• Wed. Dec 6th, 2023

Car Auto Insurance

It's My Car Car Auto Insurance

Geico Auto Insurance Review 2023

Paying for auto insurance is a fact of life for nearly every car owner. And when you’re looking for an auto insurer, you probably want the option that will both save you money and keep your wallet protected in case you run into trouble on the road.

Below, we provide a review of GEICO, one of our favorite car insurance providers, including details on coverage options, additional features, discounts and more so you can determine whether it’s a good option for your vehicle — and your budget.

GEICO car insurance review

Geico Auto Insurance

  • Cost

    The best way to estimate your costs is to request a quote

  • App available

  • Policy highlights

    Geico coverage and services are available in all 50 states and the District of Columbia and there are 16 different types of discounts available. In addition to the standard coverage options, Geico offers various optional add-ons, such as emergency roadside assistance, rental car reimbursement and mechanical breakdown insurance.


  • Lowest average rates
  • Inclusive coverage options, including high-risk drivers
  • Available nationwide


  • High premiums for high-risk drivers 
  • Fewer branches for in-person services


GEICO, available nationwide, provides the lowest average rates for both minimum and comprehensive coverage plans (according to our methodology) — which is why CNBC Select has picked it as our favorite cheapest auto insurance overall. It’s also earned a spot on our lists of the top car insurance companies for seniors, young adults and high-risk drivers.

Not only does GEICO offer some of the most affordable coverage, but it also has solid customer satisfaction ratings. The company maintains an A- rating with Better Business Bureau (BBB) and a relatively high J.D. Power score for customer satisfaction. And while high numbers of complaints are common for large insurance companies, GEICO car insurance has a lower complaint index from the National Association of Insurance Commissioners than many other large auto insurers.

GEICO offers a selection of coverage options and add-ons, including rental car reimbursement, emergency roadside assistance, mechanical breakdown insurance and others. Rates depend on the types and amounts of coverage you include in your policy, as well as your driving history, credit score (in most states) and discounts. According to our calculations, GEICO’s average annual premium for minimum coverage is $373. For maximum coverage, the average annual premium comes in at $1,353.


GEICO offers convenient features that help customers manage and use their insurance. You can access a personalized dashboard on the company’s website to track payments and any policy changes. You can also

  • Download digital ID cards
  • Start a new quote
  • Change your current coverage
  • Modify the address on your policy
  • Add vehicles to your policy
  • Report a claim

If you run into issues on the road, the website also offers options to get road assistance, such as for a flat tire or an empty gas tank. And should you need to contact GEICO, you can do so by email, online chat or phone. Alternatively, the company provides several addresses where you can send snail mail.

When you’re on the go, you can access all the same features via GEICO’s app. Additionally, GEICO partnered with CARFAX so you can check your vehicle’s service history and receive service reminders and recall alerts in the app. The service even shows you when your car registration is up for renewal and when your next recommended maintenance service should be (which you can schedule directly from the app), based on your vehicle’s mileage, which the app also tracks.


From including certain standard equipment in your car to good grades on your college report card, you have plenty of opportunities to qualify for discounts with GEICO, including:

Other insurance offered

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How it compares

Farmers Auto Insurance

  • Cost

    The best way to estimate your costs is to request a quote

  • App available

  • Policy highlights

    Farmers sells car insurance in every state except Alaska, Delaware, Hawaii, Maine, New Hampshire, Rhode Island, Vermont, Washington, D.C., and West Virginia and offers a whopping 22 discounts.

USAA Auto Insurance

  • Cost

    The best way to estimate your costs is to request a quote

  • App available

  • Policy highlights

    USAA’s auto insurance is available in all 50 states, Washington D.C. and some international locations. In addition to low rates and coverage options for unique circumstances, such as for active-duty members, customers have access to an intuitive mobile app.

Bottom line

Our methodology

To determine which car insurance companies we recommend, CNBC Select analyzed dozens of U.S. insurance companies that come with policies to suit an array of needs.

When narrowing down and ranking these car insurance companies, we focused on average cost, coverage, availability, ease of use and customer satisfaction using data from the National Association of Insurance CommissionersAM BestJ.D. Power rankings and car insurance premium data from Bankrate.com.

The average annual premium data is based on a 40-year-old driver with a clean driving record and good credit. The driver insures a 2020 Toyota Camry, commutes five days a week and drives 12,000 miles annually, with the following full-coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

After reviewing the above features, we sorted our recommendations into the following categories: overall, wide coverage, customer satisfaction, discounts and military members and veterans.

Note that the premiums and policy structures advertised for car insurance companies are subject to fluctuate in accordance with the company’s policies.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.


By admin

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