GEICO’s auto insurance stands out with its cost-effectiveness, boasting an average full-coverage premium of $1,991, which is 13% below the national average. The policies cover liability, collision, and more, with add-ons like emergency road service and rental reimbursement. However, it’s missing options like gap insurance.
“Why I Recommend GEICO Auto Insurance”
- Affordable Rates: Significantly lower premiums compared to the market average.
- Strong Financial Ratings: A++ rating from AM Best indicates superior financial stability.
- Convenient Digital Experience: Easy management via the high-rated GEICO Mobile app.
For Whom is This Insurance Best Suited?
GEICO is ideal for cost-conscious drivers, families with multiple vehicles, and students with good grades. Part-time rideshare drivers can also benefit from specific endorsements, making it a versatile choice for various needs.
What is the Cost of GEICO Auto Insurance?
GEICO offers competitive pricing, with full coverage premiums averaging $1,991, well below many competitors. Discounts and telematics can further reduce costs by 30-40%.
How Satisfied Are GEICO Customers?
While GEICO holds mid-tier customer satisfaction rankings in J.D. Power surveys, its regulatory complaint index is positive, showing fewer complaints than expected given its size.
Does GEICO Lack Any Coverages?
GEICO does not offer gap or new-car replacement insurance, which could be significant for drivers with specific loan or leasing needs. Despite this, the trade-off for affordability keeps it attractive to many.