Geico discounts are offers that can save Geico car insurance customers up to 40%, or even more when discounts are combined. Geico's 16 discounts for car insurance customers range from discounts for students and the military to discounts for good drivers and cars with airbags. Geico discounts are divided into five main groups, based on a driver’s: affiliations, education, driving history, vehicle equipment and customer loyalty. While eligibility criteria and availability may vary by state, the discounts are generally available to most Geico customers.
Geico Affiliation Discounts
Geico provides discounts for people who are members of specific groups. This includes military personnel, federal employees and members of special organizations Geico partners with.
Military Discount: Discounts of up to 15% on the total car insurance premium are available for military personnel who are on active duty, retired from the military, or are a member of the National Guard or Reserves.
Emergency Deployment Discount: Geico offers up to 25% in discounts on car insurance for those who are part of an emergency deployment to an imminent danger zone.
Federal Employee Discount: Up to 8% in discounts is available for federal employees through Geico’s eagle discount program. The eagle discount is available for both retired and current federal employees, although some eligibility criteria, which vary by state, may apply.
Partnered Organizations Discount: Savings offered to partner organizations vary for each organization and also vary by state. There are more than 500 groups and organizations that have partnered up with Geico to provide auto insurance savings for their members. These groups include alumni associations, professional organizations, fraternities and sororities and many more.
Geico Driver’s Ed Discounts
Drivers who invest in safety training or educational courses can benefit from savings on their car insurance. Additionally, young drivers who maintain good grades are also eligible for discounts. This is because insurance companies, including Geico, generally assess these drivers as being lower risk.
Driver’s Education Course Discount: Young drivers who complete a driver’s education course may be eligible for various amounts in savings on most coverages.
Defensive Driving Course Discount: Geico offers various discounts for drivers who have participated in defensive driving courses, as these drivers are considered to be more aware of potential risks involved with being on the road.
Good Student Discount: Qualifying student could save up to 15% or more on car insurance. Full-time students between the ages of 16 and 24 who are able to maintain a B average or higher are eligible for savings, and these eligibility criteria apply to most states.
Geico Driving History Discounts
Geico offers potential savings for customers who have clean driving histories, as these customers are usually considered to be lower risk drivers. The savings currently offered pertain to drivers who regularly use their seat belts, as well as for drivers who have not been in an accident during the last five years or longer.
Seat Belt Use Discount: Geico offers up to 15% off of medical payment or personal injury protection coverage, if you and your passengers always wear your seatbelts.
Five-Year-Accident-Free Discount: Drivers who have been accident-free for five years or more are eligible for up to 26% savings on most coverage options. This is because drivers with a safe history are not considered high-risk.
Geico Vehicle Equipment Discounts
Cars that are equipped with systems or features that can reduce risk of needing to file a claim are eligible for special discounts. Air bags and anti-lock brakes are some of the features included in the discount offers. Geico also offers discounts for new cars.
New Vehicle Discount: New cars are eligible for insurance discounts. Geico offers up to a 15% discount on certain coverages for cars that are 3 model years old or newer.
Daytime Running Lights Discount: Geico offers a 1% discount on certain coverage options for cars that have daytime running lights. As these make it easier for other drivers on the road to notice you, cars that are equipped with them are considered safer.
Anti-Theft System Discount: Cars that have a built in anti-theft system that prevents them from starting if someone attempts to start the engine without a key, can earn up to 25% on comprehensive car insurance coverage with Geico.
Anti-Lock Brakes Discount: A 5% discount on the collision portion of insurance coverage is available for drivers whose cars have anti-lock brakes. Anti-lock brakes are an important safety feature that prevents a car’s brakes from locking up the wheels.
Air Bag Discount: Cars that have driver-side air bags can earn up to 25% in savings, and cars that have full-frontal air bags can save up to 40% on medical payment and personal injury insurance.
Geico Customer Loyalty Discounts
Geico offers savings for customers who display loyalty to the insurance company. This means that individuals who insure more than one vehicle, or obtain more than one type of policy are given special discounts.
Multi-Policy Discount: Drivers who insure their car with Geico, but also have homeowners, condo, rental or mobile home insurance with the company can get a discount on their auto insurance policy. The amount these drivers could potential save varies depending on their policy selection, state of residence and other factors.
Multi-Vehicle Discount: If you own more than one car, insuring them all with Geico could get you a savings discount of up to 25%. This discount typically applies to most coverage options and is available in most states.