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For most people, shopping for car insurance ranks right up there with doing your taxes. However, if you don’t regularly check up on your car insurance to make sure you’re getting the best rates and working with the right auto insurance company, you could end up paying thousands more than you should. Car insurance companies can charge very different rates, even to drivers who are in the same situation. Different companies also offer very different experiences when it comes to customer service. It's worth taking the time to make sure you are working with a company that will treat you well and provide you with the right policy for your needs.

Shopping around for insurance is worth it, but that doesn’t mean it’s easy. That’s where we come in. We’ve collected average annual rates from the 10 largest auto insurance companies in the U.S. so you can see who is likely to give you the best deal for your situation. We’ve also ranked the same companies on customer satisfaction, so you can home in on the companies you’ll actually enjoy dealing with. For this comparison, we’re focusing on Geico and State Farm: two of the largest car insurance companies in the country.

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Geico vs. State Farm: Which Is Cheaper?

Geico and State Farm are very close competitors when it comes to their average car insurance rates across the country. With an average rate of $3,215, Geico has a slight advantage. State Farm’s average car insurance rate is $3,260, only $45 more.

How We Did This Comparison

U.S. News worked with Quadrant Information Services to provide a report of average insurance rates in all 50 states from the 10 largest national car insurance companies. The rates are based on profiles for both male and female drivers aged 17, 25, 35, and 60. Vehicles used include the 2018 Honda Civic, 2018 Toyota RAV4, 2018 Ford F-150, 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150, with annual mileage of 6,000 and 12,000. Three car insurance coverage levels were used, as were credit tiers of good, fair, and poor. Clean driving records and records with one accident, one speeding violation, and one DUI were also used in the calculations. The rates shown here are for comparative purposes only. Individual rates will differ.

We also surveyed 2,799 consumers who filed a car insurance claim in the last five years, asking questions about their car insurance company. These questions covered satisfaction with the ease of filing a claim, customer service, claim status communication, claim resolution, and overall value. We also asked whether they’d recommend the company and if they planned to renew their policy. We used their responses to build our Best Car Insurance Companies ranking and this head-to-head comparison.

Geico

  • Good customer satisfaction
  • Cheap average annual rates

State Farm

  • Easy to file a claim
  • Cheap average annual rates

Geico Auto Insurance Information

The Geico gecko tells us that 15 minutes could save you 15 percent on car insurance, and the company does generally have lower rates than many of the top nationwide insurance companies. As part of Berkshire Hathaway, Geico has 12.83 percent of the auto insurance market as of 2017. It’s the second-largest insurer in the country after State Farm.

Geico is also a step behind State Farm in our survey results, at No. 4 out of 10. Respondents found it easy to file a claim, and two-thirds of respondents would recommend Geico car insurance to others. Additionally, 70 percent said they would renew their auto policy with Geico.

State Farm Auto Insurance Information

State Farm is the reigning insurance champ with the largest market share: 18.13 percent at the end of 2017. Geico gained market share in 2017, while State Farm dropped .17 points, but State Farm still has the biggest piece of the market pie.

According to those who took our survey, State Farm did best with the ease of filing a claim. Customer service was a very close second. About 60 percent would recommend State Farm car insurance to others, and three in four would renew their auto policy.

Geico and State Farm Car Insurance: Which Is Cheapest for Teens?

Company

Single 17-year-old female

Single 17-year-old male

Geico

$5,653.55

$6,278.96

State Farm

$5,953.88

$7,324.34

Teens get slightly cheaper car insurance rates on average from Geico. A 17-year-old female averages $5,653 with Geico and $5,953 with State Farm, a difference of $300. Young male drivers are more likely to get into accidents, and their average rates reflect that. A 17-year-old male driver has an average rate of about $6,280 with Geico and $7,325 with State Farm. That’s a difference of more than $1,000.

Good students could close that rate gap. State Farm offers a 25 percent discount for good grades, while Geico offers 15 percent for students with a B average or better. For young female drivers who qualify for those discounts, State Farm’s average rate would then be lower than Geico’s by about $350.

Geico and State Farm Car Insurance: Which Is Cheapest for Men?

Company

Single 25-year-old male

Married 35-year-old male

Married 60-year-old male

Geico

$2,262.87

$2,312.38

$2,283.45

State Farm

$2,554.56

$2,081.72

$1,873.89

As drivers age and gain experience behind the wheel, car insurance rates drop. For a 25-year old male, the average rate drops to $2,263 with Geico and $2,555 with State Farm. Interestingly, this is the only age demographic where State Farm's average rates are more expensive than Geico’s, in this case by nearly $300.

Rates don’t change drastically after men turn 25. The average auto insurance rate for a 35-year-old male driver with Geico is about $2,263, while State Farm’s averages are identical for both males and females at this age: $2,082. In each case, rates are about $230 less on average with State Farm.

When men turn 60, car insurance rates drop only a bit with each of these companies. Males pay an average of $2,283 at Geico. Again, State Farm has identical rates for male and female drivers: about $1,875. That’s an average of $400 less than Geico’s rates for males.

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Geico and State Farm Car Insurance: Which Is Cheapest for Women?

Company

Single 25-year-old female

Married 35-year-old female

Married 60-year-old female

Geico

$2,378.89

$2,302.89

$2,247.06

State Farm

$2,335.96

$2,081.72

$1,873.89

Twenty-five-year-old female drivers pay an average of $2,379 for car insurance with Geico and $2,336 with State Farm – a difference of only about $40.

State Farm’s average rates for car insurance are the same for both males and females after age 35, and they are lower than Geico’s. At 35 years old, female drivers pay an average of $2,303 with Geico and $2,082 with State Farm, about $220 less.

A 60-year-old female pays $2,247 on average with Geico, while at State Farm the rate is about $1,875. That’s about $375 less than Geico’s average rates.

Geico and State Farm Car Insurance: Which Is Cheapest for High Mileage?

Company

12,000 miles annually

Geico

$3,267.37

State Farm

$3,344.01

Car insurance rates from these two companies are very close for those who drive 12,000 miles each year. Geico’s average rate for these drivers is $3,267. At State Farm, the average is $3,344. Only about $75 separates the two, with State Farm being a bit more expensive.

Geico and State Farm Car Insurance: Which Is Cheapest for Low Mileage?

Company

6,000 miles annually

Geico

$3,162.64

State Farm

$3,175.98

 Auto insurance rates are even closer for those who drive less. Drivers who put 6,000 miles on the odometer each year, pay an average rate of $3,163 with Geico and $3,176 with State Farm. That’s a measly $13 difference.

Geico and State Farm Car Insurance: Which Is Cheapest for Good Credit?

Company

Good credit

Geico

$2,434.82

State Farm

$2,174.26

Drivers with good credit see the most competitive car insurance rates. Geico's average rate for these drivers is about $2,535, while State Farm’s is $2,175. That’s about $260 less than the gecko’s rates.

Geico and State Farm Car Insurance: Which Is Cheapest for Bad Credit?

Company

Poor credit

Geico

$4,259.50

State Farm

$4,951.20

Geico’s auto insurance rates for drivers with poor credit are a little better than State Farm's, but they are still quite a bit higher than those for drivers with good credit. Geico’s average for those with poor credit is $4,260, about $1,800 more than its average for drivers with good credit.

State Farm’s average insurance rate for drivers with poor credit jumps to $4,951, about $2,775 more than its average for drivers with good credit. It’s also nearly $700 more than Geico’s car insurance rate for these drivers.

Geico and State Farm Car Insurance: Which Is Cheapest for Good Drivers?

Company

Clean record

Geico

$2,145.96

State Farm

$2,821.18

Geico’s average car insurance rate for drivers with a clean record is significantly less than State Farm’s. At Geico, the average is $2,146, while at State Farm it’s $2,821. That’s $675 more than Geico’s rate.

Geico and State Farm Car Insurance: Which Is Cheapest After a Speeding Ticket?

Company

With 1 speeding violation

Geico

$2,645.43

State Farm

$3,186.01

Drivers with a speeding ticket on their record will see their car insurance rise more at Geico, but the overall average rate is still lower than State Farm’s. Geico’s rate for drivers with a speeding violation is $2,643, adding about $500 to its rate for good drivers. State Farm’s rate for those with a ticket is $3,186, about $360 more than the average rate for a driver with a clean record.

Geico and State Farm Car Insurance: Which Is Cheapest After an Accident?

Company

With 1 accident

Geico

$3,192.77

State Farm

$3,396.01

Geico adds more to its average auto insurance rate after an accident, but State Farm’s average rate for the same driver is still higher. Geico's rate for a driver with an accident is $3,193, nearly $1,050 more than its average rate for those with a clean record. State Farm’s rate is only a little higher than Geico’s, at $3,396, and it’s only about $575 more than its average car insurance rate for a driver with a clean record.

Geico and State Farm Car Insurance: Which Is Cheapest After a DUI?

Company

With 1 DUI

Geico

$4,875.87

State Farm

$3,636.80

Geico saves its heaviest car insurance rate penalties for those with a DUI conviction. Its average rate jumps to $4,876 for drivers with a DUI – a whopping $2,730 more than its average rate for a driver with a clean record. State Farm’s average rate for those with a DUI also goes up, to $3,637. That’s about $815 more than its average clean-record rate. It’s also about $1,200 less than Geico’s rate.

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The Best Car Insurance Companies

This head-to-head comparison looks mainly at cost. For more information, check out our full ranking of the best car insurance companies and learn about what real customers say about Geico, State Farm, and their competitors.

Our Car Insurance Ranking:

  1. USAA
  2. Travelers
  3. State Farm
  4. Geico
  5. Farmers
  6. Nationwide
  7. Progressive
  8. Allstate
  9. Liberty Mutual
  10. American Family

The Cheapest Car Insurance Companies

For more information, check out our full list of the cheapest car insurance companies.

Average Annual Rates:

  1. USAA: $2,537.30
  2. Geico: $3,215.01
  3. State Farm: $3,260.00
  4. American Family: $3,443.09
  5. Nationwide: $3,450.00
  6. Progressive: $4,035.52
  7. Farmers: $4,194.27
  8. Travelers: $4,434.91
  9. Allstate: $4,887.95

Liberty Mutual car insurance rates are not currently available.