Geico vs. Farmers: Which provider is right for you?

Geico vs. Farmers

Trying to decide between Geico and Farmers? Geico, the second-largest insurance company in the US, has been providing insurance to drivers since 1936, while Farmers has been in the insurance industry since 1928. Both companies make insurance affordable by offering driver and vehicle discounts. And both companies get a 3 out of 5 rating from J.D. Power.

But which insurer is right for you? Take a look at our side-by-side comparison of Geico and Farmers below, and you’ll find the info you need to pick the one that best suits your needs.

	Geico	Farmers
About the provider	Geico’s been around since 1936 is the nation’s second-largest auto insurance company. It streamlines the process of purchasing comprehensive car insurance for your peace of mind.	“Serving America since 1928,” Farmers is one of the top names in car insurance with close to 20 million policies throughout all of America. With several different types of insurance to choose from, Farmers aims to ensure that customers have peace of mind with its award-winning Farmers Claim Services.
Price	Policy costs depend your personal situation. Visit Geico for a quote based on your specific needs.	Policy costs depend your personal situation. Visit Farmers for a quote based on your specific needs.
States served	All 50 states	All 50 states
User satisfaction*	N/A	A-
J.D. Power ratings**	3/5 on overall claims satisfaction	3/5 on overall claims satisfaction
Driver discounts	View driver discounts	View driver discounts
Vehicle discounts	View vehicle discounts	View vehicle discounts
	Read Review	Read Review

* Based on Better Business Bureau’s company rating
** Based on the 2016 U.S Auto Claims Satisfaction Study

Driver discounts

	Geico	Farmers
Good student	15% (full-time student, between 16-24 and B average or better)	B average or 3.0 GPA or higher
Defensive driver
Good driver	Up to 26% (5 years accident-free)
Pay in full discount
Multicar	Up to 25%
Military	Up to 15% (active duty, retired of member of the National guard or Reserves)
Homeowner
Other discounts	Federal employee – Up to 8% Emergency deployment – Up to 25% (member of the Enduring Freedom or Iraqi Freedom operational forces) Multi-policy / Multi-line discount – Varies Membership and employee discount – Varies Seat belt use – 15% (medical payments or personal injury portion of premium)	Distant students – 23 or younger, 100+ miles away from home Teen driver – Single licensed driver under 19 Youthful driver – Driver under 25 in the household Transfer discount – Switch to Farmers with no lapse in coverage
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Vehicle discounts

	Geico	Farmers
Anti-theft device	Up to 25% (comprehensive portion of premium)
Anti-lock brake	5% (collision portion of premium)
Passive restraints	N/A
Air bag	Up to 25% for driver-side airbags, or 40% for full-front seat airbag (applies to medical payments or personal injury)
Other discounts		Alternative fuel – Vehicle is fueled by new alternative resources like electric / gasoline hybrid, electric, ethanol, methanol
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Bottom line

If you’re an active or retired member of the military, Geico might be the best provider for you. They provide up to a 15% discount for those who serve our country. But if you’re looking for a discount for being a homeowner, Farmers is the way to go. As always, keep your personal situation in mind when weighing the benefits of each provider, and you’ll make the right decision.