old $109 $144
25-year-old $118 $168
One speeding ticket $152 $182
One accident $202 $220
Poor credit $173 $260

Geico Minimum Coverage Cost

According to our rate estimates, minimum coverage from Geico costs about $468 per year or $39 per month on average. This is about 26 percent cheaper than the national average for minimum liability coverage.

Because price is affected by factors such as your age, gender, accident history, and the type of car you drive, the best way to estimate your monthly payment is to get a free quote. Our rate estimate data suggests Geico has some of the best rates for drivers with poor credit as well as young drivers.

We also surveyed 1,000 car insurance customers in 2022. Of the 117 respondents with a Geico auto policy, 36 percent believe they experienced a rate increase without an obvious cause. This is lower than the average of 41 percent for all companies.

Does Geico Check Credit?

Most states allow car insurance companies to use credit profiles in calculating rates. Below, you can see the five cheapest car insurance companies for drivers with poor credit. Geico is the second-cheapest option overall after USAA. (California, Hawaii, Massachusetts, and Michigan don't allow insurance companies to use credit profiles to set rates.)

Cheapest Car Insurance Options For Poor Credit
Car Insurance Company Annual Rate Estimate Monthly Rate Estimate
USAA $1,807 $151
Geico $2,077 $173
Nationwide $2,227 $186
Progressive $2,514 $210
State Farm $3,616 $301
 

Cheapest Car Insurance Estimates For Young Drivers

We also found Geico to be a cheap option for young drivers. Geico is in the top five cheapest companies for 16-year-olds and 21-year-olds according to our estimates.

Cheapest Car Insurance For 16-Year-Olds
Car Insurance Company Annual Rate Estimate Monthly Rate Estimate
Erie Insurance $3,410 $284
Auto-Owners $3,533 $294
State Farm $4,146 $345
Geico $4,466 $372
Nationwide $4,567 $381
 
Cheapest Car Insurance For 21-Year-Olds
Car Insurance Company Annual Rate Estimate Monthly Rate Estimate
USAA $1,609 $134
Geico $1,844 $154
Auto-Owners $2,074 $173
Erie Insurance $2,103 $175
Nationwide $2,147 $179
 

Unless you’re in the military or have a family member with USAA, Geico provides some of the cheapest car insurance policies around. The average annual premium with Geico for experienced drivers with clean driving records is around $1,308, according to our cost research. This is about 24 percent cheaper than the national average.

Geico Cost By Age

Below are car insurance estimates for Geico for various driver ages.

Age Geico Annual Cost Estimate Geico Monthly Cost Estimate
16 $4,466 $372
17 $3,646 $304
18 $3,161 $263
19 $2,485 $207
21 $1,844 $154
25 $1,420 $118
30 $1,308 $109
40 $1,282 $107
50 $1,235 $103
65 $1,227 $102
75 $1,457 $121
 

Geico Insurance Cost By State

What you pay for car insurance from Geico depends on your location. Drivers in some states may pay as little as $1,000 per year, while others could pay $2,000 or more for full coverage insurance based on location alone. Here's an overview of Geico's insurance costs by state, along with each state's average according to our rate estimates.

State Geico Annual Cost Estimate State Average Cost Estimate
Alabama $1,181 $1,479
Alaska $1,084 $1,400
Arizona $1,071 $1,754
Arkansas $1,446 $1,525
California $1,570 $2,089
Colorado $1,119 $1,860
Connecticut $891 $2,999
Delaware $1,519 $2,169
Washington, D.C. $939 $1,903
Florida $1,937 $2,947
Georgia $1,238 $1,617
Hawaii $1,419 $1,819
Idaho $764 $1,069
Illinois $1,073 $1,347
Indiana $806 $1,332
Iowa $1,171 $1,181
Kansas Data not available $1,471
Kentucky $1,127 $1,779
Louisiana $2,306 $2,783
Maine $757 $964
Maryland $1,100 $1,818
Massachusetts $2,203 $2,647
Michigan Data not available $3,785
Minnesota $1,275 $1,632
Mississippi $1,358 $1,434
Missouri $2,227 $1,734
Montana $1,471 $1,938
Nebraska Data not available $1,622
Nevada $1,243 $2,149
New Hampshire $855 $1,349
New Jersey $1,359 $2,037
New Mexico $973 $1,449
New York $1,835 $2,783
North Carolina $1,169 $1,368
North Dakota Data not available $1,366
Ohio $753 $1,027
Oklahoma $1,388 $1,726
Oregon $1,104 $1,334
Pennsylvania $2,306 $1,647
Rhode Island $1,429 $1,848
South Carolina $1,163 $1,665
South Dakota $1,302 $1,652
Tennessee $1,166 $1,281
Texas $1,639 $1,752
Utah $978 $1,507
Vermont $1,005 $1,056
Virginia $1,079 $1,142
Washington $1,385 $1,438
West Virginia $1,129 $1,537
Wisconsin $738 $1,219
Wyoming $2,180 $1,767
 

Geico Discounts

When you get a quote from Geico, ask about auto insurance discounts. There are numerous ways to save on coverage.

Geico Insurance Discounts Eligibility Details
Multi-Policy Discount Get a discount for bundling auto and home insurance or another type of coverage.
Multi-Vehicle Discount Save up to 25% when you add a second vehicle to your policy.
Good Student Save up to 15% for maintaining a high grade point average.
Good Driver Save up to 26% when you remain accident-free.
Driver's Education Course Lower your Geico auto insurance premium by taking a driver training course.
Defensive Driving Course Lower your premium by taking a defensive driving course.
New Vehicle Discount Earn up to 15% off by insuring a new car with Geico.
Military Discount Earn up to 15% off for your military affiliation.
Emergency Deployment Save up to 25% when you are deployed with the military.
Federal Employee Discount Save up to 8% on car insurance as a federal employee.
Membership and Employee Discount Save on an insurance policy as a member of certain professional and alumni associations.
Safety Features Receive discounts for having airbags (25% to 40%), anti-lock brakes (5%), anti-theft systems (25%), and daytime running lights (1%) in your vehicle.
Seat Belt Use Earn up to 15% off MedPay or PIP coverage by driving safely.
 
 

Geico Insurance Coverage

As a full-service provider, Geico offers the six standard types of car insurance:

  • Liability auto insurance (bodily injury/property damage liability): Covers damage to other people's vehicles and their medical bills in accidents you cause
  • Collision insurance: Covers your own vehicle when you cause an accident
  • Comprehensive car insurance: Covers damage from the environment, collision with stationary objects, vandalism, and theft
  • Medical payments (MedPay): Covers your medical bills up to a limit
  • Personal injury protection (PIP): Covers medical bills, lost wages, and funeral costs
  • Uninsured/underinsured motorist coverage (UM/UIM): Covers your vehicle repairs and medical bills if someone without enough insurance causes an accident 

Geico also offers some additional coverage options that set it apart from other providers.

Geico Car Insurance Details
Roadside assistance Emergency road service coverage is available for a small fee – you can get it for as little as $14 per year. It includes jump-starts, spare tire installation, towing to a repair shop, and lockout services up to $100.
Rental car reimbursement This coverage pays for the costs of a rental car while your car is being repaired after a covered claim. Geico works with Enterprise Rent-A-Car, which means your insurance will pay Enterprise directly.
Mechanical breakdown insurance Geico mechanical breakdown insurance is similar to an extended warranty. Under an MBI plan, Geico will pay for repairs to any covered mechanical part on your car. This excludes wear and tear, tune-ups, and maintenance items. Your car is only eligible if it is under 15 months old or has fewer than 15,000 miles.
Rideshare insurance If you drive for Uber or Lyft, you're covered while waiting for, driving to, and carrying passengers.
 

While other roadside assistance plans may offer more service options, Geico's plan covers the basics at an affordable price. Compared to AAA’s cost of $50 to $100 per year, it's a pretty good deal for those who are insured by Geico. Overall, customers who have left Geico auto insurance reviews seem pleased with the variety of coverage.

Geico Claims Department Number

The Geico claims department number is 800-841-3000. You can also file your claim through the Geico mobile app or at geico.com/claims.

How Does Geico Pay Claims?

Once your claim is approved, Geico will mail a check directly to your provided address. This check will cover the claim amount minus your deductible and is typically mailed within 48 hours after approval.

Geico Home Insurance

Many drivers choose to bundle their home and auto insurance coverage together to save money. Geico homeowners insurance covers property damage from fire, wind, hail, and sometimes water (depending on the policy). Other coverage options include personal property, jewelry, personal liability, medical bills, and expenses incurred during a covered loss.

Geico Life Insurance

Geico sells term, whole, and universal life insurance. These options can cover your debts and replace your income for your beneficiaries in the event of your death. Term life insurance applies over a specific period of time, while whole and universal life insurance policies don't expire. Term life can be a good option if you just want security while you have a large financial burden, like a mortgage, while whole life can help you leave more money or fund a trust for beneficiaries.


Geico Insurance Reviews From Customers

Geico has strong reviews for its easy insurance claims process and helpful customer service. In the J.D. Power 2022 U.S. Auto Insurance StudySM, Geico earned an above-average satisfaction ranking in seven of the eleven geographic regions.

There are many positive Geico insurance reviews on sites including Trustpilot and the BBB. On the BBB website, Geico has an A+ rating, indicating that it promptly responds to customer complaints.

According to our car insurance survey, 79 percent of Geico customers were satisfied with the company to some degree. This put Geico in the top five companies by satisfaction level.

Positive Geico Auto Insurance Reviews

In positive Geico insurance reviews, customers praise the ease of communication with the company's representatives.

"I've used Geico for the last [seven] years, and they have done a great job for me. No issues with claims. No reactive rate hikes after claims. Great communication. I'd recommend this company." 

– Mark C. via BBB

"I have been with this insurance company for [nine] years now, and they have always been so great to work with! They help every time I call and are always so friendly. I am proud to call them my insurance company. When I was in my first accident, they made the whole process so easy and got me into a rental within the next business day." 

– C.J. Fritz via BBB

Negative Geico Auto Insurance Reviews

While Geico has positive comments from customers overall, the company has received some complaints too.

"Terrible company if you ever have to file a claim … When it was determined that six months later that an engine failure was most likely due to previous damage to work done under [a] previous claim, they were entirely unresponsive. They refused to even come and see the vehicle damage at the dealership." 

– Toure P. via BBB

"Geico really takes [their] time with handling claims. You may save money with Geico, but you waste a lot of time. I responded to a ridiculous total loss amount for my car (barely half of what I paid for [the] vehicle and not even half of what [it was] valued at) at 11:00 AM and was told that he would review everything on Tuesday. Today is Friday!" 

– Brittaney P. via BBB

Compared to other insurers, Geico’s online customer review profile is good. However, Geico’s ratings aren’t the best in the industry, and claims satisfaction can vary depending on where you live. If you’re considering a policy with Geico, research Geico insurance reviews specific to your state or city.


How Geico Works

Here are a few things to know before starting a Geico policy.

Does Geico Charge A Cancellation Fee?

Geico does not charge a cancellation fee. You can cancel your Geico policy by calling 800-841-1587 and speaking with a Geico insurance agent.

How Long Does It Take Geico To Refund A Payment?

The time it takes to receive a refund from Geico may depend on your payment method and policy. You may receive a refund within a matter of days, but the process can take several weeks. If you have not received a refund within a month you should contact Geico.

What Time Does Geico Process Payments?

The amount of time it takes for Geico to process your payment depends on your payment method. If you make a payment through the Geico mobile app, on the Geico website, or over the phone, your payment should be processed immediately. These services are available 24/7.

Does Geico Offer Gap Insurance?

Geico does not offer gap insurance. Gap insurance covers the difference between your car's value and what you owe on a loan in the event of a total loss. Other insurance providers like USAA offer it, as do a number of auto lenders.


Geico Auto Insurance Apps

With the Geico Mobile app, you can view insurance documents, pay bills, file claims, and request roadside assistance. More than 3.2 million Geico customer reviewers give the app an average of 4.8 out of 5.0 stars in the App Store, and over 400,000 users give it 4.7 out of 5.0 stars on Google Play. Depending on your insurance plan, the app also has the functionality to schedule damage inspections, rentals, and repairs.

Geico's other app is DriveEasy®, a usage-based driving program that became available in some states in 2019. The app tracks your driving habits including distracted driving, hard braking, and time spent on the road. Unlike Progressive’s Snapshot program, it can't raise your car insurance rates, but it can lower them.

At this time, DriveEasy is available in the following states:

Alabama Arizona Colorado
Connecticut District of Columbia Florida
Georgia Idaho Illinois
Indiana Iowa Louisiana
Kentucky Maryland Minnesota
North Carolina Nevada New Jersey
New Mexico Ohio Oklahoma
Oregon Pennsylvania Tennessee
Texas Utah Virginia
Wisconsin    
 

Other Recommended Providers

While Geico is a reliable option for most drivers, we encourage getting quotes from multiple providers so you can compare coverage and rates. In addition to the insurance company you choose, factors such as your age and driving history and the vehicle's make and model can affect your premium, so what’s best for your neighbor might not be best for you.

If you're looking for a few more insurance companies to compare with Geico, check out USAA, Progressive, and State Farm.

  • USAA: This company is the best option for military members and their families for its comprehensive coverage and benefits, great rates, and excellent customer service. Learn more in our complete USAA auto insurance review, or read about USAA vs. Geico to compare the top providers.
  • Progressive: Insurance through Progressive is also affordable for many drivers across the U.S. Plus, Progressive has a great mobile app and shopping experience with its quote comparison tool. Read our full Progressive auto insurance review to learn more.
  • State Farm: This insurer has more customers than any other car insurance company in the nation, and it’s great for young drivers. In our State Farm auto insurance review, we recognized the provider for its student driving programs that can save you money.
 

Geico Auto Insurance: FAQ

Is Geico actually good?

With an A++ financial strength rating from AM Best and an A+ rating from the BBB, Geico is a reliable choice for car insurance coverage. In our in-depth review, we awarded the provider 4.6 out of 5.0 stars overall.

Is Geico hard to deal with?

According to our consumer survey, 79 percent of respondents who had Geico insurance were either satisfied or very satisfied with the company. This was a higher percentage of policyholders compared to the industry average.

Is Geico good at paying claims?

According to the J.D. Power 2021 U.S. Auto Claims Satisfaction StudySM, Geico performed slightly better than average for the industry. This means most Geico customers don’t have issues with claims, though some may from time to time.

Does Geico raise your rates after six months?

Car insurance companies can reassess your risk level and adjust rates every six months, including Geico. However, our research shows Geico often remains affordable for many drivers over time.

What is Geico’s rating?

Geico has an A++ financial strength rating from AM Best, which means it can handle its claims obligations easily. It also has an A+ rating from the BBB. We rate Geico as the best option for the average driver.

Is Geico high-risk insurance?

Geico does insure high-risk drivers and can provide insurance for people with SR-22 requirements. However, we found Progressive has better rates for high-risk drivers on average.

Why are Geico’s rates so low?

Compared to competitors, Geico auto insurance is affordable for most drivers. One reason that coverage comes so cheap is that the provider has many discount opportunities, including a military discount, a good student discount, and a safe driver discount.

What is the best-rated auto insurance company?

After reviewing every major auto insurance company in the industry, our team named Geico the Best Overall. USAA scored highest with 4.8 out of 5.0 stars, but coverage is only available to military members, veterans, and their families. Because of this, Geico is a smart choice for most drivers.

Is Progressive or Geico better?

Between Progressive and Geico, Geico is rated slightly higher by experts such as J.D. Power, AM Best, and the BBB. Our Progressive vs. Geico review found that both providers offer comprehensive car insurance coverage and competitive rates. The company that is best for you will depend on what you're looking for.

How long has Geico been in business?

Geico was founded in 1936 in San Antonio, Texas. It was originally established to sell auto insurance policies to government employees, but it began offering its products to the general public in 1974.


Methodology

In an effort to provide accurate and unbiased information to consumers, our expert review team collects data from dozens of auto insurance providers to formulate rankings of the best insurers. Companies receive a score in each of the following categories, as well as an overall weighted score out of 5.0 stars.

  • Industry Standing: Insurers with strong financial ratings and customer-first business practices receive the highest scores in this category.
  • Availability: We consider availability by state as well as exclusions for specific groups of drivers.
  • Coverage: This rating is based on types of insurance available, maximum coverage limits, and add-on policies.
  • Cost and Discounts: Our research team reviews auto insurance rate estimates generated by Quadrant Information Services for a variety of drivers in every state. Companies with lower prices and many car insurance discount opportunities receive the best scores.
  • Customer Service: We comb through customer reviews and consumer feedback studies from experts like J.D. Power.
  • Technology: Auto insurers with mobile apps, advanced online services and telematics are more likely to meet consumer needs.
 

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