Geico vs Liberty Mutual

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damircudic/Getty Images May 03, 2022 Mary Van Keuren has written for insurance domains such as Bankrate, Coverage.com, and The Simple Dollar for the past five years, specializing in home and auto insurance. She has also written extensively for consumer websites including Reviews.com and Slumber Yard. Prior to that, she worked as a writer in academia for several decades. Angelica Leicht is an insurance editor on the Bankrate team. She is truly passionate about helping readers make well-informed decisions for their wallets, whether the goal is to find the right comprehensive auto policy or the best life insurance policy for their needs. Bankrate logo

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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. and are two of the most prominent insurers in the U.S. Geico has been , and was acquired by financial guru Warren Buffet in 1996. The famous gecko mascot came online in 1999. Geico policies are underwritten by a variety of companies, such as Maryland Automobile Insurance fund, and it is the second largest auto insurance company in America, with . Compare rates and save on auto insurance today! Get quotes Close X RatesRates keep going up in 2022. Compare rates and save on auto insurance today! Get quotes Close X This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

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Answer a few questions to see personalized rates from top carriers. Save on auto insurance with quotes from trusted providers like: Drivers switch & save an average of $750+/year Arrow Right Are you overpaying for auto insurance? Arrow Right Safe drivers choose Allstate Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. See more providers in Choose from insurers in Show More RATE INCREASE ALERT

Rates increased up to 12% this year

Shop for a better rate before you renew your current policy. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

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Geico vs Liberty Mutual car insurance rates comparison

In a Geico vs Liberty Mutual comparison, Geico excels in several categories, including financial strength, as determined by AM Best, and customer satisfaction, as is seen in J.D. Power’s rankings. According to average rate data from Quadrant Information Services, Geico’s average annual premiums for minimum and full coverage (which includes collision and comprehensive) are reasonable, while Liberty Mutual does not make this information public. To provide you with a thorough overview of each company, Bankrate’s editorial team took these factors into account, as well as each carrier’s policy features, discounts and accessibility, and issued each company a Bankrate Score with a maximum score of 5. The higher a carrier scored in each of these categories, the higher its overall Bankrate Score. Car insurance company Bankrate Score AM Best Average annual premium for minimum coverage Average annual premium for full coverage Geico 4.7 A++ 881/1,000 $365 $1,297 Liberty Mutual 3.9 A 876/1,000 N/A N/A

Rates by credit score

Your own rates for auto insurance may be determined in part by your credit scores. The better your credit ranking, the lower your premium typically. When looking at Geico vs Liberty Mutual, Geico’s average rates, as determined by Quadrant Information Services, are generally lower than the national average. Liberty Mutual does not make its rates public, but it can be assumed that the worse your credit is, the higher your rate will be – on trend with national rates. A few states prohibit the use of credit scores to determine premium rates, including California, Hawaii, Michigan and Massachusetts. Washington is still determining it’s position on the use of credit scores and new legislation is expected soon. Car insurance company Poor Average Good Excellent National average $3,002 $1,907 $1,771 $1,556 Geico $1,791 $1,379 $1,297 $1,207

Rates by marital status and adding a young driver

Your car insurance rates can be impacted by certain life events. For example, married couples typically have cheaper car insurance rates compared to single people. On the other hand, rates can go up significantly when adding a young driver to a parent’s policy. Because young drivers lack driving experience, insurance carriers consider these drivers to be more risky than older and more experienced drivers. Liberty Mutual’s average rates for adding a young driver to a policy are not available. However, Geico’s rates for single, married and young drivers on their parents’ policy are all cheaper than the national average. Car insurance company Single Married Married with * National Average $1,771 $1,668 $3,852 Geico $1,297 $1,392 $2,973

Rates by driving record

Maintaining a clean driving record may be one of the best ways to save on car insurance. However, it may still be possible to find affordable car insurance, even if you have a speeding ticket or at-fault accident. For example, Geico’s average rates for full coverage car insurance are cheaper than the national average for both drivers who have speeding tickets on their records and drivers who have at-fault accidents on their records. For drivers with DUI convictions, Geico’s average annual rates for full coverage is also cheaper than the national average. The average rates from Liberty Mutual are not available. Requesting a quote from numerous insurers may be the best way to learn what your premium might be. Car insurance company Clean driving record Speeding ticket Accident DUI conviction National average $1,771 $2,138 $2,521 $3,421 Geico $1,297 $1,586 $1,900 $3,196

Geico vs Liberty Mutual discounts

In determining the benefits of Liberty Mutual vs Geico, it pays to look at the . Both Geico and Liberty Mutual have a generous assortment of discounts: Geico offers 16 standard discounts, while Liberty Mutual has 17. Discounts may be your best option for reducing your premium rates, and it is worth looking at the savings they offer. Geico Anti-theft system — Geico offers a potential 23% savings if you have an anti-theft system on your car. Federal employee — If you are a current or retired federal employee, you may qualify for the Eagle Discount of up to 12% on your total auto insurance premium. Membership and employee discounts — Geico gives a discount to members of more than , which range from alumni associations to professional organizations. Liberty Mutual Good student discount — If you are a student and have a GPA of B or higher, you may be able to get a discount. There is also a potential discount if you are away at school and only drive occasionally. Alternative energy — If your car is electric or a hybrid, Liberty Mutual may reward you with a discount. Accident free — If you are accident free and/or violation free, you may earn some savings on your premium rate. RightTrack — if you agree to use an app that monitors your driving in real time you may be able to save up to 30% for being a safe driver.

Geico vs Liberty Mutual online and mobile experience comparison

In determining which insurer is the best – Liberty Mutual vs Geico – one factor to consider is the mobile apps that each company has. These apps can help you manage your insurance business easily, no matter where you are, and more. Geico (4.8 stars) — Geico’s app for Apple users is comprehensive: it includes the ability to access digital ID cards, pay your bills, find roadside assistance and more. Geico Explore offers augmented reality to help you to find gas stations or even your own car. (4.7 stars) — This comprehensive app allows you to manage digital ID cards, pay your bill, find roadside assistance and submit and manage claims. You can also manage your vehicle’s care needs, with maintenance reminders and Geico Explore augmented reality to customize your experience. Liberty Mutual (4.8 stars) — Access your ID cards and policy documents, pay your bill, update information and electronically sign docs. You can also tap to call for emergency roadside assistance, file and manage claims and use a guided photo-taking experience to obtain a repair estimate easily and quickly. (4.7 stars) — Manage your insurance business on the go with Liberty Mutual’s app, which allows you to make changes to your coverage and file and manage claims. You can search for auto repair shops, schedule a damage review and request a rental vehicle. Once your claim is filed, you can view repair estimates, track repairs and more.

Frequently asked questions

Who has the best car insurance in 2021

There are a writing solid policies for car owners, and finding the best one for you means getting several quotes to see who offers you the best premium rates. A good place to start is Bankrate’s listing, which includes all the top-rated insurers who are writing policies today.

How can I save money on my car insurance

Your first step is to make sure you are applying all the discounts that you are entitled to. Every insurer has them, and it is just a matter of working with your agent to make sure they are considering all for which you are eligible. From there, you can review your policy’s deductible limits to see if any can be adjusted to help lower the premium.

How much does car insurance cost

The can be difficult to determine, as each driver has a unique profile that will impact their rates. However, there are a few places to start. While the national is $1,771 per year for full coverage, the average rate by state can vary as well. As such, it can be useful to weigh both the national and state averages for car insurance to get an idea of what you may pay for your policy. Each state also has its own for car insurance which must be met, which will further impact rates. If you finance your vehicle, your lender may also have its own requirements you must adhere to. Drivers can purchase higher limits and other coverage options as well, however, which is also calculated into the total cost of car insurance.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits: $100,000 bodily injury liability per person $300,000 bodily injury liability per accident $50,000 property damage liability per accident $100,000 uninsured motorist bodily injury per person $300,000 uninsured motorist bodily injury per accident $500 collision deductible $500 comprehensive deductible To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should only be used for comparative purposes. : Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit the use of credit-based insurance scores as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts, and Michigan. Washington’s ban on factoring credit in premiums is currently on hold in the courts. Status: Rates were evaluated based on the following marital/family status: single (base), married, 40 year married man and woman with a 16-year-old teen driver. Marital status is not a rating factor in HI and MI. : Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.

Bankrate Scores

Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support. To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from , , , , and Moody’s had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider. While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores. SHARE: Mary Van Keuren has written for insurance domains such as Bankrate, Coverage.com, and The Simple Dollar for the past five years, specializing in home and auto insurance. She has also written extensively for consumer websites including Reviews.com and Slumber Yard. Prior to that, she worked as a writer in academia for several decades. Angelica Leicht is an insurance editor on the Bankrate team. She is truly passionate about helping readers make well-informed decisions for their wallets, whether the goal is to find the right comprehensive auto policy or the best life insurance policy for their needs.

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Geico vs Liberty Mutual

Advertiser Disclosure

How We Make Money

On This Page

The Bankrate promise

The Bankrate promise

Editorial integrity

Key Principles

Editorial Independence

How we make money

Insurance Disclosure

Compare auto insurance rates

Rates increased up to 12% this year

Compare auto insurance rates

Geico vs Liberty Mutual car insurance rates comparison

Rates by credit score

Rates by marital status and adding a young driver

Rates by driving record

Geico vs Liberty Mutual discounts

Geico vs Liberty Mutual online and mobile experience comparison

Frequently asked questions

Who has the best car insurance in 2021

How can I save money on my car insurance

How much does car insurance cost

Methodology

Bankrate Scores

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