Compare Geico car insurance discounts

Steep savings here could keep your premium well below the norm.

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Geico advertises its cheap rates nationwide, and you might enjoy knowing that it lives up to its marketing. The company includes low average premiums and a long list of discounts to help nearly any driver save on car insurance.

What discounts can I get from Geico?

Geico’s affordable car insurance comes with a generous suite of discounts that help make its prices so competitive. Discounts include:

  • Military. Special discounts and premium reductions for service members.
  • Defensive driving. Receive discounts for the completion of a defensive driving course.
  • Multicar. Receive a discount when you insure multiple vehicles on the same policy.
  • Good student. Save up to 15% if you’re a student with a B average or better.
  • Membership. Members of over 500 organizations can receive discounted rates.
  • Federal employee discount. Discounts and premium reductions for current or former government employees.
  • Safe car. Receive up to 40% off if your vehicle is equipped with safety equipment.
  • Bundling. Save when you have multiple insurance policies with Geico.
  • Good driver. Save up to 25% if you have a clean driving record for the past five years.
  • Mature driver. Special rates and renewal privileges for drivers over 50 with clean driving records.
  • Navy Federal car insurance. Geico is partnering with Navy Federal Credit Union to offer special car insurance discounts to Navy Federal banking members.

How much can I save with Geico?

Geico advertises that it could save you over 50% from another provider’s standard rate, and its steep discounts likely play into the potential savings. However, you might consider the overall rate and coverage compared to quotes from other providers.

Geico does tend to have cheap rates, with its average annual premium at $394 — well below the national average of $1,300 per year. Your premium may differ based on your car, location and driving record.

How do Geico’s discounts compare to other insurers?

Overall, Geico has some of the cheapest average rates among big-name providers. Geico’s laundry list of discounts contribute to its low averages, which speaks to how many drivers can qualify. However, USAA sticks close within just a few dollars, making that a possible competitor if you’re affiliated with the military.

You’ll also find bigger discounts with Geico compared to many insurers, especially for driving a safe car. Many other companies only shave 10% off your premium for safety features like automatic braking or rearview cameras.

Case study: saving 60% with a Geico policy

Casey is a 45-year-old driver with a clean record and multiple family cars. After applying for Geico car insurance, Casey received 60% off her standard Geico policy cost because of her claims-free history, vehicle safety features and insuring more than just one car.

Looking for more discounts? Compare alternatives to Geico

Name Product Roadside assistance New car protection Accident forgiveness Safe driver discount Available states
Progressive
Optional
30%
All 50 states
Choose from a long list of discounts and coverage for almost any driver.
Geico
Optional
26%
All 50 states
Customize your policy and get quotes online in minutes. Many drivers could save up to $500 by switching.
The AARP Auto Insurance Program from The Hartford
Optional
Yes
All 50 states & DC
Enjoy exclusive savings and benefits designed for drivers at least 50 years old.
Clearcover
Optional
No
AZ, CA, IL, TX, UT
Find basic coverage and low rates through its easy online or app-based experience.
Metromile
Optional
49%
AZ, CA, IL, NJ, OR, PA, VA, WA
Pay-as-you-go rates based on how much and how well you drive start at $29/month plus pennies per mile.
Allstate
13%
All 50 states
Enjoy having your own dedicated agent to help you get the best discounts and coverage.
Liberty Mutual
Optional
30%
All 50 states
Build a policy online or with local agent support, with features like better car replacement and accident forgiveness.
Motion Auto
Optional
No
AZ
Get instant coverage and track your driving over time to lower your rates.

Compare up to 4 providers

Bottom line

Many drivers can save big when insuring through Geico, especially if you have a history of safe driving. Still, the only way to get the best value for coverage is to compare multiple providers.

Frequently asked questions about Geico discounts

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