Allstate vs. GEICO: Best Auto Insurance for 2024
Allstate and GEICO are two of the biggest auto insurance companies in the U.S., making Allstate vs. GEICO a common comparison. On average, GEICO auto insurance is $139 cheaper than Allstate. Although Allstate has more coverage options, GEICO has a better A.M. Best rating. Allstate vs. GEICO auto insurance will differ based on credit score and other individual factors.
Read moreFree Auto Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Dorothea Hudson
Insurance and Finance Writer
Dorothea Hudson has been professionally writing in many spheres since 2013. She has written on entertainment, insurance, finance, travel, technology, AI, renewable energy, crypto, fundraising, and real estate for many websites. Her work has been published for British retailer Marks and Spencer, Kroger Magazine, the Vision Group, and more. Her passions include writing, music, running, travel, te...
Insurance and Finance Writer
UPDATED: Nov 4, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Nov 4, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn’t influence our content. Our opinions are our own.
On This Page
- Geico is ranked number two in the top ten auto insurance company list and Allstate is at number four
- Several factors will determine the amount of an Allstate or Geico quote
- On average, Geico Insurance is cheaper than Allstate Insurance
- Allstate provides more coverage options than Geico
Are you trying to decide if Allstate or Geico is better for auto insurance? Don’t worry – we’re here to help.
Our Allstate vs. Geico auto insurance guide explains which company is cheaper, which has more auto insurance coverage options, discounts, and the company with the best third-party ratings.
Before seeing how Allstate vs. Geico stack up, see how much you could be saving right now. Enter your ZIP code in the free comparison tool above to find quotes from multiple companies in your area.
Allstate vs. Geico Auto Insurance: Which company is the cheapest?
The average auto insurance rate for Geico is $268 per month. Allstate’s average is $139 more than Geico. That means that when comparing Allstate vs. Geico auto insurance quotes head to head, the more affordable car insurance company is Geico.
Certain factors can cause fluctuations in your monthly rate. This guide explores the key elements that influence these changes. To start, let’s compare the costs of Geico and Allstate, including a review of Geico mechanical breakdown insurance and Allstate mechanical breakdown insurance.
Allstate vs. GEICO Summary
Summary | Allstate Auto Insurance Stats | Geico Auto Insurance Stats |
---|---|---|
Year Founded | 1931 | 1936 |
Headquarters | 3075 Sanders Road Northbrook, IL 60062-7127 | 5260 Western Avenue Chevy Chase, MD 20815 |
Phone Number | 1-877-366-1607 | 1-800-207-7847 |
Website | https://www.allstate.com/ | https://www.geico.com/ |
Direct Premiums | $23.8 Billion | $35.2 Billion |
Market Share | 9% | 14% |
National Average Auto Insurance | $407/month | $268/month |
You can find policy information from Allstate and Geico customer service 24/7, either by phone or online. When it comes to which company earns the most, Geico makes $11.4 billion more than Allstate.
https://youtu.be/BTJaPGZmYNQ
Allstate holds a smaller market share and more expensive rates on average. This summary is just a portion of the information about both companies. Check out our Allstate Review and Geico Review for more details.
Which is cheapest by driving record?
One of the most important factors in determining auto insurance rates is your driving record. Let’s see how Allstate vs. Geico auto insurance rates compare based on different driving records.
Allstate vs. GEICO Auto Insurance Rates by Driving Records
Driving Record Summary | ||
---|---|---|
Clean Driving Record | $318 | $179 |
With 1 Speeding Violation | $374 | $220 |
With 1 Accident | $416 | $266 |
With 1 DUI | $522 | $406 |
Geico is massively cheaper for drivers with a clean driving record. Even with a speeding ticket or an accident on your record, Geico is still less expensive than Allstate.
Which is cheapest by credit score?
If you have a good credit score, you’re likely to see cheaper car insurance rates. Why? Auto insurance companies correlate good credit to lower chances of filing a claim.
Customers with poor credit are typically given higher insurance rates, as providers, including Allstate, associate low credit scores with an increased likelihood of filing a claim. This often results in a rate increase after an accident and makes it harder to find cheaper insurance than Geico. In comparison to car insurance that is cheaper than Geico, Allstate’s new driver insurance cost can also be higher due to these factors.
Do Allstate and Geico follow this method? Let’s see.
Allstate vs. GEICO Auto Insurance Rates by Credit Scores
Credit History Summary | ||
---|---|---|
Good Credit (670-739) | $322 | $203 |
Fair Credit Score (580-669) | $382 | $249 |
Poor Credit Score (300-579) | $541 | $355 |
Yes, they do. However, Geico is still much cheaper than Allstate. If you hope to save any money on auto insurance, Geico may be the better option than Allstate.
Which is cheapest by age?
In the auto insurance industry, age reflects the driving experience of the driver. Younger drivers tend to produce higher than average rates because they’re less experienced than older drivers and take more risks.
https://youtu.be/7i_Y5lewEKY
So how much more do younger drivers pay for car insurance? Let’s examine how Allstate and Geico base their rates depending on age.
Allstate vs. GEICO Auto Insurance Rates by Age
Age of Drivers | ||
---|---|---|
60-Year-Old Driver | $246 | $189 |
35-Year-Old Driver | $262 | $192 |
25-Year-Old Driver | $291 | $193 |
17-Year-Old Driver | $830 | $497 |
Allstate’s car insurance rates are about $40 to $100 more for drivers 25 years old. Teen and young adult drivers will encounter auto insurance rates that are more than double the average monthly rate. However, discounts can take care of those non-standard auto insurance rates.
Enter your ZIP code below to compare auto insurance rates.
Secured with SHA-256 Encryption
Allstate vs. Geico Auto Insurance: Which company has more coverage options?
Now that you have an idea of your potential spending on Allstate and Geico car insurance, let’s examine the coverage options available with both companies, including the Allstate umbrella insurance cost, non-owner insurance options from Geico, and the Allstate car insurance quotes.
You may encounter a circumstance where you need more than just liability coverage. Check out the coverage options and see which company has more options.
Comparing Allstate vs. GEICO Auto Insurance Coverage Options
Allstate Auto Insurance Coverages | Geico Auto Insurance Coverages |
---|---|
Collision coverage | Bodily Injury Liability |
Comprehensive coverage | Property Damage Liability |
Bodily Injury Liability | Medical Payments coverage |
Property Damage Liability | Uninsured & Underinsured Motorist coverage |
Uninsured & Underinsured Motorist Coverage | Collision |
Rental Reimbursement Coverage | Comprehensive |
Personal Umbrella Policy | Emergency Roadside Assistance |
Personal Injury Protection | Mechanical Breakdown Insurance |
Sound System Insurance | Rental Car Reimbursement |
Roadside Assistance | |
Classic Car Insurance | |
Travel Car Insurance to Mexico |
After losing the cost battle, Allstate makes a comeback by offering more coverage options. Geico has a small advantage with its mechanical breakdown insurance, though.
Allstate vs. Geico Auto Insurance: Who has more discounts?
Why are car insurance discounts so significant? The more deals a company has, the more opportunities you’ll have to save money. You may not qualify for every discount, but more bargains could increase your chances of saving money.
Let’s compare Allstate and Geico’s discounts below.
Allstate vs. GEICO Auto Insurance Discounts
Auto Insurance Discounts | ||
---|---|---|
Adaptive Cruise Control | ✘ | ✘ |
Adaptive Headlights | ✘ | ✘ |
Anti-lock Brakes | ✔ | ✔ |
Anti-Theft | ✔ | ✔ |
Daytime Running Lights | ✔ | ✔ |
Electronic Stability Control | ✔ | ✘ |
Utility Vehicle | ✔ | ✔ |
Vehicle Recovery | ✔ | ✔ |
VIN Etching | ✘ | ✘ |
Lane Departure Warning | ✘ | ✘ |
Newer Vehicle | ✔ | ✔ |
Green Vehicle | ✔ | ✘ |
Forward Collision Warning | ✘ | ✘ |
Claim Free | ✔ | ✔ |
Continuous Coverage | ✔ | ✔ |
Defensive Driver | ✔ | ✔ |
Distant Student | ✔ | ✔ |
Driver's Ed | ✔ | ✔ |
Driving Device/App | ✔ | ✔ |
Early Signing | ✔ | ✔ |
Emergency Deployment | ✘ | ✔ |
Engaged Couple | ✘ | ✘ |
Family Legacy | ✘ | ✔ |
Family Plan | ✘ | ✘ |
Farm Vehicle | ✔ | ✔ |
Fast 5 | ✘ | ✘ |
Federal Employee | ✘ | ✔ |
Full Payment | ✔ | ✔ |
Further Education | ✘ | ✔ |
Garaging/Storing | ✘ | ✘ |
Good Credit | ✘ | ✘ |
Good Student | ✔ | ✔ |
Homeowner | ✘ | ✔ |
Life Insurance | ✔ | ✘ |
Low Mileage | ✔ | ✔ |
Loyalty | ✘ | ✔ |
Married | ✘ | ✘ |
Membership/Group | ✘ | ✔ |
Military | ✔ | ✔ |
Military Garaging | ✘ | ✘ |
Multiple Drivers | ✘ | ✘ |
Multiple Policies | ✔ | ✔ |
Multiple Vehicles | ✘ | ✔ |
New Address | ✘ | ✘ |
New Customer/New Plan | ✘ | ✘ |
New Graduate | ✘ | ✘ |
Newly Licensed | ✘ | ✘ |
Newlyweds | ✘ | ✘ |
Non-Smoker/Non-Drinker | ✘ | ✘ |
Occasional Operator | ✘ | ✘ |
Occupation | ✔ | ✔ |
On-Time Payments | ✔ | ✘ |
Online Shopper | ✘ | ✘ |
Paperless Documents | ✔ | ✘ |
Paperless/Auto Billing | ✔ | ✘ |
Passive Restraint | ✔ | ✔ |
Recent Retirees | ✘ | ✘ |
Renter | ✘ | ✘ |
Roadside Assistance | ✘ | ✘ |
Safe Driver | ✔ | ✔ |
Seat Belt Use | ✘ | ✔ |
Senior Driver | ✔ | ✘ |
Stable Residence | ✘ | ✘ |
Students & Alumni | ✘ | ✔ |
Switching Provider | ✘ | ✘ |
Volunteer | ✘ | ✘ |
Young Driver | ✘ | ✘ |
While Geico offers a few more discounts compared to Allstate, such as the Geico marriage discount, you can still save significantly with Allstate. This includes the Allstate smart student discount and the Allstate federal employee discount, which provide substantial savings for those who qualify.
Which company has the better financial strength and customer satisfaction ratings?
Before you make your final decision, it’s smart to check out the financial strength and credit ratings of a company.
What are financial strength and credit ratings? These are ratings that summarize an insurance company’s financial performance and investment risk level. In other words, it’s a review of a company’s ability to manage money.
AM Best, Moody’s, and S&P are the most reliable agencies that review companies each year. We’ve managed to compile each agency’s recent score in the research below. Let’s see how Allstate and Geico performed.
Allstate vs. GEICO Financial Strength and Credit Ratings
Agencies | ||
---|---|---|
AM Best | A+ (Excellent) | A++ (Superior) |
Moody's | A3 (Good) | Aa3 (Excellent) |
S&P | AA- (Very Good) | AA+ (Very Good) |
NAIC Complaint Index | 0.41 | 1.14 |
J.D. Power - Power Circle Ratings | About Average | About Average |
Consumer Reports | 88 | 89 |
Apple App Store (iOS) | 5 stars | 5 stars |
Google Play Store (Android) | 4 stars | 5 stars |
Overall, Geico’s financial strength and credit ratings are better than Allstate’s. But what about the other ratings?
The NAIC Complaint Index, J.D. Power, and Consumer Reports scores show customer satisfaction performance. Allstate has lower than average complaints, which is a much better score than Geico.
In the J.D. Power study, Allstate and Geico have the same score. Geico comes back with another victory with a slightly stronger lead under Consumer Reports.
Allstate vs. Geico Mobile App Ratings
Allstate and Geico have the same mobile app ratings at the Apple App Store, which is five stars. However, Geico has one more star than Allstate on the Google Play Store.
To access insurance apps after downloading them to your smartphone, you’ll need to create a login for either Allstate or Geico online or through your phone. For information on Allstate full coverage cost and how Allstate handles speeding tickets, you can use this login to manage your policy details.
Once you make a Geico or Allstate Insurance account, you should be able to use your login and password on the phone, tablet, or desktop computer to access your information and make changes to your policy. Geico as well as Allstate claims can be filed using the app.
Enter your ZIP code below to compare auto insurance rates.
Secured with SHA-256 Encryption
Allstate vs. Geico Auto Insurance: The Bottom Line
Without question, Geico is the better auto insurance company when all the details stack up against Allstate. Does that make Allstate a bad company? Of course not.
Car insurance quotes can differ based on your personal details. Since individual situations vary, it’s a good idea to obtain a quote yourself to determine if you can secure affordable coverage. For instance, when exploring options like an Allstate umbrella policy or obtaining an Allstate auto insurance estimate, the Allstate area code might affect the rates and coverage available to you.
While you’re considering what you have read about Allstate and Geico auto insurance, see how much less you could be paying for your coverage. Compare multiple companies by entering your ZIP code area today.
Frequently Asked Questions
Is Allstate better than Geico?
Determining if Allstate is better than Geico depends on what you value in an insurance provider. Allstate offers a broader range of coverage options and discounts, while Geico is generally more affordable and has better customer satisfaction ratings. Your choice may depend on your specific needs and preferences.
Is Allstate cheaper than Geico?
On average, Geico tends to be cheaper than Allstate. Geico’s rates are often lower, making it a more budget-friendly option for many drivers. However, rates can vary based on individual factors such as driving history and location.
Is Geico a good insurance company?
Yes, Geico is considered a good insurance company. It is known for its competitive rates, strong financial stability, and high customer satisfaction. Geico consistently receives positive reviews for its service and affordability.
Is Geico cheaper than State Farm?
Generally, Geico is cheaper than State Farm. Geico’s rates are often lower, making it a more cost-effective option for many drivers. However, rates can vary based on individual circumstances, so it’s worth comparing quotes from both companies.
Is Geico the best car insurance?
While Geico is highly rated and offers competitive rates, whether it is the “best” car insurance depends on your specific needs. Geico is known for affordability and good customer service, but other companies may offer better coverage options or discounts that suit your situation better.
Is Liberty Mutual cheaper than Geico?
When comparing Geico vs. Liberty Mutual, you’ll generally find that Liberty Mutual tends to be pricier than Geico. Typically, Geico provides more competitive rates, which can be a more budget-friendly choice for many drivers. To get the best rate for your needs, it’s beneficial to compare quotes from both Geico and Liberty Mutual.
Is Nationwide cheaper than Geico?
When comparing Geico vs. Nationwide, Geico typically offers lower rates, making it a more affordable option for many drivers. However, since individual insurance rates can vary, it’s wise to compare quotes from both Geico and Nationwide to find the best deal for your specific needs.
Is roadside assistance free with Geico?
Roadside assistance is included in many Geico policies, but it may not be free for all coverage levels. It’s important to review your policy details to understand what is included and any potential costs associated with roadside assistance.
What is the NAIC number for Geico car insurance?
The NAIC number for Geico is 35882. This number can be used to identify Geico in insurance-related transactions and regulatory matters.
Will Geico match quotes?
Geico does not have a formal policy for matching quotes from other insurers. However, it is always a good idea to check with Geico directly, as they may offer competitive rates and discounts that could result in a lower premium.
How much does Geico car insurance cost?
The cost of Geico car insurance varies widely depending on factors such as driving history, location, and coverage options. On average, Geico’s car insurance costs are lower than many other providers, but getting a personalized quote will give you a more accurate estimate.
How much does Geico roadside assistance cost?
The cost of Geico’s roadside assistance varies based on your policy. It is often included in comprehensive and collision coverage plans, but specifics can vary. Check your policy details for precise information on costs.
How much does insurance increase after an accident with Geico?
Insurance rates generally increase after an accident, with the amount depending on the severity of the accident and your driving history. Geico’s increase will be based on your individual situation, but it is typical for rates to rise after a claim.
How much is Allstate car insurance a month?
The average cost of Allstate car insurance is higher compared to some competitors, such as GEICO. Monthly premiums can vary based on factors like your driving record, location, and coverage levels. For precise rates, it’s best to get a personalized quote from Allstate.
How much is Allstate car insurance for full coverage?
Full coverage car insurance with Allstate typically costs more than basic liability coverage. The exact amount will depend on various factors, including your driving history and vehicle type. Request a quote from Allstate for specific pricing details.
How much is Geico car insurance for a 17-year-old?
Car insurance for a 17-year-old is generally high due to the increased risk associated with young drivers. Geico offers competitive rates for younger drivers, but exact costs will vary. Getting a quote from Geico will provide a precise estimate.
How much is Geico full coverage?
The cost of full coverage insurance with Geico varies based on factors like your vehicle, driving history, and location. Geico generally offers competitive rates, but for specific pricing, obtaining a personalized quote is recommended.
How to make Geico insurance cheaper?
To make Geico insurance cheaper, consider bundling policies, maintaining a good driving record, taking advantage of available discounts, and reviewing your coverage options. Contact Geico to discuss ways to reduce your premium.
Geico vs. Hartford car insurance: Which is better?
When comparing Geico and Hartford for car insurance, Geico generally stands out for its affordability and extensive range of discounts. Hartford, on the other hand, is known for its strong coverage options for older vehicles and good customer service. The best choice depends on your specific needs, such as budget, coverage options, and customer service preferences.
Geico vs. Infinity: How do their car insurance options compare?
Geico and Infinity offer different benefits. Geico is renowned for its low rates and wide range of discounts, including for safe driving and multiple policies. Infinity, while possibly higher in cost, may cater to drivers with higher risk profiles or those seeking more specialized coverage. Comparing quotes and coverage options from both can help determine which fits your needs better.
Geico liability vs. full coverage: What are the differences?
Geico liability insurance covers damages and injuries you cause to others in an accident. Full coverage, on the other hand, includes liability insurance plus collision and comprehensive coverage, which protects your own vehicle from damage or loss. Full coverage is generally more expensive but provides broader protection.
21st Century vs. Geico : Which car insurance provider is better?
21st Century and Geico both offer competitive car insurance, but Geico is often favored for its lower rates and extensive discount options. 21st Century may provide more personalized service and tailored coverage options. Evaluating your specific needs and comparing quotes can help you decide which provider is better for you.
Does Allstate offer antique car insurance?
Yes, Allstate offers specialized coverage for antique cars through its classic car insurance policies. These policies are designed to protect vintage vehicles with agreed-upon value coverage and specialized benefits tailored to classic car enthusiasts.
Does Geico provide collector car insurance?
Geico does offer collector car insurance through partnerships with specialized insurers. This coverage typically includes benefits tailored to classic and collectible vehicles, such as agreed value coverage and protection for the unique aspects of collector cars.
Does Allstate cover rental cars?
Yes, Allstate’s car insurance policies typically include coverage for rental cars, often as part of the collision and comprehensive coverage. However, coverage details can vary, so it’s important to confirm with Allstate what is included in your specific policy.
Geico vs. Safe Auto: Which offers better car insurance?
Geico is generally known for its lower rates and broad range of discounts compared to Safe Auto. Safe Auto may offer more flexible options for drivers with non-standard needs. Comparing quotes and coverage options from both companies can help you determine which is the better choice for your insurance needs.
What is Allstate’s A.M. Best rating?
Allstate’s A.M. Best rating typically reflects its strong financial stability and ability to meet its insurance obligations. This rating can vary, so it’s advisable to check the most current rating directly from AM Best or Allstate’s financial reports.
What are Geico’s insurance options for 17-year-olds?
Geico offers various insurance options for 17-year-olds, including standard liability and full coverage policies. Due to the higher risk associated with younger drivers, rates may be higher. Geico provides several discounts, such as those for good students or completed driver’s education courses, which can help lower costs.
Is Geico better than State Farm?
When comparing Geico vs. State Farm, each company has its advantages. Geico generally offers lower rates and boasts high customer satisfaction ratings. On the other hand, State Farm provides a broader network of agents and may deliver more tailored service. The best option will depend on your individual needs and preferences.
Enter your ZIP code below to compare auto insurance rates.
Secured with SHA-256 Encryption
Dorothea Hudson
Insurance and Finance Writer
Dorothea Hudson has been professionally writing in many spheres since 2013. She has written on entertainment, insurance, finance, travel, technology, AI, renewable energy, crypto, fundraising, and real estate for many websites. Her work has been published for British retailer Marks and Spencer, Kroger Magazine, the Vision Group, and more. Her passions include writing, music, running, travel, te...
Insurance and Finance Writer
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.