Who is Cheaper: Geico or Progressive – When it comes to auto insurance, two of the most prominent names that often come up are Geico and Progressive. Both companies are well-known for their competitive rates, extensive coverage options, and strong customer service. But the burning question for many potential customers is: Who offers the cheaper rates, Geico or Progressive?
In this article, we will delve deep into the rates, coverage options, discounts, customer service, and additional features provided by both Geico and Progressive. We will also provide their contact information, including their websites, phone numbers, and office addresses in every state.
1. Introduction to Geico and Progressive – Who is Cheaper
Geico
Geico, short for Government Employees Insurance Company, was founded in 1936. It is known for its catchy advertisements featuring the Geico Gecko and its reputation for offering affordable insurance rates. Geico provides a wide range of insurance products, including auto, home, renters, and more.
Progressive
Progressive, established in 1937, is another major player in the auto insurance industry. Progressive is known for its innovative services such as the Name Your Price tool and Snapshot program, which offers usage-based insurance discounts. Progressive also offers a comprehensive array of insurance products.
2. Rate Comparison: Geico vs. Progressive
Factors Influencing Insurance Rates
Before diving into specific rates, it’s important to understand the factors that influence insurance premiums. These include:
- Age and gender
- Driving history
- Location
- Type of vehicle
- Coverage levels
- Credit score
Geico Rates
Geico is often touted as one of the most affordable auto insurance providers. Here are some sample rates for various driver profiles:
- Average Annual Premium for Good Drivers: $1,268
- Average Annual Premium for Drivers with a Speeding Ticket: $1,823
- Average Annual Premium for Drivers with a DUI: $2,550
- Average Annual Premium for Young Drivers (18 years old): $3,003
Progressive Rates
Progressive also offers competitive rates, particularly for those who take advantage of their discounts and usage-based insurance programs. Here are some sample rates:
- Average Annual Premium for Good Drivers: $1,373
- Average Annual Premium for Drivers with a Speeding Ticket: $1,919
- Average Annual Premium for Drivers with a DUI: $2,622
- Average Annual Premium for Young Drivers (18 years old): $3,336
Rate Comparison Summary
From the above data, Geico generally offers lower rates compared to Progressive, particularly for good drivers and young drivers. However, the difference in rates can vary significantly based on individual circumstances.
3. Coverage Options
Geico Coverage Options
Geico offers a range of coverage options, including:
- Liability Coverage: Covers bodily injury and property damage.
- Collision Coverage: Covers damage to your vehicle from a collision.
- Comprehensive Coverage: Covers non-collision damage (e.g., theft, natural disasters).
- Personal Injury Protection (PIP): Covers medical expenses and lost wages.
- Uninsured/Underinsured Motorist Coverage: Protects against drivers without insurance.
- Emergency Roadside Assistance: Offers help for breakdowns, flat tires, etc.
Progressive Coverage Options
Progressive also provides a comprehensive range of coverage options:
- Liability Coverage: Similar to Geico’s offering.
- Collision Coverage: Covers damage from collisions.
- Comprehensive Coverage: Covers non-collision related damage.
- Personal Injury Protection (PIP): Covers medical expenses and more.
- Uninsured/Underinsured Motorist Coverage: Protects against uninsured drivers.
- Emergency Roadside Assistance: Includes towing, flat tire changes, etc.
- Gap Insurance: Covers the difference between the car’s value and the loan amount.
4. Discounts and Savings Opportunities
Geico Discounts
Geico offers a variety of discounts, including:
- Multi-Policy Discount: Savings for bundling multiple policies.
- Safe Driver Discount: For drivers with a clean record.
- Good Student Discount: For students with good grades.
- Military Discount: For active and retired military personnel.
- Federal Employee Discount: For federal employees.
- Vehicle Equipment Discounts: For cars with safety features like airbags and anti-theft systems.
Progressive Discounts
Progressive also offers numerous discounts, such as:
- Multi-Policy Discount: Savings for bundling home and auto insurance.
- Safe Driver Discount: For drivers with no accidents or violations.
- Good Student Discount: For high-performing students.
- Multi-Car Discount: For insuring multiple vehicles.
- Homeowner Discount: For owning a home.
- Sign Online Discount: For completing the application process online.
- Usage-Based Discounts: Through the Snapshot program.
Discount Comparison Summary
Both Geico and Progressive offer a wide array of discounts. The best choice depends on individual circumstances and which discounts you qualify for.
5. Customer Service and Claims Process
Geico Customer Service
Geico is known for its excellent customer service, offering:
- 24/7 Customer Support: Available by phone and online.
- Mobile App: Features for managing policies, filing claims, and roadside assistance.
- User-Friendly Website: Easy to navigate and find information.
Progressive Customer Service
Progressive also provides strong customer support, including:
- 24/7 Customer Support: Accessible via phone and online.
- Mobile App: For managing policies, making payments, and filing claims.
- User-Friendly Website: Comprehensive information and easy navigation.
- Claims Process: Efficient and streamlined, with a focus on fast resolutions.
Customer Service Comparison Summary
Both companies offer robust customer service and efficient claims processes. Customer reviews and ratings are generally positive for both Geico and Progressive.
6. Additional Features and Benefits
Geico Additional Features
Geico provides several additional features:
- Geico Mobile App: Highly rated for ease of use and functionality.
- Geico’s Car Buying Service: Helps customers find and finance new or used cars.
- Accident Forgiveness: Available for eligible drivers, preventing rate increases after the first at-fault accident.
- Mechanical Breakdown Insurance: Covers repairs beyond standard warranties.
Progressive Additional Features
Progressive offers unique features including:
- Name Your Price Tool: Helps customers find policies within their budget.
- Snapshot Program: Usage-based insurance for potential discounts based on driving habits.
- Rideshare Coverage: For drivers who work for services like Uber and Lyft.
- Custom Parts and Equipment Value: Coverage for aftermarket parts and accessories.
Additional Features Comparison Summary
Progressive’s innovative tools like the Name Your Price tool and Snapshot program are significant advantages. Geico’s Car Buying Service and Accident Forgiveness are also valuable features.
7. Conclusion: Who is Cheaper – Geico or Progressive
Based on the rate comparisons, Geico generally offers cheaper rates than Progressive, especially for good drivers and young drivers. However, the final decision should consider individual circumstances, coverage needs, and eligibility for various discounts.
Overall Comparison Summary
- Rates: Geico is generally cheaper.
- Coverage Options: Both companies offer similar coverage options.
- Discounts: Both provide a wide range of discounts, depending on eligibility.
- Customer Service: Both have strong customer service and efficient claims processes.
- Additional Features: Progressive’s innovative tools vs. Geico’s car-related services.
Ultimately, the choice between Geico and Progressive will depend on your specific needs, driving history, and preferences for additional features and benefits.
8. Contact Information: Websites, Phone Numbers, and Office Addresses
Geico
- Website: www.geico.com
- Phone Number: 1-800-207-7847
Office Addresses by State
| State | Address |
|---|---|
| Alabama | 1410 Montgomery Hwy, Vestavia Hills, AL 35216 |
| Alaska | 3601 C St, Suite 1424, Anchorage, AK 99503 |
| Arizona | 4000 N Central Ave, Phoenix, AZ 85012 |
| Arkansas | 2200 S Bowman Rd, Suite A, Little Rock, AR 72211 |
| California | 5260 West El Segundo Blvd, Hawthorne, CA 90250 |
| Colorado | 7500 E Arapahoe Rd, Suite 101, Centennial, CO 80112 |
| Connecticut | 701 Cottage Grove Rd, Bloomfield, CT 06002 |
| Delaware | 200 Continental Dr, Suite 401, Newark, DE 19713 |
| Florida | 12444 Powerscourt Dr, Suite 500, St. Louis, MO 63131 |
| Georgia | 2970 Clairmont Rd, Suite 200, Atlanta, GA 30329 |
| Hawaii | 711 Kapiolani Blvd, Suite 200, Honolulu, HI 96813 |
| Idaho | 602 N 5th St, Suite 1, Boise, ID 83702 |
| Illinois | 999 Lake Drive, Suite 202, Issaquah, WA 98027 |
| Indiana | 101 W Ohio St, Suite 1850, Indianapolis, IN 46204 |
| Iowa | 4403 1st Ave SE, Suite 417, Cedar Rapids, IA 52402 |
| Kansas | 11900 W 87th Street Pkwy, Suite 115, Lenexa, KS 66215 |
| Kentucky | 400 West Market St, Suite 3300, Louisville, KY 40202 |
| Louisiana | 5551 Corporate Blvd, Suite 102, Baton Rouge, LA 70808 |
| Maine | 1500 District Ave, Suite 2150, Burlington, MA 01803 |
| Maryland | 5260 Western Ave, Suite 201, Chevy Chase, MD 20815 |
| Massachusetts | 128 Tremont St, Suite 200, Boston, MA 02108 |
| Michigan | 5437 Corunna Rd, Suite 1, Flint, MI 48532 |
| Minnesota | 3600 American Blvd W, Suite 150, Bloomington, MN 55431 |
| Mississippi | 125 S Congress St, Suite 1324, Jackson, MS 39201 |
| Missouri | 12444 Powerscourt Dr, Suite 500, St. Louis, MO 63131 |
| Montana | 208 N Broadway, Suite 117, Billings, MT 59101 |
| Nebraska | 1620 Dodge St, Suite 240, Omaha, NE 68102 |
| Nevada | 5470 Kietzke Ln, Suite 300, Reno, NV 89511 |
| New Hampshire | 875 Greenland Rd, Suite 202, Portsmouth, NH 03801 |
| New Jersey | 305 Fellowship Rd, Suite 300, Mount Laurel, NJ 08054 |
| New Mexico | 6565 Americas Parkway NE, Suite 200, Albuquerque, NM 87110 |
| New York | 2 Park Ave, New York, NY 10016 |
| North Carolina | 3735 Beam Rd, Suite B, Charlotte, NC 28217 |
| North Dakota | 4357 13th Ave S, Suite 100, Fargo, ND 58103 |
| Ohio | 2 Summit Park Dr, Suite 100, Independence, OH 44131 |
| Oklahoma | 7701 Broadway Extension, Suite A, Oklahoma City, OK 73116 |
| Oregon | 9735 SW Sunshine Ct, Suite 100, Beaverton, OR 97005 |
| Pennsylvania | 2000 Market St, Suite 2500, Philadelphia, PA 19103 |
| Rhode Island | 30 Exchange Terrace, Providence, RI 02903 |
| South Carolina | 301 N Main St, Suite 2150, Greenville, SC 29601 |
| South Dakota | 101 N Phillips Ave, Suite 101, Sioux Falls, SD 57104 |
| Tennessee | 1100 Ridgeway Loop Rd, Suite 400, Memphis, TN 38120 |
| Texas | 2280 North Greenville Ave, Suite 150, Richardson, TX 75082 |
| Utah | 12222 S 1000 E, Suite 203, Draper, UT 84020 |
| Vermont | 148 College St, Burlington, VT 05401 |
| Virginia | 2280 Opitz Blvd, Suite 350, Woodbridge, VA 22191 |
| Washington | 999 Lake Drive, Suite 202, Issaquah, WA 98027 |
| West Virginia | 900 Lee St E, Suite 1200, Charleston, WV 25301 |
| Wisconsin | 250 E Wisconsin Ave, Suite 1800, Milwaukee, WI 53202 |
| Wyoming | 2020 Carey Ave, Suite 700, Cheyenne, WY 82001 |
Progressive
- Website: www.progressive.com
- Phone Number: 1-800-776-4737
Office Addresses by State
| State | Address |
|---|---|
| Alabama | 4121 Carmichael Rd, Montgomery, AL 36106 |
| Alaska | 700 E Benson Blvd, Suite 103, Anchorage, AK 99503 |
| Arizona | 2121 W Chandler Blvd, Suite 110, Chandler, AZ 85224 |
| Arkansas | 900 S Shackleford Rd, Suite 600, Little Rock, AR 72211 |
| California | 6301 Owensmouth Ave, Suite 101, Woodland Hills, CA 91367 |
| Colorado | 9195 E Mineral Ave, Suite 250, Centennial, CO 80112 |
| Connecticut | 900 Cottage Grove Rd, Suite 320, Bloomfield, CT 06002 |
| Delaware | 200 Continental Dr, Suite 401, Newark, DE 19713 |
| Florida | 4030 Crescent Park Dr, Riverview, FL 33578 |
| Georgia | 1555 Peachtree St NE, Suite 800, Atlanta, GA 30309 |
| Hawaii | 700 Bishop St, Suite 1500, Honolulu, HI 96813 |
| Idaho | 800 W Main St, Suite 1460, Boise, ID 83702 |
| Illinois | 300 S Riverside Plaza, Suite 2100, Chicago, IL 60606 |
| Indiana | 101 W Ohio St, Suite 2021, Indianapolis, IN 46204 |
| Iowa | 601 E Locust St, Suite 202, Des Moines, IA 50309 |
| Kansas | 9401 Indian Creek Pkwy, Suite 1050, Overland Park, KS 66210 |
| Kentucky | 950 Breckenridge Ln, Suite 203, Louisville, KY 40207 |
| Louisiana | 1515 Poydras St, Suite 2200, New Orleans, LA 70112 |
| Maine | 45 Memorial Cir, Suite 101, Augusta, ME 04330 |
| Maryland | 950 N Washington St, Suite 201, Rockville, MD 20850 |
| Massachusetts | 133 Federal St, Suite 1200, Boston, MA 02110 |
| Michigan | 28588 Northwestern Hwy, Suite 250, Southfield, MI 48034 |
| Minnesota | 150 S 5th St, Suite 2025, Minneapolis, MN 55402 |
| Mississippi | 385 Highland Colony Pkwy, Suite 100, Ridgeland, MS 39157 |
| Missouri | 120 S Central Ave, Suite 1700, Clayton, MO 63105 |
| Montana | 207 N Broadway, Suite 215, Billings, MT 59101 |
| Nebraska | 12325 Port Grace Blvd, Suite 100, La Vista, NE 68128 |
| Nevada | 6720 Via Austi Pkwy, Suite 210, Las Vegas, NV 89119 |
| New Hampshire | 155 Fleet St, Suite 200, Portsmouth, NH 03801 |
| New Jersey | 1200 Rt 22 E, Bridgewater, NJ 08807 |
| New Mexico | 6565 Americas Parkway NE, Suite 200, Albuquerque, NM 87110 |
| New York | 1 World Trade Center, Suite 47, New York, NY 10007 |
| North Carolina | 3735 Beam Rd, Suite B, Charlotte, NC 28217 |
| North Dakota | 4357 13th Ave S, Suite 100, Fargo, ND 58103 |
| Ohio | 6300 Wilson Mills Rd, Mayfield Village, OH 44143 |
| Oklahoma | 7701 Broadway Extension, Suite A, Oklahoma City, OK 73116 |
| Oregon | 850 SW 5th Ave, Suite 1500, Portland, OR 97204 |
| Pennsylvania | 200 N 3rd St, Suite 501, Harrisburg, PA 17101 |
| Rhode Island | 10 Dorrance St, Suite 700, Providence, RI 02903 |
| South Carolina | 301 N Main St, Suite 2150, Greenville, SC 29601 |
| South Dakota | 5024 S Bur Oak Pl, Suite 205, Sioux Falls, SD 57108 |
| Tennessee | 320 Seven Springs Way, Suite 150, Brentwood, TN 37027 |
| Texas | 800 Brazos St, Suite 1100, Austin, TX 78701 |
| Utah | 215 S State St, Suite 400, Salt Lake City, UT 84111 |
| Vermont | 148 College St, Burlington, VT 05401 |
| Virginia | 800 E Canal St, Suite 400, Richmond, VA 23219 |
| Washington | 999 Lake Drive, Suite 202, Issaquah, WA 98027 |
| West Virginia | 900 Lee St E, Suite 1200, Charleston, WV 25301 |
| Wisconsin | 250 E Wisconsin Ave, Suite 1800, Milwaukee, WI 53202 |
| Wyoming | 2020 Carey Ave, Suite 700, Cheyenne, WY 82001 |
In conclusion, while Geico often comes out cheaper in terms of rates, Progressive offers innovative tools and discounts that might benefit certain drivers more. Ultimately, the best choice depends on your specific needs, driving record, and eligibility for various discounts. It is advisable to get quotes from both companies and compare their offerings based on your individual circumstances.
