Geico Insurance Review

Yes, Geico is good for home insurance. Geico offers home insurance in all 50 states and Washington D.C. through a network of partners, including AIG, Liberty Mutual, National General, and Travelers. Geico offers standard homeowners insurance as well as condo/co-op insurance, renters insurance, mobile home insurance, landlord insurance, and flood insurance. These policies provide coverage for damage caused by fire, severe weather, theft, and other “perils,” as they're called in the insurance industry.

Most mortgage lenders require proof of homeowners insurance. However, you may need more home insurance coverage from Geico if you live in an area where floods, earthquakes, or other natural disasters might occur.

Geico Home Insurance Coverage

• Damage to your home. This may include apartments, condos and manufactured homes as well as permanent structures on your property.
• Damage to personal belongings. This may include damage to furniture, clothing and electronics.
• Theft of jewelry. This includes stolen - not lost - jewelry worth roughly $500 $2,000.
• Personal liability exposure. This may include coverage for medical bills or legal fees in the event a visitor hurts themselves in your home or on a property you rent out.
• Additional costs you may incur due to a covered loss. This may include a temporary residence or rental car if your home is uninhabitable or your car is damaged due to a cause specified in your policy.

You can get a free homeowners insurance quote for your home, condo, or apartment online or by phone at 1 800 841 2964.

To cancel a Geico insurance policy, the policyholder must call Geico to speak directly with a customer service agent. Customers cannot cancel their policies online or through the Geico mobile app. You may cancel your Geico insurance policy at any time. The cancellation can be made effective immediately or set for a future date. Geico does not charge a cancellation fee.

How To Cancel Your Geico Policy

There are a few easy steps to cancel your Geico insurance policy by phone. First, get your Geico policy number ready. Next, call Geico at 1-800-841-1587. When you are prompted by the interactive voice response system, say “cancel insurance policy” and then “auto,” if you're canceling your car insurance policy. Finally, you will be connected to a customer service agent, who will walk you through the cancellation process.

Before the cancellation is complete, you must pay off any remaining balance on your account. If you've already paid your entire premium for the policy period in full, Geico will refund the unused portion.

Things To Consider Before You Cancel Your Geico Policy

Keep in mind that you do not have to cancel your policy just because you're going through some life changes. For example, if you've moved or replaced your current vehicle, Geico can simply update the mailing address or vehicle information on your policy. Geico also allows military members to suspend their policy temporarily if their vehicle will be left unused and in storage for more than 30 days.

On the other hand, if you wish to cancel because you're switching to another auto insurance carrier, be sure to obtain a new policy before canceling your current one. This helps to prevent a lapse in coverage, which could potentially lead to higher premiums down the road.

No, Geico does not offer gap insurance. Unlike seven of the top 10 car insurance companies, Geico does not sell gap insurance, a specialty type of coverage that pays for the difference between a totaled car's value and the driver's loan or lease balance.

You have several options if you're a current Geico customer and are looking for gap insurance. You could switch insurers and purchase a policy from a company that does offer gap insurance (or loan/lease payoff coverage, which is similar), like Nationwide or Progressive. You could also maintain your policy with Geico and purchase gap insurance from a dealership or a stand-alone company. However, it's worth noting that 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 RV insurance includes liability, collision, and comprehensive coverage, similar to Geico car insurance. However, since an RV is really a combination of a vehicle and a home, Geico offers an enhanced coverage policy for property losses and special problems RV owners can face on the road.

Enhanced RV coverage is currently available in all states except Hawaii, Massachusetts, Michigan, and North Carolina.

Geico Enhanced RV Policy Coverage

• Total loss replacement provides a new, similar RV if your RV is totaled and is less than 4 years old. If your RV is older, you'll receive the original price or actual cash value at the time of loss.
• Replacement cost for personal effects covers items inside your RV, including valuables you take with you and major equipment such as refrigerators or generators.
• Vacation liability covers injuries or property damage that happens to you or others at your RV vacation site.
• Emergency expense coverage pays for hotels and transportation when something happens to your RV.
• RV medical payments coverage pays for medical treatment after an accident, no matter who was at fault.

Other Key Things to Know About Geico RV Insurance

Geico's basic and enhanced RV insurance policies cover large motorhomes, van campers, and mini motor homes, as well as all types of towable travel trailers.

Premiums vary significantly based on an RV owner's state of residence and the size, age, and value of the RV. Geico, as well as other insurers, also factors in frequency of use, the value of an RV's contents, and the owner's driving record.

You can get an RV insurance quote from Geico's website. You also can call Geico RV insurance specialists at 1-877-GEICO-RV (434-2678).

Geico's umbrella insurance policy will cover claims that are beyond the financial limits or scope of your existing policies. It can add up to $1 million in additional liability coverage to car, boat, homeowners or professional insurance policies.

The average cost of a $1 million policy is less than $300 per year. If you can take advantage of Geico's multi-policy discount, or other discounts that you might be eligible for, you could bring the annual cost down to $100 or less.

Why Geico Umbrella Insurance Is Worth It

The Geico umbrella policy's additional liability coverage can protect you from a serious financial hit. If you injure someone or damage their property, your liability insurance pays the claim up to the limit written in your policy. But if the loss exceeds the limit and you don't have umbrella coverage, you'll have to pay the rest yourself.

For example, if someone gets hurt falling down your porch steps and wins a claim against you for $800,000, and your homeowners liability limit is $300,000, you may have to pay $500,000 out of your pocket. If you have Geico umbrella insurance, however, the policy would cover the difference.

Geico's umbrella insurance also covers your defense costs in case of a lawsuit and pays for many kinds of damages other policies don't. Examples include mental anguish, injuries caused by a pet, libel, injuries on a rental property, or even false arrest by a police officer.

Geico umbrella insurance offers generous coverage at a relatively low cost. You can get a personalized quote at (866) 272-5192 or on the Geico website.

Yes, Geico's military insurance discounts offer savings on coverage for members of the military community. Geico also has a dedicated military customer service team, staffed with veterans from all military branches who are available to answer questions 24/7 at 1-800-MILITARY (645-4827).

Active duty, reserve, retired military, and National Guard customers can get savings of 2% to 15% off Geico's regular car insurance premiums in all states except Georgia, Indiana, Maine, Massachusetts, Michigan, Mississippi, New Jersey, New Mexico, Tennessee and Texas. In these states, military insurance discounts are limited or prohibited.

Geico also offers affiliation discounts of up to 25% off its regular premiums for members of the Association of the United States Army, the Fleet Reserve Association, and the Armed Forces Benefit Association.

If you are active duty military and deployed to an “imminent danger pay” zone, your policy can be up to 25% cheaper under Geico's emergency deployment discount program.

Wherever you are deployed, there are other ways to save if you leave your car in the U.S. in an approved, secure location, such as on base. You may be eligible for up to 70% off your full coverage premiums. For example, Geico may be able to suspend your liability and personal injury protection coverage and leave only property damage insurance — collision and comprehensive — on the car. Leasing and financing companies normally require at least property damage coverage, even if you aren't using the vehicle. However, without liability coverage, no one can legally drive the car during this period – neither your family nor you, if you come home on leave.

Finally, if you are deployed for 30 days or more, Geico may be able to suspend all of your car insurance. This does leave you open to losses if your car is damaged for any reason. However, it is better than cancelling your policy, because you will not have to turn in your tags and then re-register and re-insure the car when you return.

Geico Military Benefits:

• Military premium discount of 2% - 15% in most states
• Affiliation discounts for members of military organizations
• Special deployment perks, such as savings for safe vehicle storage
• Dedicated customer service line - 1-800-MILITARY (645-4827)

Yes, Geico does offer free towing for customers who have the company's roadside assistance coverage. Geico roadside assistance generally costs $14 per vehicle per year and includes towing services to the nearest repair facility. Geico customers can request roadside assistance online, or they can call 1 (800) 424-3426.

What Geico Roadside Assistance Covers

• Towing services to the nearest repair facility
• Battery jump starts
• Tire changes
• Up to one hour of lockout services
• Winching
• Fuel delivery

While Geico's roadside assistance covers towing and other services, it doesn't cover the cost of repair parts, replacement keys, or major fixes due to things like engine failure or structural damage.

Yes, Geico offers accident forgiveness in 47 states and the District of Columbia, with the exceptions being California, Connecticut, and Massachusetts. Geico accident forgiveness protects you from increases to your car insurance premium after your first at-fault accident. The accident forgiveness feature may only be used once. How much your premium would rise without accident forgiveness depends on your state, driving record and claim payment amount. The increase could range from 2% to 50%, or even more for a bodily injury claim.

How to Get Geico Accident Forgiveness

There are two ways to get Geico accident forgiveness. The first is to earn it as a free upgrade to your Geico car insurance policy. Policyholders who are 21 years of age or older can earn the upgrade by being accident-free for at least five years.

The second way to get Geico accident forgiveness is to purchase accident forgiveness as a supplemental coverage option. To purchase this protection, policyholders must meet minimum driving-record requirements. However, Geico does not specify what these minimum requirements are on its website, as the rules and coverage terms vary by state.

To get a Geico quote online, simply visit Geico's website. You'll be able to get quotes for 26 kinds of Geico insurance, including auto, property, life, travel, pet, and business insurance.

How to Get a Geico Online Quote

1. Go to www.Geico.com
2. Click the button for the insurance type you want
3. Click “Start Quote”
4. Answer the questions
5. Wait for your emailed quote

More Information About How to Get a Geico Online Quote

If you want to get a Geico auto insurance quote online, look for the car symbol at the top of the page, enter your zip code in the box next to it, and click the button labeled “Start Quote.”

You'll be asked a series of questions, starting with “How can Geico help you today?” Then, you'll fill in information about yourself, including your age, education, occupation, and any driving violations or accidents in your recent past. You'll also answer questions about your car, its usage and mileage, and your current insurance, if any. Finally, you will note any other members of your household that need to be on your policy.

Give Geico your email address and you'll get a quote back from them in about 15 minutes. They will base the quote on your state's minimum coverages and the information you provide. You will also have the option of going to a “build your own quote” tab if you want to see how changing coverage and deductibles in this baseline policy would affect your premiums.

If you have problems with Geico's online quote system, or you'd prefer to speak with a representative, you can also get a quote through a local Geico agent or by calling (800) 207-7847. Plus, Geico auto insurance customers can get personalized quotes for other types of insurance through the Geico app.

Completing a Geico defensive driving course qualifies drivers for a discount of up to 5% or 10% on their Geico car insurance premium. Geico-approved online defensive driving courses cost $14.95 to $24.95, depending on the provider and your state of residence.

Why a Geico Defensive Driving Course Is a Good Idea

In general, Geico defensive driving courses improve students' driving skills by teaching them how to react effectively in hazardous situations. Main topics include how to drive in bad weather and on wet or icy roads, how to correct course if you lose control, how to veer off the roadway safely, and how to react if something crosses into your lane suddenly. Courses also cover the dangers of road rage, speeding, aggressive driving and driving under the influence.

Geico's defensive-driving course discount is available in most (but not all) states, and rules and qualifications vary. Geico has a convenient directory to help you learn more about the defensive driving requirements in your state.

Geico Defensive Driving Discounts in Major States

• California – up to 5%
• Texas – up to 10%
• Florida – up to 10%
• New York – up to 10%
• Illinois – up to 10%
• Pennsylvania – up to 10%
• Georgia – up to 10%
• New Jersey – up to 5%

If you already have a course in mind, check with Geico to see if that course will qualify you for the discount. You can also find an approved Geico defensive driving course, and learn how to sign up, through the National Safety Council or the American Safety Council. Many states offer the option of taking the course online rather than in a classroom.