Compare GEICO vs. State Farm Car Insurance

What’s the difference between GEICO Car Insurance and State Farm Auto Insurance? See how our editors compare the two companies below.
Last Updated: June 19, 2018
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GEICO Car Insurance
9.5 / 10 - Excellent
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State Farm Auto Insurance
9.2 / 10 - Excellent
#7 in Car Insurance
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Key Facts

  • See How Much You Could Save with GEICO
  • Save up to $500 or more on car insurance
  • Discounts are available for over 850+ organizations & alumni associations
  • Obtain your quote online today - It's fast, easy & free!
  • Strong financial ratings
  • Good variety of discount options
  • Large number of local agents
  • Classic cars, motorcycle, and recreation vehicle insurance
  • Great coverage options
  • 24/7 claims reporting
  • Roadside assistance

OVERALL RATINGS

 GEICOState Farm
Coverage & Benefits9/1010/10
Pricing and Discounts10/109/10
Financial Strength10/109/10
Customer Experience9/109/10

Coverage Compared

Basic Coverage

GEICO
vs
State Farm
  • Bodily Injury Liability
  • Property Damage Liability
  • Collision
  • Comprehensive
  • Personal Injury
  • Medical Payments
  • Uninsured/Underinsured Motorist
  • Bodily Injury Liability
  • Property Damage Liability
  • Collision
  • Comprehensive
  • Medical Payments
  • Uninsured/Underinsured Motorist

Additional Coverage

GEICO
vs
State Farm
  • Rental Reimbursement
  • Towing & Labor Cost
  • Rental Reimbursement
  • Towing & Labor Cost

What do their customers think?

National Association of Insurance Commissioners

 GEICOState Farm
NAIC Complaint Ratio 2016
0.56
2.58
NAIC Total Complaints 2016
297
9,444
*The NAIC Car Insurance complaint ratio (in this case 0.56) is a ratio of the number of complaints a company received to the its total premiums written in a calendar year. The median complaint ratio across all Car Insurance companies is 1. A score below 1 means the company received fewer than average complaints. A score above 1 means the company received a higher number of complaints than average.
*The NAIC Car Insurance complaint ratio (in this case 2.58) is a ratio of the number of complaints a company received to the its total premiums written in a calendar year. The median complaint ratio across all Car Insurance companies is 1. A score below 1 means the company received fewer than average complaints. A score above 1 means the company received a higher number of complaints than average.

Customer Ratings

 GEICOState Farm
Trust Pilot Rating
6.9 out of 10
7.5 out of 10
BBB Rating
B
Number of BBB Positive Reviews
3
Number of BBB Neutral Reviews
4
Number of BBB Negative Reviews
163
Date Collected
2017-10-12
2017-10-10

Comparing Financial Stregnth

Key Details

 GEICOState Farm
Underwriter
Berkshire Hathaway Group
State Farm Mutual Automobile Insurance Company
Premiums Written 2016
$25,531,762,332
$39,194,660,434
Marketshare 2016
11.92%
18.3%
AM Best Financial Rating
A++
A++
Moody's Financial Rating
Aa3
A2
Standard & Poor's Financial Rating
AA
AA
*The above information reflects the financial strength of the underwriter of the GEICO car insurance policies: Berkshire Hathaway Group.
*The above information reflects the financial strength of the underwriter of the State Farm car insurance policies: State Farm Mutual Automobile Insurance Company.

Pricing & Discounts

 GEICOState Farm
Per Mile Pricing Available?

Discounts

GEICO
vs
State Farm
  • Multiple Vehicle
  • Safe Driver
  • Anti-Theft
  • Vehicle Safety
  • Student
  • Bundled Policy
  • Multiple Vehicle
  • Safe Driver
  • Anti-Theft
  • Vehicle Safety
  • Homeowner
  • Student
  • Bundled Policy

Additional Discounts

GEICO
vs
State Farm
  • Group Savings (unions, etc)

Contact & Additional Information

 GEICOState Farm
Homepage URL
Company Phone
(800) 207-7847
(800) 782-8332
Headquarters Address
One GEICO Plaza, Bethesda, MD, 20810
One State Farm Plaza, Bloomington, IL, 61710
Year Founded
1936
1922

Final Verdict

GEICO Car Insurance has a higher overall rating than State Farm Auto Insurance. GEICO scores better than State Farm across: Pricing and Discounts, and Financial Strength. However, State Farm scores better on Coverage & Benefits. Both companies score similarly on Customer Experience.


Customer Comments & Reviews

T
tlvpav@gmai.com
Springfield, Oregon
12/22/2017
GEICO Car Insurance review
This has been a nightmare for me. A month has gone by, they just started a claim against the uninsured driver who hit MY parked car, and they say I don't have basic insurance coverage ? I'm making double car payments now, when this uninsured driver totalled my car !!


A
Allison
Cathedral City, California
1/6/2017
GEICO Car Insurance review
Excellent customer service and have always been a great help for us when things have gone wrong with vehicles