How can new drivers save money with Geico?

Geico insurance is a good choice for new drivers, offering competitive rates, multiple discounts, and resources that develop and reward good driving habits. Geico’s rates are reported to be 12% to 34% cheaper than average, depending on the state, and Geico ranks among the most affordable car insurance companies for young drivers.

Car insurance for a learner’s permit or newly licensed driver is going to be expensive at first, regardless of insurer, since age and years of driving experience are major factors affecting premiums. But new drivers who complete a driver education course or participate in other driver safety programs can get discounts with Geico. Students might also be eligible for a discount with Geico if they have good grades, attend certain universities, or belong to eligible student organizations.

New drivers can save with Geico even without good grades and drivers ed, though. Take advantage of these tips to get the best rate on Geico insurance.

Drive a modest car

You can save a lot on your premium just by choosing the right car. Geico has a variety of vehicle-related discounts, including a 15% discount for cars up to three model years old. Geico also has discounts for air bags, anti-lock brakes, and anti-theft systems.

Emphasize safety

The best way for new drivers to save on insurance is to drive safely and gain experience slowly. Fewer accidents and moving violations mean lower rates now and in the future—new drivers can save as much as 26% with Geico after 5 years of safe driving.

Earn discounts

If you decide to add a new driver to your current Geico policy, you may be able to save as much as 25% for insuring multiple vehicles or bundling with other policy types, like homeowner’s or renter’s insurance.

Reduce coverage

It’s not a good idea to skip coverage you really need, but reducing unnecessary coverage can help new drivers make insurance more affordable. For example, there are some cases in which you may want to consider dropping full coverage on an older car.

Raise the deductible

Agreeing to pay more out of pocket before insurance kicks in after an accident can reduce the cost of an insurance policy. Drivers across the country save an average of around 10% by going with a deductible of $1,000 instead of $500, for instance.

Geico insurance rates for new drivers are usually competitive, but you should always compare quotes from several insurance companies to make sure you get the best rate.