Geico Reviews and Ratings 2024
Founded in 1936 by Leo Goodwin, GEICO is a leading American auto insurance company. Initially serving federal employees and military personnel, it now offers a variety of insurance products, including auto, home, renters, and life insurance. It is the second-largest auto insurer in the U.S., following State Farm Insurance.
For over 75 years, GEICO has excelled in the insurance industry, standing as a leading auto insurer known for low rates, excellent service, and smart marketing. As a subsidiary of Berkshire Hathaway, we provide associates with training and career growth in a stable and rewarding environment.
Overview: Geico
Number of reviews: Wallethub(2k), US News (342), Trustpilot (416), Total: 2758
Ratings: Wallethub(2.4), US News (4.1), Trustpilot (1.3) , AVG : 2.6
Official website: geico.com
Founded Year: 1936
Geico has built its image as a well-respected and reputable insurance company.
Benefits and Drawbacks of Geico
Here are a few benefits and drawbacks of choosing Geico for your next coverage.
Benefits:
- Highly praised by trustworthy organizations.
- The second-largest auto insurance company in the United States, just behind State Farm.
- Devoted to tailoring policies to meet your individual needs.
- Offers a wide range of coverage options under one roof.
- Features a user-friendly, detailed website interface.
- Provides very cost-effective premiums for low-risk customers.
- Presents a variety of discounts.
- Offers insurance products across all 50 states.
Drawbacks:
- Reaching out can be challenging sometimes
- Automated chat services might deter individuals seeking human interaction
- Some users may find the website overwhelming
- Policy premiums are elevated for those with a negative credit history or DUI convictions
How Geico Operates
GEICO, the second-largest private auto insurer in the U.S., is a subsidiary of Berkshire Hathaway Inc. It operates a direct-to-consumer model, selling policies via its website, phone, or mobile app, and also offers local agent support.
GEICO is renowned for its competitive rates and diverse insurance offerings, including auto, motorcycle, homeowners, renters insurance, and numerous discounts for good drivers, military personnel, and students.
Geico Services
Geico Insurance offers a comprehensive range of insurance products tailored to individual needs. These include coverage for:
Vehicle Insurance
- Car
- Motorcycle
- ATV
- RV
- Boat & PWC
- Collector Auto
- Commercial Auto
- Mexico Auto
Property Insurance
- Homeowners
- Renters
- Condo/Co-op
- Mobile Home
- Landlord
- Flood and Earthquake
Business Insurance
- Business Owners
- General Liability
- Professional Liability
- Cyber Liability
- Workers' Compensation
- Medical Malpractice
- Wellness & Fitness
- Commercial Auto
Reviews and Ratings of Geico
Geico has been reviewed across the platforms like wallethub, US News, Trustpilot
and many more. There are mixed ratings and feedback on different platforms, but on average we must say that Geico has gained decent reviews and ratings from its customers.
What People Have to Say About Geico insurance?
There’s a wealth of feedback and reviews about Geico available online. Here, we’ve selected a few to give you a brief overview.
Best insurance company I’ve had the pleasure of dealing with when it comes to auto insurance- Rafael
★ ★ ★ ★ ★
Geico could be a one stop shopping for my portfolio as well as insurance needs! So yes still keeping the current policy but making changes, going forward. – Mildred
★ ★ ★
They were high priced, but fine, until something (on their side) went wrong with autopay and it turned off. – Drew
★ ★
In a Nutshell: Geico Reviews
In our research on Geico, we looked into its history & background, the mission & vision and values it is committed to provide to its customers. Overall, we found that Geico has a reputable history dating back to 1936.
Why BCcol Reviews for Geico Insurance?
For over nine years, BCcol has offered meaningful travel experiences worldwide. Recognizing the importance of insurance for international travelers, we provide information on insurance policies and coverages. This includes reviews and ratings of companies like Geico, which offers travel insurance, to help you make informed decisions.