The Geico discount for good drivers is up to 22% for qualifying policyholders. To qualify for the Geico good driver discount, drivers must be accident free for five years, and this may even include the time you've been insured by another company. You can get quotes on 26 types of insurance from Geico, including auto, property, life, travel, pet and business insurance. You can purchase AirCare flight insurance from Geico to cover only air travel, or ExactCare travel insurance to cover more types of travel situations.
Because your credit history is correlated with your likelihood of filing an insurance claim, Geico uses your credit data to calculate your premium in states where it's legal. Expensive cars, sports cars and cars with high theft rates are considered to be riskier to insure than cheaper and more practical vehicles. For example, Geico offers a multi-vehicle discount for drivers who insure more than one car on their policy. Organizations also receive a Geico fee for every member who requests a Geico quote, even if they don't purchase a policy.
You can reduce your Geico car insurance costs by taking advantage of Geico discounts, opting for a higher deductible and reducing your coverage, among other things. Geico's 16 discounts for auto insurance customers range from student and military discounts to discounts for good drivers and cars with airbags. Practicing safe driving habits and avoiding traffic violations can help you qualify for lower insurance rates from Geico in the long term. If you have problems with Geico's online quotation system, or prefer to speak to a representative, you can also request a quote through a local Geico agent or by calling (800) 207-7847. Finally, if you're still struggling to pay for your Geico policy, you should consider switching to another insurer.
Direct sales of insurance to the consumer eliminate the cost of middlemen and allow Geico to have far fewer local offices and agents than companies like State Farm and Allstate. It's also worth noting that Geico has a usage-based insurance program called DriveEasy, which can help drivers with low mileage save money. Every insurance company determines its rates differently, so even though Geico is among the cheapest car insurance companies, the best way to ensure you're getting the cheapest rate is to compare quotes from several insurers.