Get Cheap Car Insurance Quotes in Your Area

Get great auto insurance coverage at an even better price.

Geico Car Insurance vs. State Farm Car Insurance: Which Is Better?

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.

Pattanaphong Khuankaew / EyeEm / Getty Images

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 nine 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.

The Cheapest Car Insurance Companies

Average Annual Rates:

Geico and State Farm Car Insurance Rates

Our study found that Geico and State Farm are two of the more affordable competitors when it comes to average representative car insurance rates across the country, with both landing in the top five of the nine insurers we looked at. With an average study rate of $1,063, for our driver profiles, Geico was the better deal, second only to USAA. With State Farm, we found an average car insurance representative rate of $1,260, roughly $200 more. 

Though this comparison focuses mainly on car insurance rates, we also looked at how satisfied car insurance customers were with their auto insurance company. 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.

How We Did This Comparison

At U.S. News, we’re all about helping people make life’s important decisions. Our college rankings, launched in 1983, set the standard in educational rankings. Our ranking in other fields, like healthcare, government, and the automotive sphere, help people and thought leaders make choices that make lives better. Now we’re continuing to empower you with the information you need to make the right choices for your life with our Best Car Insurance Rankings. 

We 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.

Our Study Rates

To get comparative insurance rates for this study, U.S. News also worked with Quadrant Information Services to analyze a report of insurance rates in all 50 states from the 10 largest national car insurance companies, though not every company operates in every state. Quadrant obtained publicly available rate data that car insurers file with state regulators. Our study rates are based on profiles for both male and female drivers aged 25, 35, and 60. Vehicles used include the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford-F-150, with annual mileage ranging from 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 of certain driver archetypes. To get the state-wide study rates shown here, we computed the mean rate for male and female drivers ages 24, 35 and 60 who drive 15,000 miles per year, have medium coverage, good credit and a clean driving record. The rates shown here are for comparative purposes only and should not be considered “average” rates available by individual insurers. Because car insurance rates are based on individual factors, your car insurance rates will differ from the rates shown here.

Geico vs. State Farm: Pros & Cons

Geico

    • Good customer satisfaction

    • Cheap average annual rates

    • Costs more for profiles with poor driving history

State Farm

    • Easy to file a claim

    • Lower study rates following an accident or a DUI

    • More expensive for most driver profiles

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 Men? 

As drivers age and gain experience behind the wheel, car insurance rates drop. For our 25-year-old male profiles, we found an average representative rate of $1,120 with Geico and $1,501 with State Farm. That works out to a savings of almost $400 annually with Geico.

Geico remained the cheaper choice for our older driver profiles, but the difference in study rates narrowed with age. The average auto insurance rate in our analysis for our 35-year-old male driver profiles with Geico was $1,057, and $1,237 with State Farm. For this demographic, we found a smaller but still significant advantage of about $180 with Geico. 

For our 60-year-old male profiles, representative rates continued to fall but the difference from the average cost for a 35-year old was less than $100 with either company. Rates in our study for our 60-year old-male profiles averaged $998 with Geico, and $1,125 with State Farm – an advantage of about $130 with Geico. 

To compare rates by age and gender between insurers, we created driver profiles for males and females in each of the following ages: 25 years, 35 years, and 60 years. The profiles also have a clean driving record, insurance coverage for 12,000 miles per year, a medium level of insurance coverage, and a good credit score. We used three vehicles for our driver profiles: the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Company

25-year-old male

35-year-old male

60-year-old male

Geico

$1,120.01

$1,057.20

$998.26

State Farm

$1,501.23

$1,237.06

$1,124.88

Compare Car Insurance Quotes

Get free personalized quotes with one simple form.

Powered By

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

Just as we found for young males, Geico was cheaper than State Farm for our 25-year-old female profiles. But contrary to what you might think, we found slightly higher study rates with Geico for females than males in this group. The average car insurance representative rate for our 25-year-old female profiles with Geico was $1,160, about $40 more than we found for males of the same age. But that’s still about $215 less than the $1,373 average we saw with State Farm for a 25-year old female profile. 

We found that State Farm’s average representative rates for car insurance were the same for both male and female profiles after age 35, but they were still higher than Geico. For our 35-year-old female profiles, the average study rate with Geico was $1,032. That’s about $205 less than the $1,237 we found with State Farm. For our 60-year-old female profiles, the average representative rate was $973 with Geico and $1,125 with State Farm. That’s an annual advantage of about $150 with Geico. 

We used driver profiles in the ages of 25, 35, and 60 to find out if Geico or State Farm offers lower rates to female driver profiles. The profiles have a clean driving record, insurance coverage for driving up to 12,000 miles per year, a medium level of insurance coverage, and a good credit score. We used three vehicles for our driver profiles: the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Company

25-year-old female

35-year-old female

60-year-old female

Geico

$1,160.30

$1,031.61

$972.89

State Farm

$1,373.10

1,237.062

$1,124.88

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

Car insurance rates from these two companies are very close for the profile who drive 12,000 miles each year. Geico’s average study rate for these driver profiles is $1,063. At State Farm, the average is $1,260. That's a difference of about $200.

To compare rates based on annual miles driven, we created driver profiles for males and females in each of the following ages: 25 years, 35 years, and 60 years. The profiles also have a clean driving record, insurance coverage for 12,000 miles per year, a medium level of insurance coverage, and a good credit score. We used three vehicles for our driver profiles: the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Company

12,000 miles annually

Geico

$1,063.10

State Farm

$1,260.12

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

Auto insurance rates are even closer for those who drive less. Driver profiles who put 6,000 miles on the odometer each year, pay an average study rate of $1,005 with Geico and $1,138 with State Farm.

We analyzed the different representative rates charged by Geico and State Farm to driver profiles with low mileage (only 6,000 per year).The profiles covered males and females in the 25-, 35-, and 60-year-old age groups with a medium level of insurance coverage, a good credit score, and a clean driving record. The vehicles used in our study are the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Company

6,000 miles annually

Geico

$1,004.62

State Farm

$1,137.50

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

Your credit score can have a big impact on your car insurance rates, amounting to a difference of hundreds of dollars per year. Drivers with good credit see the most competitive car insurance rates. Geico's average study rate for our driver profiles for this group was about $1,041, while the average representative rate with State Farm’s was $1,260. That’s about $220 more than Geico.

To compare the rates between companies based on credit score, we used representative rates for male and female driver profiles with ages of 25 years, 35 years, and 60 years. We created a profile for each level of credit score (good, fair, and poor) and assigned the profiles a clean driving record, a good credit score, a medium level of insurance coverage, and 12,000 miles of annual mileage. The 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150 are the vehicles used in our analysis. 

Company

Good credit

Geico

$1041.20

State Farm

$1,259.74

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

Here, our study found a big advantage for Geico, with representative rates about $1,000 less than State Farm on average for our driver profiles with poor credit. We found an average study rate for this group of $1,853 with Geico, compared to $2,815 with State Farm. 

To verify that a bad credit can impact car insurance rates, we created driver profiles insured through Geico and State Farm with a poor credit score. The profiles were based on 25-, 35-, and 60-year-old males and females with 12,000 miles of driving per year, a clean driving history, and a medium level of insurance coverage. Vehicles used in the analysis are the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Company

Poor credit

Geico

$1,853.45

State Farm

$2,815.36

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

Maintaining a clean driving record is one of the best ways to save on auto insurance. Insurance companies are happiest when they don’t have to pay claims, so they reward accident-free drivers with lower auto insurance rates. 

Geico’s average car insurance study rate for driver profiles with a clean record is significantly less than State Farm’s. At Geico, the average is $1,063, while at State Farm it’s $1,260. That’s $200 more than Geico’s representative rate.

Our study compared rates through State Farm and Geico to find out which insurer has better rates for driving profiles with a clean record. These driving record representative profiles were based on 25-, 35-, and 60-year-old males and females with 12,000 miles of driving per year, a medium level of insurance coverage, and a good credit score. Vehicles used in the analysis are the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Company

Clean record

Geico

$1,063.10

State Farm

$1,260.12

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

Geico proved to be the more affordable choice for our driver profiles with a clean driving record across most demographic groups, but we found the company to be less forgiving than State Farm for some offenses. For our driver profiles with a speeding ticket on their record, Geico's rate hike was steeper than with State Farm, but Geico's study rates were still cheaper. 

We found an average representative rate with Geico for driver profiles with a speeding violation was $1,356, adding almost $300 to the rate for good driver profiles. State Farm’s average rate in our analysis for this group was $1,409. That’s about $50 more than Geico, but only about half as big an increase over driver profiles with a clean record. 

For this comparison, these driving record representative profiles were based on 25-, 35-, and 60-year-old males and females with 12,000 miles driven per year, a medium level of insurance coverage, and a good credit score. Vehicles used in the analysis were a 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Company

With 1 speeding violation

Geico

$1,356.10

State Farm

$1,408.71

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

For driver profiles with one accident on their record, Geico was more expensive than State Farm. We saw an average study rate of $1,691 for this group with Geico, or about $600 more than its average representative rate for those with a clean record. At $1,502, State Farm’s study rate for this group was about $190 less, and only about $242 more than its average car insurance study rate for driver profiles with a clean record.

To compare the rates offered by Geico and State Farm to driving profiles with an accident on their driving history, we used male and female profiles in each of the following ages: 25 years, 35 years, and 60 years. The profiles also have a clean driving record, insurance coverage for driving up to 12,000 miles per year, a medium level of insurance coverage, and a good credit score. We used three vehicles for our driver profiles: the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Company

With 1 accident

Geico

$1,691.06

State Farm

$1,501.96

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

Our study found that Geico saves its heaviest car insurance rate penalties for driver profiles with a DUI conviction. Its average study rate jumped to $2,806 for driver profiles with a DUI – a whopping $1,740 more than its average representative rate for our profiles with a clean record. State Farm’s average rate in our analysis for this group also went up, to $1,692. That’s about $430 more than the average for our driver profiles with a clean record. It’s also about $1,115 less than Geico.

We analyzed car insurance rates for a driver profiles with a DUI. These profiles were males and females aged 25-, 35-, and 60-years old. They had a good credit score, a medium level of insurance coverage, and 12,000 miles of driving per year. The 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150 are the vehicles used in our analysis.

Company

With 1 DUI

Geico

$2,805.50

State Farm

$1,692.09

Get Cheap Car Insurance Quotes in Your Area

Get great auto insurance coverage at an even better price.

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. American Family

The Cheapest Car Insurance Companies

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

Average Annual Rates: