HomeAuto InsuranceGeico vs Allstate: Which Has Better Car Insurance?

Geico vs Allstate: Which Has Better Car Insurance?

You have likely heard of Geico and Allstate if you are looking for car insurance. However, if you were to directly compare Geico and Allstate, which insurance company would be most suitable for your needs?

In this post, we provide a side-by-side comparison of Geico and Allstate based on our research and evaluation of the top auto insurance providers in the country. 

The details of each provider’s pricing, client experience, and available coverage choices are shown below. We will assist you in selecting the insurance provider for your subsequent vehicle coverage, if any.

Pros and cons of Allstate

Pros:

  • In a poll, the majority of policyholders admitted that their customer service is adequate
  • According to the client’s comments, opening a new insurance is super simple

Con:

  • The average yearly rate exceeds the national average.

Geico Benefits and Drawbacks

Pros:

  • The sample yearly rate is among the lowest in our ranking and significantly lower than the national average.
  • Provides a large range of discounts

Con:

  • The average premium for DUI drivers is higher than the majority of other insurers in our ranking

Read: Top 10 Car Insurance Companies in the U.S.

Geico vs. Allstate Highlights

The third and fourth-biggest insurance companies in the nation are Geico and Allstate, respectively. The National Association of Insurance Commissioners (NAIC) reports that Allstate wrote over $29 billion in direct premiums in 2022, compared to over $38 billion written by Geico. 

Since both businesses have high ratings and are present in all 50 states, most drivers are likely aware of one or both of them. Each of these companies, however, has advantages and disadvantages for various drivers.

The accompanying graphic provides some important comparisons to get you started, but we will go into the specifics of each company’s differences with Geico and Allstate throughout the post.

GEICOALLSTATE
Overall Rating4.54.4
Reliability4.94.8
Availability50 states50 states
Coverage4.24.6
Cost4.23.8
Customer Service4.34.2
AM Best Financial Strength RatingA++A+
Score from the 2023 J.D. Power Claims Satisfaction StudySM871/1000882/1000 
Mobile App Google Play Rating4.63.8

Throughout our investigation and evaluation process, Geico and Allstate mostly received identical scores; however, Geico received a significantly better score in our cost category than Allstate. 

Geico may be the better option between the two if you are searching for reasonably priced insurance because Allstate’s prices are frequently higher than many other top insurance providers. 

However, Allstate outperforms Geico in our coverage region since it offers several car coverages that Geico does not, including trip interruption and GAP insurance.

Read: How Does GAP Insurance Work?

Geico vs. Allstate Auto Insurance: Coverage Comparison

Allstate and Geico provide every common type of insurance you can think of. These consist of:

  • Bodily Injuries Liability Coverage
  • Property Damage Liability Coverage
  • Collisions and comprehensive coverage
  • Full coverage auto insurance
  • Medical Payments (MedPay)
  • Personal Injury Protection (PIP)
  • Uninsured and underinsured motorist coverage

Each provider also provides a range of specialized coverages and add-ons in addition to these coverage types:

Insurance CoverageGeicoAllstate
Use-Based Protection
GAP Protection
Coverage for Ridesharing
Forgiveness for Accidents
Roadside Assistance
Coverage for Mechanical Breakdown
Insurance for Homeowners
Renters’ Insurance
RV Coverage
Boat Liability Protection
Insurance for Motorcycles
Life Insurance
Umbrella Liability Protection

We appreciate that umbrella coverage, which offers additional liability protection above and beyond the limitations of your auto insurance policy, is offered by both carriers. In addition, both providers include roadside assistance and rental car coverage, which helps you pay for a rental vehicle if an accident renders your covered vehicle unusable. 

If you work for a ridesharing company like Uber or Lyft, Allstate provides coverage. The way that GEICO’s mechanical breakdown insurance operates is a lot like an extended automobile warranty.

Allstate vs. GEICO Auto Insurance Discounts

DiscountAllstateGeico
Anti-lock Brakes10%5%
Anti-Theft10%25%
Defensive driver10%
Driving Device/App20%
Daytime Running Lights2%1%
Claim free35%26%
Remote student35%
Driver’s Ed10%
National Employee8%
Full Payment10%
Good student20%15%
Green vehicle10%
Army15%
Multiple Policies10%10%
Numerous Vehicles25%
Fresher Vehicle30%
Disaster Deployment25%
On-Time Payment5%
Paperless Documents10%
Paperless/Auto Billing5%
Auto Recovery10%25%
Safe Driver45%15%
Seat Belt Use15%
Passive Restraint30%40%
Senior Driver10%
Auto Recovery10%25%
Utility Vehicle15%
Electronic Stability Control2%

 Allstate has 24 overall discounts when compared to Geico’s 14 discounts.

There are reasonable Allstate vs. Geico car insurance prices accessible despite the fact that Geico offers lower rates due to Allstate’s competitive discounts. By driving safely, not filing a claim, owning a newer car, having airbags, and attending school remotely, you may save anywhere from 30% to 45% on your Allstate insurance.

By taking part in the teenSMART program offered by Allstate, young drivers may save as much as 45%.

The biggest savings offered by Geico (all 25%) go to clients who have numerous vehicles, an anti-theft system, or both. Furthermore, Geico customers who enlist in the military and experience an emergency deployment will receive a 25% cost reduction on their vehicle insurance.

Make sure you get in touch with each provider to find out about all of the savings on car insurance for which you may qualify.

Read: How Do Insurance Companies Find About DUI

Which is more affordable based on age: Geico or Allstate car insurance?

Do you not think that with age comes experience?

This belief is shared by vehicle insurance providers, particularly when setting your premiums. They contend that the reason juvenile vehicle insurance is the most expensive is because the more years of driving experience we have, the more cautious and safe we are behind the wheel.

Allstate vs. GEICO Average Monthly Auto Insurance Rates by Age

Age, Gender, and Status of MarriageMonthly Average Auto Insurance Rates for AllstateGeico Average Monthly Rates for Auto Insurance
17-year-old female single$774$471
Single 17-year-old male$887$523
Single 25-year-old female$285$198
Married 35-year-old female$263$192
Male, 25, and single$298$189
Married 35-year-old male$260$193
Married 60-year-old male$249$190
Married 60-year-old female$243$187

For drivers 25 years of age and older, Geico offers vehicle insurance at a 28% lower cost than Allstate.

Geico is unquestionably a better option if you have a teenage driver on your coverage because it is 40% less expensive than Allstate.

Based on driving history, which is more affordable: Geico or Allstate vehicle insurance?

It is crucial to keep in mind that rates for Allstate and Geico auto insurance will go up if you receive a speeding ticket, are involved in an accident, or are found guilty of driving under the influence.

Allstate vs. GEICO Average Monthly Auto Insurance Rates by Driving Record

Driving Record SummaryAllstate Average Monthly Car Insurance RatesGeico Average Monthly Car Insurance Rates
Clean Driving Record$318$179
With One Speeding Violation$374$220
With One Accident$416$266
With One DUI$522$406

In general, drivers with any kind of driving history may get lower vehicle insurance prices from Geico than from Allstate.

On the other hand, Geico treats its clients more harshly if they receive a speeding ticket, are involved in an accident, or are found guilty of DUI. 

In the event that you require car insurance after an accident as a Geico customer, your premiums are likely to rise by about 50%. Those with a DUI will pay almost twice as much for auto insurance.

Compared to Geico, Allstate’s premium increases from the range of 17% to 64%, and will be less if you have a clean driving record.

In terms of financial stability and customer satisfaction, how do Allstate and Geico car insurance compare?

Customers should have the right to assess car insurance firms if these companies are allowed to judge their clients based on factors like credit score, marital status, and gender. 

The leading organizations that assess the dependability and financial health of all vehicle insurance providers have rated Allstate and Geico, and their ratings are shown below.

Companies are rated by A.M. Best according to how well they can fulfill their continuous insurance duties, such as paying claims and collecting payments. Superior A++ is the highest grade awarded by A.M. Best.

Consumer Reports gathers annual statistics from its members on how satisfied customers are with the comprehensive claims processes offered by Allstate and Geico. 27 insurance firms received ratings in its 2017 assessment, with scores ranging from 86 to 96.

Based on the overall number of clients and the total number of complaints, the National Association of Insurance Commissioners (NAIC) determined a complaint ratio. The average complaint ratio across the country in 2017 was 1. The ideal ratio is a figure lower than 1.

Here’s GEICO vs. Allstate Company Ratings

AgenciesAllstate RatingsGeico Ratings
AM BestA+ (Excellent)A++ (Superior)
Consumer Reports8889
NAIC Complaint Ratio0.50.68
NAIC Total Complaints163333

As far as external ratings from consumer, financial, and government institutions are concerned, Allstate and Geico are in the lead compared to other insurance providers. 

It is anticipated that the customer service provided by Allstate and Geico will be satisfactory, and both companies will remain financially stable.

Geico vs. Allstate: Bundling Options

Bundling savings are available from Allstate and Geico if you purchase extra insurance products in addition to your auto insurance policy. 

Given their status as significant carriers, Allstate and Geico provide comprehensive portfolios of various types of coverage, such as:

  • Coverage for homeowners
  • Renters coverage
  • Life assurance
  • Umbrella coverage

Read: Different Types of Car Insurance for Accidents

Chinwe Gladys
Chinwe Gladys
Chinwe is a car insurance writer focused on providing a clear roadmap for prospective drivers to select the coverage options that's best for them.
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