Geico Vs. Allstate: Cost And Coverage Guide (2024) (2024)

Written by:

Dash Lewis, Writer

Written by: Dash Lewis Content Writer

02/02/2024 09:18 PM

Key Points:

• Geico’s full coverage costs an average of $1,572 per year, which is around 38 percent cheaper than Allstate’s full coverage rate of $2,520 per year.
• Allstate offers more flexible roadside assistance packages than Geico, but both companies charge a fee for the service, either monthly, annually, or per-use.
• Allstate has higher customer satisfaction survey scores, but Geico has fewer customer complaints on its Better Business Bureau profile.

If you’re shopping for car insurance, you probably have heard of Geico and Allstate. But when comparing Geico vs. Allstate directly, which provider is better for your needs?

Our team has researched and reviewed the best car insurance companies in the nation, and in this article, we offer a side-by-side comparison of Geico vs. Allstate. Below, you’ll find information on coverage options, customer experience, and cost from each provider. We’ll help you choose which company, if either, you should go with for your next car insurance policy.

Geico vs. Allstate Highlights

Geico and Allstate are the country’s third and fourth-largest insurance providers, respectively. According to the National Association of Insurance Commissioners (NAIC), Geico wrote over $38 billion in direct premiums in 2022, while Allstate wrote over $29 billion. High ratings from AM Best indicate each company is dependable, and each operates in all 50 U.S. states, meaning most drivers have heard of one or both companies. However, each company has benefits and drawbacks for different drivers.

We’ll break down the differences between Geico and Allstate throughout this article, but you can start with some key comparisons in the following chart.

For the most part, Geico and Allstate scored similarly in our research and ratings process, though Geico’s score in our cost category is much higher than Allstate’s. Allstate’s rates are often higher than many leading insurance companies, meaning Geico might be the best choice of the two if you’re looking for affordable coverage. However, Allstate has a higher score in our coverage category because it offers some vehicle coverages that Geico doesn’t, including GAP insurance and trip interruption coverage.

Geico Vs. Allstate Car Insurance: Coverage Comparison

Both Geico and Allstate offer all of the standard types of insurance. These include:

• Bodily injury liability (BI)
• Property damage liability (PD)
• Collision coverage
• Comprehensive car insurance
• Medical payments (MedPay)
• Personal injury protection (PIP)
• Uninsured/underinsured motorist (UM/UIM)

Aside from these types of coverage, each company offers a variety of specialty coverages and add-ons:

Geico vs. Allstate Car Insurance: Roadside Assistance

Like most major providers in the insurance industry, Geico and Allstate offer roadside assistance plans. Geico’s roadside assistance is relatively standard and comes with a monthly rate for the service.

On the other hand, Allstate offers a plan that requires no monthly fee but makes you pay for each use. You also have the option to purchase a higher level of roadside assistance when you’re covered by Allstate. For drivers not covered by Allstate, roadside assistance is available for annual purchase.

Rates and coverage details may change, so visit the Geico and Allstate websites for the most up-to-date information about roadside assistance packages. Right now, here’s what you can expect from each company in terms of coverage:

Looking at Geico vs. Allstate, you can see that Allstate offers more roadside assistance options. However, you’ll need to decide if paying for each service individually is worth it.

Geico Vs. Allstate Car Insurance: Cost And Discounts

When it comes to Geico vs. Allstate, Geico is the more affordable provider for most drivers. A full-coverage auto insurance policy from Geico is around 38 percent cheaper than Allstate, while minimum coverage from Geico is 37 percent cheaper than Allstate. Geico is also over 20 percent cheaper than the national average of $1,968 across all providers for full coverage.

For young drivers, full coverage auto insurance rates from Geico can be about half the average rates for similar coverage from Allstate. See how quotes from each company compare below:

The full coverage and liability quotes above were for a 30-year-old, unmarried male driver with good credit, a clean driving record, and a 2020 Honda CR-V. If you’re looking for the most affordable car insurance coverage, remember that many elements determine what you’ll ultimately pay. When you get a quote from an insurance company like Geico or Allstate, these are some of the factors that come into play:

• Policy option/deductible: Minimum coverage and full coverage come at different rates. In addition, your deductible amount affects your premium price. A higher deductible usually means a lower rate, and vice versa.
• Location: Premiums vary by state, but your local area also factors into the equation. If you reside in an urban area, you might pay more than a driver living in the middle of the country.
• Driving history: If you drive safely and have an accident-free driving record, you’ll get a far lower rate than if you had a speeding ticket, accident, or DUI on file.
• Vehicle: Your car make and model plays a role in how much you’ll spend. Some have expensive parts, and others are just costly to replace. Before you buy a vehicle, it helps to get the quote up front so you can determine how expensive it’ll be to insure.
• Credit score: In all states except California, Hawaii, Massachusetts, and Michigan, your credit history is used to determine how reliable you are. Avoiding poor credit can save you more on insurance.
• Age: Young drivers usually have a higher insurance premium due to increased risk. Teen drivers don’t have as much experience and, therefore, cause more accidents. Learn more about the best car insurance for teens.

With this information in mind, we encourage you to reach out to both Geico and Allstate for quotes. In our experience, we’ve found that Geico offers lower car insurance rates overall. However, every driver’s quote is different, so if you qualify for several discounts through Allstate, that might be your best bet.

When comparing quotes, keep in mind a few ways to save on your car insurance premiums:

Geico Vs. Allstate Car Insurance: Discounts

Both auto insurance companies have several discounts available–like bundling home insurance and auto insurance–so you’ll have to decide which company offers the most beneficial discounts for you.

See a direct comparison of each company’s key insurance discounts below:

Geico Vs. Allstate Insurance: Customer Reviews And Ratings

A provider’s coverage and rates are important to consider when shopping for auto insurance, but so is its customer experience. Just because Geico and Allstate are two of the largest insurance companies in the country doesn’t mean customers are always satisfied with the service they receive.

Let’s take a look at each company’s industry reputation to better understand customer satisfaction:

*J.D. Power statistics are from the 2023 U.S. Insurance Shopping Study and the 2023 U.S. Auto Claims Satisfaction Study℠.

Allstate has had far more complaints in the last year than Geico, despite being a somewhat smaller company. This means a higher percentage of customers took issue with Allstate’s coverage, claims process, policy rates, and other aspects of working with the company.

However, Allstate outperformed Geico in the J.D. Power Claims Satisfaction Study. This tells us that more Allstate customers were satisfied with their claims process than Geico customers.

Allstate vs. Geico Insurance: Customer Experiences

To evaluate each provider’s customer experience, we analyzed real policyholders’ reviews on websites like Trustpilot and the BBB. Reviews for Geico and Allstate are mixed online, which is common for insurance companies.

Positive Geico reviews mention strong communication and affordability, while negative ones cite coverage issues when filing a claim. As for Allstate, happy customers praise the provider’s ease of use, while negative comments discuss a lengthy repair and claims process.

Geico and Allstate both have mobile apps and mobile-friendly websites. You can use the apps to manage your policy, pay premiums, access ID cards, call for roadside assistance, and submit claims. Aside from those options, each app provides some extra benefits.

Geico Mobile App

The Geico app has a 4.6 out of 5.0-star rating on Google Play and a 4.8 on the App Store, which are high scores compared to many leading insurance company apps. Here are a few of the extra perks you can find:

• Voice assistance: Use the tools with your Google Home, Google Assistant, or Alexa device.
• Find a ride: Hire a Lyft driver from your app.
• Vehicle care: Receive reminders about your vehicle’s service needs.

Allstate Mobile App

While the Allstate app also has a 4.8 on the App Store, it doesn’t have as many positive reviews through Google Play–there, it has 3.8 out of 5.0-star rating with more than 106,000 reviews.

Here’s what we like about the app:

• Drivewise: This safe driving program can get you a discount based on your driving habits.
• Roadside Assistance: Receive help by reaching out through the app.
• File a claim: If you experience an accident, simply use your smartphone to take pictures and file claims quickly.
• Save on gas: The app uses GasBuddy^® to help you locate the cheapest gas near you.

Geico Vs. Allstate: Our Take

Geico and Allstate both have a lot to offer in terms of comprehensive coverage selection and available coverage discounts. However, our team prefers Geico auto insurance over Allstate for the company’s low policy rates and positive customer reviews.

However, we believe that getting quotes from both companies and other providers is the best practice. When you get quotes make sure to compare terms and rates carefully before making a decision. To start looking for car insurance quotes, you can use the tool below.

Other Recommended Car Insurance Companies

In our own research of insurance companies, we found USAA and State Farm both performed highly in our industry review. We also recommend shopping around to find the best price. To start comparing car insurance quotes and find the cheapest car insurance for you, use the tool below:

USAA: Best For Military Members

Our team rates USAA 4.5 out of 5.0 stars for its great coverage, low pricing, and reputation. Military members, veterans, and their family members are eligible for USAA auto insurance. The company continuously receives high customer satisfaction ratings–it came in at the top of the two J.D. Power studies discussed above–and there are a high number of discount offerings.

Read more in our complete USAA auto insurance review.

State Farm: Best Overall Provider

We gave State Farm 4.7 out of 5.0 stars. State Farm is the largest car insurance provider in the country and performs highly in many industry leader reviews. If you’re a teen driver, you’ll find great discounts with State Farm, but the company also offers great rates for drivers with clean driving and credit histories.

Learn more about coverage in our full State Farm auto insurance review.

Geico Vs. Allstate Auto Insurance: FAQ

Below are some frequently asked questions about Geico vs. Allstate coverage options:

How We Rate Auto Insurers

Our review team extensively researches auto insurance providers to deliver informed and unbiased assessments of leading companies. We evaluate several key rating factors that are important to consumers to determine which providers are the best in the industry:

• Reliability: It’s important that an auto insurer is able to meet its claims obligations. Companies with a strong financial strength rating from AM Best score best in this category. Established insurers with a long history of reliable service also receive positive marks.
• Availability: Insurance companies that offer wider availability to consumers in terms of state availability and few eligibility requirements are more likely to meet consumer needs.
• Coverage: To determine our coverage score, we look at the number of coverage options available as well as coverage limits and deductible options. Our ratings also take into account additional services and benefits like roadside assistance.
• Pricing: Cost can be difficult to compare between insurers because so many factors impact annual premiums. The cheapest insurer for one driver may not be the cheapest for another. To determine our cost score, we look at insurance rate estimates generated by Quadrant Information Services, discount opportunities, and consumer reports.
• Service: We comb through customer reviews on sites like the Better Business Bureau (BBB) to learn about customer experiences. Insurers with a low volume of complaints score well in this area. We also consider the claims process, giving higher ratings to car insurance providers that offer a smooth experience.
• Technology: Providers with an online quote tool, easy-to-use claims app and a usage-based insurance app score best in this category.

*Data accurate at time of publication.

Dash Lewis Content Writer