Geico Vs. Progressive Car Insurance 2024 (2024)

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Geico and Progressive are top car insurance companies with policies available nationwide. If you’re shopping for car insurance, you’ll most certainly want to check out Geico and Progressive to see if either is the best fit for your situation and budget.

We analyzed the rates, coverage features and discounts of Geico and Progressive to give you an overview of what each has going for—and against—it.

Which Is Better: Geico or Progressive?


Geico Vs. Progressive Car Insurance 2024 (1)


Geico Vs. Progressive Car Insurance 2024 (2)

Our ratings take into account a product's benefits and coverage levels. All ratings are determined solely by our editorial team.

Editor's Take

Geico had the “best rates overall” in our best car insurance companies ratings.

Geico ranks in the top tier of our ratings with a 5-star rating. The company’s strength lies mainly in its competitive rates for many driver types and its low level of complaints. On the other hand, Geico doesn’t offer as many coverage features as Progressive and other companies.

Pros & Cons

  • Terrific car insurance rates for good drivers and also those with a speeding ticket.
  • Superb rates for both young and senior drivers, who typically can be costly to insure.
  • Decent auto insurance prices for drivers with poor credit or were caught driving without insurance.
  • Offers SR-22 insurance for those who are required to file the form.
  • Has a low level of complaints about its auto insurance to state insurance departments.
  • Good drivers can try its usage-based insurance program (DriveEasy) to seek a reduction in rates based on safe driving habits.
  • Geico’s car insurance rates for adding a teen driver are only mediocre.
  • Drivers with DUIs might get high rates with Geico.
  • Doesn’t offer common coverage features such as gap insurance, new car replacement or a vanishing deductible.
  • If you need rideshare insurance you’ll need to look elsewhere.


Geico Vs. Progressive Car Insurance 2024 (5)


Geico Vs. Progressive Car Insurance 2024 (6)

Our ratings take into account a product's benefits and coverage levels. All ratings are determined solely by our editorial team.

Geico Vs. Progressive Car Insurance 2024 (7)

Compare Rates Geico Vs. Progressive Car Insurance 2024 (8)

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Editor's Take

Progressive received only 3.5 stars in our analysis. One of Progressive’s strengths is its very readable website. That’s vital if you’re trying to cut through insurance jargon and understand what a policy actually covers. However, a major weakness is Progressive’s car insurance rates, which are on the higher side for most driver types.

Pros & Cons

  • Relatively decent rates for drivers with a DUI.
  • Offers the SR-22 insurance.
  • Offers rideshare insurance coverage for drivers for Uber, Lyft and similar services.
  • Offers a usage-based insurance program called Snapshot. Drivers can sign up and try to snag savings by showing good driving skills.
  • Offers gap insurance, which is helpful to new car owners that may owe more on a car loan than their car is worth.
  • Complaints lodged against Progressive for car insurance are below the industry average.
  • Progressive’s average auto insurance rates tend to fall in the middle of the pack for most driver types compared to other large car insurance companies.
  • Car insurance rates for seniors, young drivers and teens are on the high side.
  • Progressive’s collision repair processes received a C grade from auto body shop professionals.
  • Does not offer new car replacement.

Geico vs. Progressive: Which Is Cheaper?

Geico’s average nationwide rates are cheaper than Progressive’s for nearly every type of driver.

Geico has cheaper car insurance for good drivers as well as those with a speeding ticket or accident. Geico is also the cheaper car insurance company for both young drivers and senior drivers.

Progressive’s bright spot is being cheaper for drivers with a DUI conviction on their driving records.

Type of driverWhich is cheaper?Geico’s average annual rateProgressive’s average annual rate
Good driversGeico$1,182$1,892
Drivers with a speeding ticketGeico$1,579$2,442
Drivers who caused an accident with injuryGeico$2,097$2,975
Drivers with a DUIProgressive$2,967$2,420
Young drivers ages 18-25Geico$1,783$3,612
Senior drivers age 65+Geico$1,197$1,940

Geico vs. Progressive Car Insurance: Coverage Comparison

Geico and Progressive offer all the standard coverages drivers look for in a car insurance policy, such as liability car insurance and collision and comprehensive coverage. But there are extra features and add-on coverages that can set one company apart. Progressive offers more of these extras to drivers when compared to Geico.

If you’re interested in having certain perks—such as saving on deductibles over time, having a new car replaced without depreciation if it’s totaled, or getting an SR-22—it’s essential to know which company offers what you need.

Coverage featureDoes Geico have it?Does Progressive have it?
Accident forgivenessYesYes
New car replacementNoNo
Vanishing deductibleNoYes
Usage-based insurance or pay-per-mile insuranceYesYes
Gap insuranceNoYes
Non-owners insuranceYesYes
SR-22 insuranceYesYes

Geico vs. Progressive Car Insurance: Which Has Fewer Complaints?

Geico and Progressive both have levels of complaints that are lower than the industry average, based on data from the National Association of Insurance Commissioners. Geico has a slightly lower complaint level than Progressive.

Car insurance complaints about Geico and Progressive are mainly concerning claims handling, including delays and unsatisfactory settlement offers.

Geico Vs. Progressive Car Insurance 2024 (9)

Geico vs. Progressive: Collision Repair

To assess how Geico and Progressive respond to claims, we reviewed grades from the CRASH Network. The CRASH Network surveys collision repair professionals who deal with insurance companies, so they have insight into the companies’ claims service and processes. They can see whose procedures impede the repair process and if anyone tries to cut corners.

In the 2022 survey, Progressive came in a bit better than Geico, but both are about average for collision repair.

Collision repair gradeC-C

Geico vs. Progressive: Car Insurance Discounts

Geico and Progressive both offer a variety of car insurance discounts to help reduce the cost you pay for insurance.

  • Geico offers more vehicle discounts, such as anti-theft and air bag, plus discounts for being part of the military or a federal government employee. Also, Geico lists over 500 groups, such as alumni associations and recreational associations, eligible for discounts on car insurance.
  • Progressive has a “sign online” discount that Geico doesn’t offer. Progressive offers separate automatic payments and paperless billing discounts. With Geico, they’re connected under the heading of an E-Banking discount, so you must enroll in both to get the discount.

Both Geico and Progressive offer usage-based insurance programs that monitor your driving behavior for a potential discount. You must sign up for these programs, and the discount isn’t guaranteed. Also, something to watch out for with Progressive’s Snapshot program is that your rates could go up if you don’t score well on your driving.

Discount GeicoProgressive
Multi-policy (bundling)YesYes
Good driverYesNo
Good studentYesYes
Student away at schoolYesYes
Air bagYesNo
New vehicleYesNo
Paid in fullYesYes
Automatic paymentsYesYes
Paperless billingYesYes
Sign onlineNoYes
Membership and employee groupsYesNo
Usage-based auto insurance programYesYes
Discounts availability and eligibility can vary by state

Summary: Geico vs. Progressive Auto Insurance

Geico and Progressive are both national car insurance companies that can fulfill many drivers’ needs, but when comparing head to head, Geico comes out on top if price is what matters most to you.

Geico stands out for its cheaper average auto insurance rates for a variety of driver types, while rates for Progressive are less competitive, on average, for most drivers. If add-on coverages and extra coverage features are important, Progressive has more to offer in that area.

Geico and Progressive have similar grades regarding their claims processes, and both have low levels of complaints. If you’re comparison shopping for car insurance, both companies are worth a look, but if cost is king, Geico will likely be the one wearing the crown.


We used rates from Quadrant Information Services, a provider of insurance data and analytics. Average rates, unless otherwise noted, are based on a female driver insuring a Toyota RAV4 with $100,000 in bodily injury liability coverage per person, $300,000 per accident and $100,000 in property damage liability, uninsured motorist coverage and any other coverage required in the state. The rate also includes collision and comprehensive with a $500 deductible.

Geico Vs. Progressive Car Insurance 2024 (2024)


Geico Vs. Progressive Car Insurance 2024? ›

Key Takeaways: Geico is best for you if you're simply looking for the cheapest option, as the provider has a cheaper average rate estimate in 82% of states across the U.S. Progressive is best for you if you're looking for more coverage options, add-ons and customizations.

Who is better, Geico or Progressive? ›

Geico is better than Progressive overall, per WalletHub's grading criteria. Geico beats Progressive in terms of cost and discounts offered, though the two companies are fairly evenly matched when it comes to the types of insurance available and customer reviews.

Will auto insurance rates go down in 2024? ›

Recent estimates indicate that auto insurance premiums will increase by 7% in 2024, which is nearly double the median annual increase. Annually, a full-coverage policy costs an average of $2,019 at the national level, which is equivalent to 2.6% of the median household income.

Why is my Geico insurance all of a sudden so much higher? ›

If you leave out information in the quoting process about accidents you've been in (even minor ones), your policy rate may be higher. If you forget to provide details about your significant others' driving history, such as speeding tickets, this may lead to a higher rate.

Is Geico the most expensive car insurance? ›

Geico is one of the most popular insurance companies in the country, and its average car insurance premiums are 24% cheaper than the national average.

Does Progressive raise rates after 6 months? ›

Your Progressive rates may increase after six months depending on a number of factors. Like other car insurance providers, Progressive will typically raise your rates if you receive a speeding ticket or moving violation, cause an accident or make comprehensive insurance claims.

What is the most trusted car insurance company? ›

8 best car insurance companies
  • Best auto insurance company overall: Travelers.
  • Best for your budget: American Family.
  • Best for accident forgiveness: Geico.
  • Best for having few customer complaints: NJM.
  • Best for financial strength: Auto-Owners.
  • Best for discounts: Amica.
  • Best for customer satisfaction: State Farm.
5 days ago

How do I lower my Geico rate? ›

4 Ways To Save On Car Insurance
  1. Install Safety and Security Devices.
  2. Dig for Discounts.
  3. Combine and Consolidate Policies.
  4. Opt for a Higher Deductible.

At what age do auto insurance premiums tend to drop? ›

Although most people believe that 25 is the age when car insurance rates go down, the most significant decreases occur when drivers turn 19 and 21. Rates continue to lower until you turn 30. After that, they tend to remain roughly the same.

How to lower insurance premium? ›

Here are some ways to save on car insurance1
  1. Increase your deductible.
  2. Check for discounts you qualify for.
  3. Compare auto insurance quotes.
  4. Maintain a good driving record.
  5. Participate in a safe driving program.
  6. Take a defensive driving course.
  7. Explore payment options.
  8. Improve your credit score.

Is Geico overcharging? ›

March 12 (Reuters) - Geico, the car insurer owned by Warren Buffett's Berkshire Hathaway (BRKa. N) , opens new tab, will not face class-action claims as it defends against a lawsuit alleging it overcharged policyholders early in the COVID-19 pandemic, a federal judge ruled on Tuesday.

Who has the least expensive car insurance? ›

USAA, Nationwide, Travelers, Erie, Geico and Progressive are the cheapest car insurance companies nationwide, according to our analysis.

Does credit score affect car insurance? ›

If you've ever applied for a credit card, leased a car or gotten a mortgage for a home, you know that credit scores count. You may be surprised to find out they can also affect your car insurance premiums much the same way your driving record, marital status and payment history can.

Who has better rates, Progressive or Geico? ›

Geico's rates are typically lower overall, but Progressive tends to offer better prices to high-risk drivers. High-risk drivers are those with a recent DUI, at-fault accident or speeding ticket on their driving record. Of course, costs vary by driver, and your rates are determined by a number of factors, including: Age.

Is Progressive too expensive? ›

A full-coverage car insurance policy with Progressive costs an average of $2,030 per year, while minimum liability coverage averages $697 per year for good drivers. Insurance from Progressive tends to be more expensive than average, but most customers tend to be satisfied with their services and policy coverages.

Who is Geico's biggest competitor? ›

Geico Auto Insurance. State Farm is currently the largest auto insurer in the U.S. according to the National Association of Insurance Commissioners (NAIC), closely followed by Geico. Both companies hold strong financial reputations and customer service ratings.

What is the most trusted insurance brand? ›

Safeco, Travelers and USAA are three of the best auto insurance companies for personalized coverage and perks. State Farm and Liberty Mutual offer advantages to drivers who want to work with a local agent or bundle coverage. Comparing rates and reading reviews can help you identify the best auto insurer for your needs.

What insurance provider is the best? ›

Best health insurance companies of 2024
  • Kaiser Permanente: Best health insurance.
  • Blue Cross Blue Shield: Best health insurance for the self-employed.
  • UnitedHealthcare: Best health insurance provider network.
  • Aetna: Best health insurance for young adults.

Why is Geico so much cheaper? ›

Geico is so cheap because it sells directly to the consumer. Geico also offers many discounts that help customers save even more on top of its already-low premiums.

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