Private passenger auto insurance is GEICO’s most popular offering. It’s an insurance force to be reckoned with. The Maryland-based firm is a wholly-owned subsidiary of Berkshire Hathaway and provides coverage for more than 28 million vehicles owned by more than 17 million policyholders. Whether you know it through the gecko or the caveman, GEICO is one of the most well-branded insurance firms in the US. $1,395 for drivers with one speeding violation $1,100 for clients with a clean driving record Homeowners’ and condo insurance, commercial auto, boat, recreational vehicle (RV), ATV, and renters’ insuranceĬost to insure most popular cars Average annual cost in 2020 according to The ZebraĬar insurance rates by age 2021 average rates according to US NewsĬar insurance rates by driving record 2021 average rates according to US News
Multi-Policy and Multi-Vehicle discounts for loyal customersĨ67 out of 1,000 points (highest-ranking among large auto insurers in the US). 
Federal Employee (Eagle) and Military discount of up to 12%. Driving History & Habits – can save up to 22% for drivers who are accident-free for five years. Vehicle Equipment Discount – potentially save up to 23% on air bags, anti-theft systems, and other car features. GEICO also offers insurance coverages for mechanical breakdowns, rental reimbursement, and emergency road service. May pay for collision damages or other damages resulting from vandalism, theft, fire, flood, or other covered losses May help compensate medical expenses related to a car accident or for loss of wages, medical treatment, and other accident-related costs regardless of who caused the accident May help compensate the policyholder for injuries or property damaged caused by a driver without insurance or insufficient coverage Has a limited network of local agents and some coverage types are available only through partnersĭamages for death or physical injuries resulting from an accident where the policyholder is at fault, or damages to someone else’s property from an accident where the policyholder is at fault. It has the highest rates for drivers with a DUI. Has one of the lowest overall average premiums in the US. The firm has a robust mobile app and online platform. It offers numerous discounts on products and services. The number of complaints against GEICO are much lower than expected for an insurance company of its scope and size. Key people: Todd Combs, President and CEO. 
Global locations: US, Belgium, Germany, Italy, Spain, United Kingdom.GWP: $35.09 billion (annual earned premium in 2020).Headquarters address: 5260 Western Avenue, Chevy Chase, Maryland 20815.
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