GEICO vs. State Farm Car Insurance [2022]

Comparing GEICO vs. State Farm car insurance shows you which company is more affordable and has better ratings. On average, GEICO auto insurance is $4 cheaper than State Farm. However, various factors determine affordable GEICO vs. State Farm auto insurance rates. You can buy cheaper insurance rates at both companies when you qualify for discounts. Shop around and compare to secure the best deal.

Free Car Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

Free Car Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

UPDATED: Jun 28, 2022

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Written By: Chris TepedinoReviewed By: Laura WalkerUPDATED: Jun 28, 2022Fact Checked

GEICO vs. State Farm Car Insurance Summary
SummaryGEICO Car Insurance StatsState Farm Car Insurance Stats
Year Founded19361922
Headquarters5260 Western Avenue Chevy Chase, MD 20815One State Farm Plaza Bloomington, IL 61710
Phone Number1-800-207-78471-800-782-8332
Websitehttps://www.geico.com/https://www.statefarm.com/
Available in how many states?All StatesAll States
Direct Premiums$35.2 Billion$41.1 Billion
Market Share14%16%
National Average Car Insurance Rates$268$272
Get Your Rates Quote Now

Compare RatesStart Now →

Are you trying to decide if GEICO or State Farm auto insurance is better? Comparing GEICO vs. State Farm car insurance shows you a match-up of two of the best insurance companies in the nation.

But can you get cheaper GEICO auto insurance in your state? Does State Farm auto insurance provide more coverage options? Don’t worry — we’ll show you how GEICO insurance compares to State Farm.

Read this guide to see GEICO vs. State Farm’s side-by-side comparison. Examine which company is cheapest, which has more coverage, and how both companies are rated.

After you explore GEICO vs. State Farm car insurance, enter your ZIP code in the free online quote tool above to compare multiple insurance companies in your area.

GEICO vs. State Farm Car Insurance: Which company is the cheapest?

According to the National Association of Insurance Commissioners (NAIC), the average cost of full coverage car insurance is $90 per month.

However, GEICO auto insurance quotes and State Farm auto insurance quotes vary for each person. We’ve researched various factors for you and narrowed down the average rates.

Let’s examine the factors that get you affordable GEICO vs. State Farm car insurance.

How does age impact GEICO vs. State Farm car insurance rates?

Age is a risk factor that describes the driving experience of a driver. Younger drivers usually pay more than older drivers, but how does age affect GEICO and State Farm car insurance?

Let’s take a look.

GEICO vs. State Farm Car Insurance Rates by Age
Age of DriversGEICO Monthly Car Insurance RatesState Farm Monthly Car Insurance Rates
17-Year-Old Driver$497$553
25-Year-Old Driver$193$204
35-Year-Old Driver$192$173
60-Year-Old Driver$189$156
Get Your Rates Quote Now

Compare RatesStart Now →

Senior drivers pay the least for auto insurance overall. However, State Farm insurance is at least $20 cheaper than GEICO.

Does gender determine GEICO and State Farm car insurance?

Yes, it does. Gender won’t be a significant factor in auto insurance in 2022, but you’ll see an increase in coverage if you’re a male driver.

Check out GEICO vs. State Farm insurance rates based on gender.

GEICO vs. State Farm Car Insurance Rates by Gender
GendersGEICO Monthly Car Insurance RatesState Farm Monthly Car Insurance Rates
Male Driver$274$288
Female Driver$262$255
Non-Binary$268$272
Get Your Rates Quote Now

Compare RatesStart Now →

Female drivers pay less for GEICO and State Farm auto insurance rates because they take fewer risks than males.

Non-binary drivers pay close to the average car insurance rates at both companies. Overall, GEICO is more affordable when gender is factored into monthly rates.

Can marital status affect GEICO vs. State Farm car insurance quotes?

Yes, it can. Single drivers are known to take more risks than married drivers. Therefore, GEICO and State Farm auto insurance quotes adjust rates to offset the risk.

Here’s an example of how much married drivers and single drivers pay.

GEICO vs. State Farm Car Insurance States by Marital Status
Marital StatusGEICO Monthly Car Insurance RatesState Farm Monthly Car Insurance Rates
Married$191$165
Single$345$379
Get Your Rates Quote Now

Compare RatesStart Now →

Married drivers save over $100 a month, but single drivers pay more a month. However, single drivers pay $34 less at GEICO. Meanwhile, married drivers have more affordable rates at State Farm.

How much are GEICO and State Farm car insurance rates by the state?

Where you live also determines how much you pay for State Farm and GEICO auto insurance.

Let’s review how much GEICO and State Farm car insurance costs in each state in the nation.

GEICO vs. State Farm Car Insurance Rates by State
StatesGEICO Monthly Car Insurance RatesState Farm Monthly Car Insurance Rates
Alaska$240$186
Alabama$239$400
Arkansas$290$232
Arizona$189$396
California$240$350
Colorado$258$273
Connecticut$256$248
District of Columbia$308$340
Delaware$311$372
Florida$315$283
Georgia$248$282
Hawaii$280$87
Iowa$191$185
Idaho$231$156
Illinois$232$195
Indiana$188$201
Kansas$268$227
Kentucky$386$280
Louisiana$513$382
Maine$235$183
Maryland$319$330
Massachusetts$126$113
Michigan$536$1,047
Minnesota$292$172
Missouri$240$224
Mississippi$341$248
Montana$300$201
North Carolina$245$257
North Dakota$222$213
Nebraska$320$203
New Hampshire$135$182
New Jersey$230$627
New Mexico$372$195
Nevada$305$483
New York$202$374
Ohio$156$209
Oklahoma$286$235
Oregon$268$228
Pennsylvania$217$229
Rhode Island$467$201
South Carolina$265$256
South Dakota$245$192
Tennessee$274$220
Texas$272$240
Utah$247$387
Virginia$172$189
Vermont$183$365
Washington$214$208
West Virginia$177$177
Wisconsin$327$199
Wyoming$291$192
Get Your Rates Quote Now

Compare RatesStart Now →

Some states have rates that are much less than the average. But overall, GEICO has a cheaper average monthly rate than State Farm.

How much are GEICO vs. State Farm car insurance rates based on your driving history?

One of the major characteristics that impact State Farm and GEICO auto insurance quotes is your driving record.

Traffic violations, accidents, and DUIs can determine whether you pay for cheap insurance or expensive rates.

Let’s look at how various infractions affect GEICO and State Farm car insurance.

GEICO vs. State Farm Car Insurance Rates by Driving Record
Driving Record SummaryGEICO Monthly Car Insurance RatesState Farm Monthly Car Insurance Rates
Clean Driving Record$179$235
With 1 Speeding Violation$220$266
With 1 Accident$266$283
With 1 DUI$406$303
Get Your Rates Quote Now

Compare RatesStart Now →

DUIs have the most impact on auto insurance rates at GEICO and State Farm. Speeding tickets have the least impact, but accidents can also drive up your rates.

GEICO is more affordable even if you have a speeding violation or accident. However, State Farm is cheaper for drivers who have a DUI on their driving record.

Can my credit score affect GEICO vs. State Farm car insurance?

The short answer is yes. Credit score (or credit history) correlates to the risk of filing claims. In other words, bad credit scores relate to a higher risk of filing insurance claims.

With higher risk comes more expensive rates. But how are State Farm and GEICO auto insurance rates affected?

Let’s see how credit history impacts GEICO and State Farm car insurance.

GEICO vs. State Farm Car Insurance Rates by Credit Scores
Credit Score SummaryGEICO Monthly Car Insurance RatesState Farm Monthly Car Insurance Rates
Good Credit (670-739)$203$181
Fair Credit Score (580-669)$249$238
Poor Credit Score (300-579)$355$413
Get Your Rates Quote Now

Compare RatesStart Now →

Good credit is the fastest route to cheap car insurance rates. State Farm has an advantage over GEICO at good and fair credit levels. But, GEICO is more affordable for people with poor credit.

Do higher coverage levels increase GEICO or State Farm car insurance?

The minimum coverage level provides the state standard for auto insurance. However, GEICO and State Farm may recommend a higher coverage level.

Increasing your policy limits also raises your car insurance rates.

Let’s examine GEICO and State Farm insurance rates based on various coverage levels.

GEICO vs. State Farm Car Insurance Rates by Coverage Levels
Coverage Level SummaryGEICO Monthly Car Insurance RatesState Farm Monthly Car Insurance Rates
Low Coverage Level (Depends on State)$250$255
Medium Coverage Level (50/100/50)$268$272
High Coverage Level (100/300/100)$286$288
Get Your Rates Quote Now

Compare RatesStart Now →

GEICO is slightly cheaper than State Farm. If you want to save money at either company, you should purchase the lowest coverage level.

Are GEICO and State Farm car insurance rates more expensive with a higher commute mileage?

Driving your vehicle more can produce expensive insurance rates. Frequent use of your car means your risk of filing claims increases.

But how much do GEICO and State Farm auto insurance go up based on annual mileage? Let’s look at the average State Farm and GEICO car insurance rates based on estimated commute miles.

GEICO vs. State Farm Car Insurance Rates by Commute Mileage
Estimated Commute MileageGEICO Monthly Car Insurance RatesState Farm Monthly Car Insurance Rates
10 Miles Commute (6,000 miles/yr)$264$265
25 Miles Commute (12,000 miles/yr)$272$279
Get Your Rates Quote Now

Compare RatesStart Now →

Although GEICO is more affordable, the price gap between State Farm and GEICO isn’t that significant. So you’ll be paying the same rate regardless of how much you drive.

Compare The Best Insurance Quotes In The Country

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption

Which car insurance company has more coverage options?

Now that you know how much State Farm and GEICO car insurance cost, you should consider what coverages are available.

Here’s a list of the coverages you can get at GEICO and State Farm.

GEICO vs. State Farm Car Insurance Coverages
GEICO Car Insurance CoveragesState Farm Car Insurance Coverages
Bodily Injury LiabilityBodily Injury Liability
Property Damage LiabilityProperty Damage Liability
Medical Payments coverageMedical Payments coverage
Uninsured & Underinsured Motorist coverageCollision Coverage
CollisionComprehensive Coverage
ComprehensiveUninsured & Underinsured Motorist Coverage
Emergency Roadside AssistancePersonal Injury Protection
Mechanical Breakdown InsuranceGAP Insurance Coverage
Rental Car ReimbursementRental Car Reimbursement
Roadside Assistance
Accident Forgiveness
Get Your Rates Quote Now

Compare RatesStart Now →

State Farm has more coverage options than GEICO. However, GEICO has mechanical breakdown insurance but doesn’t have GAP insurance like State Farm.

Do GEICO and State Farm have other insurance products?

If you’re searching for a company that can give you more than car insurance, State Farm and GEICO are good candidates.

But which company has more insurance products? Let’s examine another table that describes GEICO and State Farm’s bundling opportunities.

GEICO vs. State Farm Insurance Products
Other Insurance ProductsGEICO AvailabilityState Farm Availability
Boat Insurance
Condo Insurance
Life Insurance
Homeowners Insurance
Travel Trailer Insurance
Renters Insurance
RV Insurance
Motorcycle Insurance
Mobile Home Insurance
Get Your Rates Quote Now

Compare RatesStart Now →

GEICO makes up for fewer coverage options by providing more insurance products. Bundling auto insurance can save you at least 10%.

Does GEICO have more car insurance discounts than State Farm?

Speaking of percentages, GEICO and State Farm are known for their discounted rates. But what auto insurance deals are the nuts and bolts to affordable coverage at GEICO and State Farm?

Let’s compare.

GEICO vs. State Farm Car Insurance Discounts
Car Insurance DiscountsGEICO AvailabilityState Farm Availability
Adaptive Cruise Control
Adaptive Headlights
Anti-lock Brakes
Anti-Theft
Daytime Running Lights
Electronic Stability Control
Utility Vehicle
Vehicle Recovery
VIN Etching
Lane Departure Warning
Newer Vehicle
Green Vehicle
Forward Collision Warning
Claim Free
Continuous Coverage
Defensive Driver
Distant Student
Driver's Ed
Driving Device/App
Early Signing
Emergency Deployment
Engaged Couple
Family Legacy
Family Plan
Farm Vehicle
Fast 5
Federal Employee
Full Payment
Further Education
Garaging/Storing
Good Credit
Good Student
Homeowner
Life Insurance
Low Mileage
Loyalty
Married
Membership/Group
Military
Military Garaging
Multiple Drivers
Multiple Policies
Multiple Vehicles
New Address
New Customer/New Plan
New Graduate
Newly Licensed
Newlyweds
Non-Smoker/Non-Drinker
Occasional Operator
Occupation
On Time Payments
Online Shopper
Paperless Documents
Paperless/Auto Billing
Passive Restraint
Recent Retirees
Renter
Roadside Assistance
Safe Driver
Seat Belt Use
Senior Driver
Stable Residence
Students & Alumni
Switching Provider
Volunteer
Young Driver
Get Your Rates Quote Now

Compare RatesStart Now →

GEICO has more discounts you can stack. Based on what we’ve seen, State Farm car insurance rates have shown to be competitive.

That means State Farm’s discount values are much higher than some of GEICO’s bargains.

Compare The Best Insurance Quotes In The Country

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption

GEICO vs. State Farm Car Insurance: Which company has better ratings?

If you were ever curious about GEICO and State Farm’s claim reliability, you should look into the financial strength and customer satisfaction ratings.

Fortunately, we’ve researched these items for you. Examine the ratings below and check out our explanation to see what these ratings mean.

GEICO vs. State Farm Financial Strength and Customer Satisfaction Ratings
AgenciesGEICO RatingsState Farm Ratings
AM BestA++A++
Moody'sAa3Aa1
S&PAA+AA
NAIC Complaint Index1.140.98
J.D. Power - Power Circle RatingsAbout AverageBetter Than Most
Apple App Store (iOS) Ratings5 stars3 stars
Google Play Store (Android) Ratings5 stars4 stars
Get Your Rates Quote Now

Compare RatesStart Now →

A.M Best shows the financial strength of both companies. Overall, GEICO and State Farm are high-earning car insurance companies with a superior ability to pay out claims and keep customers happy.

Moody’s and S&P are company credit scores. State Farm and GEICO have the best scores, but State Farm has a better score at Moody’s. Meanwhile, GEICO has a better S&P score.

The J.D. Power and NAIC score show how customers rate GEICO and State Farm. NAIC and J.D. Power agree that State Farm is better with customers.

Finally, the iOS and Android ratings reveal how both companies’ mobile apps perform. GEICO has the advantage on both platforms.

What are GEICO and State Farm highlights?

GEICO and State Farm are excellent auto insurance companies. Let’s look at some of the best features of both insurance companies.

GEICO highlights:

  • More discounts than State Farm
  • Provide discounts to federal employees
  • Cheap insurance rates in most states
  • More opportunities to bundle with other insurance products
  • Mechanical breakdown insurance (MBI) is available

State Farm highlights:

  • Higher discount values than GEICO
  • More car insurance discounts
  • More coverage options than GEICO
  • Affordable auto insurance rates
  • Car insurance programs for teen drivers

Did we miss anything about GEICO and State Farm? Read our GEICO car insurance review and State Farm car insurance review for more information on both companies.

GEICO vs. State Farm Car Insurance: The Bottom Line

GEICO and State Farm provide affordable auto insurance rates under specific factors. On average, GEICO is cheaper.

However, State Farm provides more coverage. Also, State Farm has better customer satisfaction ratings.

The best car insurance company for you depends on your situation.

Before you buy GEICO vs. State Farm car insurance, use our free online tool below to compare multiple insurance companies near you.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

Chris Tepedino is a feature writer that has written extensively about home, life, and car insurance for numerous websites. He has a college degree in communication from the University of Tennessee and has experience reporting, researching investigative pieces, and crafting detailed, data-driven features. His works have been featured on CB Blog Nation, Flow Words, Healing Law, WIBW Kansas, and C...

Full Bio →

Written by Chris Tepedino
Insurance Feature Writer Chris Tepedino

Laura Walker graduated college with a BS in Criminal Justice with a minor in Political Science. She married her husband and began working in the family insurance business in 2005. She became a licensed agent and wrote P&C business focusing on personal lines insurance for 10 years. Laura serviced existing business and wrote new business. She now uses her insurance background to help educate...

Full Bio →

Reviewed by Laura Walker
Former Licensed Agent Laura Walker

Related Links

Free Insurance Comparison

Compare quotes from the top insurance companies and save!

secured lock Secured with SHA-256 Encryption