Allstate vs Geico: Which one is the cheapest?
If price is what’s most important, Geico is likely going to be the better choice. Geico usually offers lower rates than Allstate. Geico offers full coverage insurance for an average of $1,763 per year and Allstate provides full coverage for $2,509 annually.
The cost of state minimum coverage from Geico is $405 per year and Allstate offers state minimum coverage for $700 annually. However, it’s still a good idea to get quotes from both companies though to see what’s better for your specific situation.
| Company | Average annual rate for full coverage | Average annual rate for state minimum coverage |
|---|---|---|
| Allstate | $2,509 | $700 |
| Geico | $1,763 | $405 |
Allstate vs Geico: Rates by age group
Geico has the cheapest insurance rates for most age groups. Insurance companies have different rates depending on your age. They use it as an indicator to determine how much risk a drive poses and then price policies accordingly.
Car insurance rates are higher for teenagers as they are considered high risk by insurers. Teens should consider buying insurance from Geico, as its rates are lower than Allstate. Geico offers insurance for teenagers at an average of $5,049 per year, whereas Allstate provides insurance to teen drivers for $7,437 annually.
| Age (group) | Allstate | Geico |
|---|---|---|
| Teens | $7,437 | $5,049 |
| Young adults | $3,754 | $2,647 |
| Adults | $2,509 | $1,776 |
| Seniors | $2,477 | $1,787 |
Allstate vs Geico: Rates for high-risk drivers
In our study we found that Geico is an affordable insurer for most drivers than Allstate. Geico is the cheapest for drivers with a DUI/DWI first offense. Its average annual rate is $3,598 and Allstate's rates after a DUI/DWI offense is $5,040 per year.
When it comes to finding affordable rates for high-risk drivers, Allstate and Geico are two of the best options out there. Although both companies are viable options for high-risk drivers, one may be a better fit for your specific needs. By examining the rates mentioned in the table below, you can make an informed decision about which insurer offers the best rates for your specific situation.
| Profile Value (group) | Allstate | Geico |
|---|---|---|
| 1 At-fault property damage accident over $2K | $4,027 | $2,444 |
| 1 At-fault property damage accident under $2K | $3,932 | $2,426 |
| At-fault bodily injury accident | $4,180 | $2,617 |
| Careless driving | $2,951 | $1,887 |
| DUI/DWI first offense | $5,040 | $3,598 |
| Reckless driving | $4,744 | $2,804 |
| Speeding | $2,967 | $2,170 |
Allstate vs Geico: Customer service and tech friendly
For customer service, Allstate earned 3.5 stars out of 5, while Geico earned 4 stars.
Which insurance company provides a better online experience? Both Allstate and Geico offer online quotes comparison. Apart from that, they have easy to use mobile apps that allow you to pay bills, view your profile and file insurance claims.
Allstate vs Geico: Which has better coverage options?
Every state has different requirements for car insurance, this is because the laws surrounding driving vary from place to place. However, each insurer offers standard coverage such as liability, comprehensive and collision coverage to make sure you're protected if anything goes wrong.
Both Allstate and Geico have a wide range of coverage options. Below table shows the different coverages offered by Allstate and Geico:
Allstate vs Geico: Which offers better discounts?
Insurance companies offer a variety of discounts to help you save money on your car insurance. While they may not seem like much, these dollar amounts add up to trim your insurance costs. Check out what discount options Allstate and Geico offer to policyholders, and which carrier fits your needs.
