The Geico alumni discount is a type of affiliation discount available to alumni of more than 400 colleges and universities, as well as members of 200+ alumni associations and other organizations affiliated with higher education. The discount could save you as much as 8%, but it varies based on the organization and your state.
Only one affiliate discount can be applied per policy. That means if you and your spouse went to different universities, it’s worth checking which one has a bigger discount.
Notable Groups Eligible for Geico Alumni Discounts
Alumni of 400+ colleges and universities, from Arizona State to Xavier University.
Members of 70+ college and university alumni associations, from the American University Alumni Association to the Western Kentucky University Alumni Association.
Alumni of schools in 20+ college sports conferences, from the ACC, Big East and Big-12 to the Ivy League, Pac-12 and Western Athletic Conference.
Members of 90+ fraternities, sororities, and honor societies – like Kappa Sigma, Delta Gamma, and Phi Kappa Phi.
Members of 70+ educational organizations, such as the American Medical Student Association and the American Association of Community Colleges.
If an organization you belong to is on Geico’s list, you can see the alumni discount applied to your new policy in an online quote. You may need to enter your organization’s credentials to get the discount in some cases. If you already have a Geico policy, call customer service at 800-207-7847 to have it applied to your account.
Yes, Geico offers rideshare insurance. Geico rideshare insurance is available as part of a hybrid policy that covers both rideshare driving and non-business driving, replacing your personal car insurance policy. A Geico rideshare policy typically costs only slightly more than a personal-use policy, and it provides more coverage and a lower deductible than the insurance offered by Uber and Lyft.… read full answer
Geico Rideshare Insurance Coverage
Deductible gap coverage, so you can choose your own Geico deductible rather than paying Lyft’s or Uber’s
Coverage for damage to your car, medical expenses, liability, and more while the app is on but before you accept a ride request
Comprehensive, collision, liability, and more (depending on the coverage you purchase with your policy) once you have accepted a ride request
Rideshare insurance varies by state, so check with Geico to see if their rideshare coverage is available in your location. It’s also worth noting that Geico rideshare insurance excludes large buses, vans, and limousines.
Other Key Things to Know About Rideshare Insurance
In general, rideshare policies are important because the coverage provided by Lyft and Uber varies depending on where the driver is in the process of a ride. When a driver is online and waiting for a ride request, Uber and Lyft provide liability-only insurance.
Once the driver has accepted a ride request, Uber and Lyft provide up to $1 million in liability insurance, plus any other type of coverage required in the state. Both companies also provide collision and comprehensive insurance during this period, but only for drivers who have these types of coverage on their personal policy. However, Uber’s deductible is $1,000 and Lyft’s is $2,500. These are significantly more expensive than the average car insurance deductible of $500.
You can get a Geico good student discount if you have at least a B average or a 3.0 GPA. Student drivers can save up to 15% as long as they are full time high school or college students.
Young drivers are usually quite expensive to insure since they lack driving experience. However, … read full answerGeico offers a good student discount because having good grades shows the insurer that you are responsible off the road, meaning you’re more likely to be responsible in the driver’s seat as well.
Geico good student discounts vary by state, but it’s always worth the effort of checking if they are available in your location.
To get the Geico federal employee discount of 8%, you must be an active or retired federal government employee, GS-7 or above. Geico also offers this “Eagle Discount” to federal employees with positions that are not on the GS pay system, as long as the job is equal to GS-11 or higher. The Geico Eagle Discount is available in most states and Washington, D.C.… read full answer
If you belong to a federal organization like the Association of the U.S. Army, Federal Law Enforcement Officers Association, or Young Government Leaders, you can get a membership discount instead. Geico has a long list of over 500 federal affiliates, but the exact discount varies based on the organization and your location. The membership discount is also available in most states and D.C., but you can’t combine both the Geico membership and Eagle discounts.
Geico will ask about your employment when you get a quote online or over the phone, so you’ll know right away if you’re eligible for one of these programs.
It’s also worth noting that Geico was founded in 1936 to serve federal employees. Their name is actually an acronym for Government Employees Insurance Co.—GEICO. You can count on them to take care of your insurance needs as a federal employee.
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