If you’re deciding between Geico and Farmers, your choice may be dictated by price and which insurer offers the best rates. Geico has better rates for all of the driver profiles we examined.
Geico Is Better for Good Drivers
Geico has better rates for good drivers with no accidents or tickets on their record. Farmers’ rates are about $1,500 higher than Geico’s.
Though Geico’s average prices are better than Farmers’, good drivers can find even cheaper car insurance elsewhere. Nationwide and Travelers have more competitive average rates. If you’re a veteran, in the military or in a military family, USAA typically offers terrific rates.
Geico Is Better If You Have a Speeding Ticket
Geico rates come in around $1,800 cheaper than Farmers for drivers with a speeding ticket. If you’re looking for cheaper rates, Erie and Nationwide have the lowest average costs, according to our analysis.
Geico Is Better for Drivers Who Have Caused an Accident
Farmers’ average cost for drivers who have caused an accident is over $1,660 higher than Geico’s. Based on our review of rates, Erie and Travelers are even better choices. If you qualify as a military member, veteran, or family member, USAA is generally a good choice.
Geico Is Better for Drivers with a DUI
Geico and Farmers have similar costs for drivers with a DUI, but Geico has a slight edge. Better prices may be found with Progressive or Travelers, according to our analysis of average rates. USAA can be a good choice as well if you’re eligible.
Geico Is Better for Drivers with Poor Credit
Our analysis found that Farmers costs 97% more than Geico for poor credit drivers. Besides Geico, Nationwide and USAA (if you’re eligible) are other good choices.
Geico Is Better for Adding a Teen Driver
Farmers’ rates are over $3,000 per year higher than Geico’s if you add a teen driver to your policy.
Adding a teen driver to your auto policy can be costly. That’s why it’s wise to compare car insurance quotes from other insurers, like Erie and Nationwide. According to our analysis, they had low-cost rates for teen drivers. If you have a military connection, check rates from USAA.
Geico Is Better for Senior Drivers
Geico is the cheaper choice for senior car insurance. Farmers’ rates for senior drivers are 78% higher than Geico’s. While Geico’s rates are fairly decent, you generally can find lower costs with Nationwide, Travelers and USAA (if you’re eligible).
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.