Does Geico offer classic car insurance?

Yes, Geico roadside assistance has a towing limit of 20 miles per tow. If you have Geico roadside assistance coverage, Geico will contract with an independent towing company to have your car taken to the nearest qualified repair facility free of charge if it is within 20 miles of where your vehicle broke down. You will have to pay out of pocket if you want your vehicle towed to a location beyond 20 miles, which can cost about $3 to $10 per mile.... read full answer

Geico’s towing service compares favorably with that of AAA’s Classic plan, which has a 3 to 5-mile limit for free towing. In less populated areas, you may not find a qualified repair shop within this distance. AAA’s basic roadside assistance package costs as little as $38 per year, but the price can change depending on your state. Geico roadside assistance can cost as little as $14 per year.

Geico Roadside Assistance vs. Popular Competitors

In addition to towing, Geico Emergency Road Service covers dead batteries, flat tires and lockout service. Only Geico auto insurance policyholders are eligible for this add-on insurance. You can call (800) 424-3426 for more information or visit the Geico website.

No, Geico does not offer gap insurance, but you can find affordable gap policies from many other major insurance companies. Gap insurance is a specialty type of coverage that pays the difference between your car’s actual cash value and your loan or lease balance if the vehicle is stolen or totaled. You may be required to carry gap coverage if your vehicle is financed.... read full answer

Popular Gap Insurance Providers

• Allstate
• Travelers
• The Hartford
• Liberty Mutual
• Nationwide
• Kemper
• Progressive
• Esurance

If you’re a current Geico customer and want to maintain your policy, you could purchase gap insurance from a dealership or a stand-alone company. However, dealership gap insurance is often the most expensive option, since it’s usually rolled into your loan and charged interest.

For more information, check out WalletHub’s complete guide to gap insurance.

Geico is so cheap because it sells insurance directly to consumers and offers a lot of discounts. Direct-to-consumer insurance sales eliminate the cost of middlemen and allow Geico to have significantly fewer local offices and agents than companies like State Farm and Allstate. Having a smaller agent network lowers Geico’s overhead costs, so they can pass those savings on to consumers.... read full answer

Average Monthly Rates for Geico vs. Top Competitors

Note: Premiums are representative of a 45-year-old good driver in California; individual premiums will vary.

Every insurance company determines its rates differently, so even though Geico is among the cheapest car insurance companies, the best way to make sure you’re getting the cheapest rate is to compare quotes from multiple insurers.

To learn more, check out WalletHub’s review of Geico and see Geico’s full profile.