Geico vs Progressive Car Insurance: Which is better?

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Geico and Progressive are two popular car insurance companies in the United States.

These providers are highly valued by customers due to their affordable premiums, coverage options, discounts and customer service—and they have the awards to prove it.

According to J.D. Power’s 2020 Auto Insurance Shopping Survey, Geico ranks highest for customer satisfaction with a score of 867 on a 1,000 point scale, among large auto insurance companies. Progressive has a customer satisfaction ranking of 848 on a 1,000 point scale, slightly below average. In J.D. Power’s 2020 U.S. Auto Claims Satisfaction Study, Geico ranked higher with a score of 871 on a 1,000 point scale in overall customer satisfaction. Both companies have their strengths, so to help you decide which insurance provider is right for you, we compared some of the main differences between Geico and Progressive.

Geico vs Progressive: rates comparison

As mentioned, drivers in the market for car insurance often choose either Geico or Progressive because their annual and monthly premiums tend to be on the lower end of the spectrum, compared to competitors. The chart below compares the average annual premiums for minimum and full coverage for Geico and Progressive.

Insurance Company Average Minimum Coverage Average Full Coverage
Geico $363 $1,325
Progressive $493 $1,419

To compare car insurance rates, we looked at quotes for a 40-year-old with a good driving record. With Geico, this driver would pay about $1,325 per year for full coverage ($110 per month) or $1,419 per year with Progressive ($118 per month).

Progressive’s auto insurance premiums are slightly more expensive than Geico, but remember that your premium depends largely on a number of factors that we’ll talk more about below.

Credit score

The majority of car insurance companies will look at your credit score before giving you an insurance quote. Typically, the higher your credit score is, the lower your rates will be because the insurance company considers you to be low-risk. The only states that do not factor credit score into a car insurance quote are California, Hawaii and Massachusetts.

Driver age

The age of the driver also has a big impact on car insurance rates. Younger drivers are more expensive to insure because they’re considered high-risk. As you get older, expect your car insurance rates to drop, as long as you maintain a clean driving record.

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Driving record

Good drivers—those without any traffic accidents or speeding violations—can expect to have a lower premium than someone who has a less-than-perfect driving record.

Geico vs Progressive: discounts comparison

In addition to affordable rates, Geico and Progressive often receive praise for the extensive list of discounts that they offer customers. Here’s a look at some of the ways you can save money on your insurance premium with Geico and Progressive.

Geico Progressive
Accident Forgiveness X
Vehicle Safety Features X X
Good Driver X X
Driver Education X
Teen Driver X
Good Student X X
Emergency Deployment X
Federal Employee X
Military X
Multi-Vehicle X X
Multi-Policy X X
Homeowner X
Longevity with the Company X

Geico vs Progressive: coverage options comparison

When selecting a car insurance provider, make sure the company can offer you the type of coverage you need. Both Geico and Progressive offer a number of coverage options to keep you, your car and your passengers safe.

Geico Progressive
Liability X X
Medical Payments X X
Uninsured/Underinsured Driver X X
Collision X X
Comprehensive X X
Roadside Assistance X X
Rental Reimbursement X X
Breakdown Insurance X
Rental/Lease Payoff X
Custom Parts X
Rideshare X

Geico vs Progressive: roadside assistance comparison

Geico and Progressive both offer roadside assistance coverage in the event that your vehicle breaks down. Geico offers coverage for jumpstarting dead batteries, changing a flat tire and getting lockout services of up to $100. Through the Geico mobile app, drivers can access 24/7 roadside support, which also includes a GPS so dispatchers can easily locate your vehicle.

With Progressive, drivers can call a dedicated phone number 24/7 to receive roadside assistance when they need it. Progressive’s roadside assistance coverage is more robust than Geico and offers coverage for towing within a 15 mile radius, winching services, battery jump-start, fuel delivery, locksmith service, flat tire change and on-scene labor for up to one hour.

Geico vs Progressive: online and mobile experience comparison

When it comes to the online and mobile customer experience, both companies offer a variety of online and mobile tools to help customers get quotes, file claims, view their policy and pay their premium.

Geico offers the following mobile and online tools:

  • Free quote generator
  • Compare rates tool
  • Mobile app with digital ID cards, filing a claim, roadside assistance and CarFax integration

Progressive offers the following mobile and online tools:

  • Free quote generator
  • Compare rates tool
  • Name Your Price® tool
  • Mobile app with digital ID cards, making a payment, roadside assistance and file a claim

Geico vs Progressive: financial strength

According to AM Best, Geico is ranked as an A++ for financial strength, which only 5 percent of companies earn. Progressive’s AM Best rating is slightly lower at an A+. Both ratings are considered to be in the “Superior” category.

Frequently asked questions

Which company has the cheapest car insurance?

Looking at the average annual premiums of both companies, Geico offers cheaper insurance. Regardless of age, credit score and driving history, you will most likely receive a lower quote from Geico than you will from Progressive.

Which company offers better discounts?

Although Geico offers more affordable premiums, Progressive offers a wider lineup of discounts. Progressive offers several discount options that Geico does not, including accident forgiveness and savings for being a teen driver. Progressive also offers discounts for paying your premium in full, going paperless, signing up for automatic payments and more.

How should I decide if Geico or Progressive is right for me?

Ultimately, deciding to purchase insurance from Geico or Progressive comes down to a few factors. If you’re looking for the cheapest coverage, Geico is the right provider for you. If you’re a homeowner, or have existing policies with Progressive, you’ll probably save the most money by purchasing auto insurance from Progressive. If you’re a member of the military, Geico offers discounts that Progressive does not.

Before making your final decision, get a quote from each provider, review their coverage options and choose a company that can offer you an insurance policy that fits your budget and your lifestyle.

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a cleaning driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.