The Geico good driver discount is available to customers who have been accident-free for 5 years or more, and it can save policyholders up to 26% on their car insurance premium. To get the discount, the policyholder must have at least 5 years of driving experience, none of the vehicles on the policy can have any points assigned to them, and all drivers on the policy must have been accident-free for the past 5 years. Drivers don’t need to have been insured by Geico for the whole 5-year period to be eligible.
Will I lose the good driver discount with Geico if I get a point?
Geico uses a point system to weigh different traffic offenses and decide how much to charge you for insurance. If you get any points, you will lose the good driver discount and could have your premium increased.
Points can be assigned when the policyholder or any driver in your household is involved in an accident or convicted of a major traffic violation. Geico also assigns one point just for adding an inexperienced driver to your policy. So if you’re insuring anyone who has been licensed for less than three years, you won’t be eligible for the discount.
What if I’m not eligible for Geico’s good driver discounts?
If you can’t get the Geico good driver discount, or you lose it, there are other ways to save. Geico has discounts for things such as wearing seatbelts, attending defensive driving or driver’s ed classes, getting good grades, having certain vehicle safety features, bundling policies, and being affiliated with certain government and corporate organizations.
Geico is one of the nation’s most affordable insurers, in part because of the variety of discounts they offer.
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