GEICO vs. Farmers: Which offers the cheapest auto insurance rates?

GEICO vs. Farmers: Which one is the cheapest?

GEICO costs an average of $405 annually for state minimum coverage, while Farmers has average state minimum rates of $701 a year.

For full coverage with 100/300/100 liability limits and $500 deductibles for comprehensive and collision coverage, GEICO costs $1,763 per year. Farmers charges more, with an average cost of $2,387 annually.

It's always smart to shop around and compare quotes, since prices and coverage can vary by state and depend on your personal situation.

Company	Average annual rate for full coverage	Average annual rate for state minimum coverage	Average annual premium for liability-only (50/100/50) car insurance
GEICO	$1,763	$405	$560
Farmers	$2,387	$701	$991

GEICO vs. Farmers: Rates by age group

For a teen — one of the most expensive age groups to insure — GEICO has the cheapest rates, coming in at $5,049 per year. Farmers costs an average of $8,348 for a teen driver.

Age plays a big role in calculating insurance rates. Companies use data on speeding, accidents, and distracted driving. Teen drivers are one of the riskiest and the most expensive age groups to insure. Rates drop as you get older.

For example, adults pay an average of $1,776 a year at GEICO, while car insurance for adults at Farmers costs $2,336 per year.

Age group	GEICO	Farmers
Teens	$5,049	$8,348
Young adults	$2,647	$3,602
Adults	$1,776	$2,336
Seniors	$1,787	$2,290

GEICO vs. Farmers: Rates for high-risk drivers

GEICO offers the lowest rates for high-risk drivers. A high-risk driver is someone with multiple speeding tickets, accidents or a serious offense like a DUI on their record. This can make it harder to find affordable car insurance.

For drivers with a DUI, GEICO is more affordable, with an average rate of $4,504.

Check out the table below to see how GEICO rates compare to Farmers rates for different driving violations.

Type of violation	GEICO	Farmers
1 At-fault property damage accident over $2K	$3,155	$3,914
1 At-fault property damage accident under $2K	$3,147	$3,890
At-fault bodily injury accident	$3,320	$4,128
Careless driving	$2,447	$4,414
DUI	$4,504	$5,129
Reckless driving	$3,628	$5,089
Speeding	$2,831	$3,380

GEICO vs. Farmers: Which is better rated?

Customer service, claims processing and a positive online experience are just a few things to consider along with price when choosing an insurance carrierAn insurance carrier is the company that provides your car insurance policy and pays claims.. Take a look at the table below to see how GEICO and Farmers scored in the best car insurance companies of 2025.

Overall, GEICO scored 4.2, while Farmers scored 3.69.

Ratings	GEICO	Farmers
NAIC	0.91	0.80
AM Best	A++	A
Average annual premium	$1,764	$2,388
Average monthly premium	$147	$199
Customer Satisfaction	4.1	4.1
Insurance.com score	4.2	3.7

GEICO vs. Farmers: Rates in your state

Insurance rates change from state to state. Companies look at data from your ZIP code such as weather, crime, and traffic to figure out the risk. The table below shows where you'll find the lowest rates for GEICO and Farmers. Always compare multiple quotes, since your location, driving record, and personal details will affect your final price.

State	GEICO	Farmers
Alabama	$1,625	$2,542
Alaska	$1,338	N/A
Arizona	$1,312	$2,331
Arkansas	$1,794	$2,248
California	$1,919	$3,035
Colorado	$1,445	$3,578
Connecticut	$1,242	$2,192
Delaware	$1,695	N/A
Florida	$2,214	$3,261
Georgia	$2,072	N/A
Hawaii	$1,184	$1,495
Idaho	$1,174	$1,606
Illinois	$1,178	N/A
Indiana	$986	$1,956
Iowa	$1,716	N/A
Kansas	$1,622	$1,992
Kentucky	$2,106	$3,548
Louisiana	$2,983	$3,002
Maine	$1,228	$1,664
Maryland	$1,262	N/A
Massachusetts	$1,269	$1,966
Michigan	$1,553	N/A
Minnesota	$2,495	N/A
Mississippi	$2,210	N/A
Missouri	$3,217	N/A
Montana	$2,382	$2,939
Nebraska	$2,372	N/A
Nevada	$1,708	$2,328
New Hampshire	$1,212	$1,954
New Jersey	$1,563	$2,254
New Mexico	$1,406	$2,740
New York	$1,736	N/A
North Carolina	$1,617	$2,028
North Dakota	$1,773	$2,077
Ohio	$1,373	$1,794
Oklahoma	$1,820	$2,717
Oregon	$1,683	$2,210
Pennsylvania	$2,308	N/A
Rhode Island	$2,292	$3,336
South Carolina	$2,054	N/A
South Dakota	$2,384	$2,207
Tennessee	$1,565	$1,770
Texas	$1,644	$4,127
Utah	$1,325	$2,638
Vermont	$1,276	$2,333
Virginia	$1,382	N/A
Washington	$1,171	$1,714
Washington, D.C.	$1,408	N/A
West Virginia	$2,248	$2,442
Wisconsin	$1,195	$2,139
Wyoming	$2,514	$1,623

GEICO vs. Farmers: Which offers better discounts?

Discounts are a big draw for customers and can offer significant savings on your annual premiums. Below are some of the discounts GEICO and Farmers offer to their customers.

Discounts	GEICO	Farmers
Purchase status	9%	5%
Days advanced purchase	N/A	8%
Marital status	7%	4%
Multi policy	7%	11%
Daily commute	6%	N/A
Homeowner	12%	5%
Paperless/electornic documents	N/A	5%
Lower annual mileage	5%	15%
Payment type	16%	5%
Loyalty	3%	1%
Electronic funds transfer	N/A	3%
Safety devices	2%	3%
Air bags	2%	1%
Education	12%	N/A
Telematics	10%	N/A
Profession	10%	N/A
Anti-theft device	1%	0%

Always be sure to ask about available discounts when you're shopping around for insurance to see what you may qualify for.

GEICO vs. Farmers: The bottom line

Both GEICO and Farmers are reliable insurance companies, but if price is your top concern, GEICO might be the better choice. However, we recommend looking at more than just rates to find the best car insurance for your needs and comparing quotes from numerous companies.

Methodology

National and state average rates are based on three coverage levels: state minimum, 50/100/50 liability-only, and full coverage with 100/300/100 liability and $500 deductibles.

Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on: