Geico Insurance Review 2020: Car & Home

Fact-checked with HomeInsurance.com

3 min read

One of the most well-recognized insurance providers in the U.S., Geico is famous for two things: its lovable gecko mascot and great savings on many different types of insurance. You’re probably most familiar with Geico’s auto insurance policies, but there’s coverage available to meet just about all of your needs, from home insurance to business insurance and additional policies.

In this review, we’ll go into depth on the different car and home insurance policies available through Geico, including the types of coverage you can expect and various discounts you might be eligible for. We’ll also explain how Geico is different from the rest and why it might be the best option for you.

Geico car insurance

Geico is known for providing low-cost car insurance with a wide range of coverage types. In addition to policy options that cover just about any type of vehicle you might own, you’ll find that Geico auto insurance offers multiple discounts that you may qualify for.

Types of coverage

  • Motorcycle insurance
  • ATV insurance
  • RV insurance
  • Rideshare and on-demand delivery drivers insurance
  • Collector auto insurance
  • Boats and personal watercraft insurance
  • Mexico insurance
  • Commercial vehicle insurance

Discounts

  • Defensive driving discount
  • Good driver discount
  • Seat belt use discount
  • Multi-vehicle discount
  • Vehicle equipment discounts
  • Driver education discounts
  • Military and public service discounts

Geico home and renters insurance

Geico insurance company’s home and renters insurance covers all the basics you need in a policy to protect your home, but there are also optional extras you can choose to purchase for additional coverage and peace of mind. If you’re worried about all those costs adding up, don’t stress too much – Geico offers discounts that allow you to save more as you add coverage.

Types of coverage

Geico renters insurance covers both renters and condo owners. Under a Geico renters insurance policy, you can protect yourself from the following:

  • Fire, wind and water damage
  • Smoke damage
  • Vandalism or theft
  • Visitor injuries
  • Accidental damages
  • Medical and legal bills if someone is injured on your property
  • Expenses if apartment/condo becomes uninhabitable
  • Damaged furniture, electronics, appliances or clothing

Geico home insurance coverage includes protection for:

  • Property damage from fire, wind, hail, and water (under some policies)
  • Personal property such as furniture, clothing, appliances and dishes
  • Jewelry up to $2,000 of value
  • Personal liability
  • Medical bills
  • Additional expenses like hotel costs

Discounts

Combining policies with one insurance carrier saves you money and time. Multi-policy discounts reduce premiums on all your policies, and it’s easier to deal with just one company for all your insurance needs. Homeowners and renters can also take advantage of these discounts when signing up for Geico insurance:

  • Home security system discounts
  • Sprinkler and smoke alarm discounts
  • Multi-policy discounts
  • Military and federal employee discounts
  • Student discounts
  • Membership group discounts

Geico ratings, reviews, customer satisfaction and complaints

According to J.D. Power’s 2019 U.S Auto Claims Satisfaction Study, Geico ranks 6th out of 25. The Geico claims department receives particular praise in the First Notice of Loss and Settlement categories, in which it receives “Better Than Most” ratings. J.D. Power doesn’t include Geico in its home or renters insurance studies because Geico does not directly service these policies.

AM Best gives the Geico insurance company the best possible financial strength rating of A++ with a stable outlook. This means that Geico has a superior ability to meet its financial requirements, so you shouldn’t have to worry about your claim being paid.

Furthermore, the Better Business Bureau gives Geico an A+ rating, showing a high level of satisfaction among Geico’s clients. The insurer responds to and addresses complaints in a timely manner and fulfills the BBB requirements for resolving issues.

Reasons why Geico is a great option

If you don’t have time to sit down with an agent and review your every insurance need, consider applying online for an individualized Geico insurance quote. You can get a Geico quote, tailored to your circumstances, for Geico auto insurance, home insurance or Geico renters insurance in minutes. Geico’s intuitive platform makes every step of the way, from requesting a quote to filing a claim, easy and quick.

Additional policies offered by Geico

Customers wanting to keep everything under one roof will be happy to know that Geico offers multi-policy discounts along with different types of insurance. Whether you want to insure your pet, home, or collectible automobile, it all starts with asking for your Geico insurance quote today.

Check out these additional policies offered by Geico:

  • Business insurance
  • Identity protection
  • Jewelry insurance
  • Life insurance
  • Overseas insurance
  • Pet insurance
  • Travel insurance
  • Umbrella insurance

Frequently asked questions

Why should I choose Geico?

A bevy of positive reviews and high customer satisfaction ratings among insurance companies are a couple of reasons to choose Geico insurance company as your go-to. However, the online accessibility and multitude of discounts also helps.

What do I need to get a quote from Geico?

Getting a quote with Geico only takes a few minutes. Start by providing your ZIP code and answering a few questions for an accurate online Geico quote. You won’t have to wait a long time or work with an agent who will try to upsell policies, because you can get Geico quotes entirely online.

How do I file a claim with Geico?

The Geico claims process can be completed online, over the phone, or through their mobile app. When reporting a Geico claim, you’ll need to give them a brief description of what happened, the state where the accident occurred, and the date and time. It’s also helpful to have your policy information and the policy information for any other involved parties.