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Allstate vs. GEICO

Comparing insurance rates is the easiest way to save money on auto insurance. Most insurance coverage terms are regulated by State or Federal laws, allowing consumers like you to get an “apples to apples” comparison fairly quickly if you acquire a free quote from each of them. It’s all about doing your own head to head comparison and encouraging insurance carriers to compete with one another to obtain your business.

That’s where a site like ours can be so helpful. At General we work each day to find ways to make it even easier for you to get multiple free quotes from insurance companies including GEICO and Allstate, tailored to your own local zip code as the fastest and easiest way to find out which auto insurance company is best for you specifically!

Let’s Start With Allstate Insurance

The Allstate Corporation is the full name of the company, but it is known nationally by the shorter and friendlier nickname Allstate Insurance. Allstate is an American insurance company located in the United States, founded in 1931 as part of Sears, Roebuck and Co., but it was later independently spun-off in 1993 after sixty years of working in conglomeration. Today, Allstate Insurance is headquarters in Northfield Township, Illinois where it has been centered since 1967.

Already one of the largest companies in the United States, Allstate published 2018 revenue of $39.8 billion, earning it a rank of 79th on the prestigious Fortune 500 list of the largest US corporations. That size and wealth is important because it helps to assure you that if you are even involved in a car accident or need repairs to your vehicle for any other reason, Allstate Insurance is likely to remain solvent and capable of handling your claim correctly no matter how small or big it becomes.

The Allstate Insurance company is perhaps best known now for its recent ad campaigns, that started in 2004 and continue to the present day asking the rhetorical question “Are you in good hands?” and responding “You’re in good hands with Allstate.”

Save Money With Allstate Insurance Discounts

Another very important thing to know is that insurance companies, including Allstate, charge different rates to different people – even when you are each getting the exact same insurance coverage. Rates can vary for many reasons including, the population density where you reside, your age, the kind of vehicle you drive, your past driving history, affiliations like being a retired military veteran and more. Getting the lowest price on your auto insurance means getting a free quote each year and updating all of your information each time to guarantee the lowest price will always be available to you.

General is here to help by simplifying the free quote process and speeding up the time it takes to get your own policy evaluated by insurance professionals when you are ready, right now!

Driver profile Allstate average rates Geico average rates
Male teen $2,137 $1,492
Male adult $1,819 $1,204
Male senior $1,468 $1,088
Driver profile Allstate average ratescom Geico average rates
Female teen $1,889 $1,460
Female adult $1,759 $1,200
Female senior $1,447 $1,079

What About GEICO for auto insurance?

GEICO is actually an acronym for The Government Employees Insurance Company. Leo Goodwin Sr. and his wife Lillian Goodwin as a way to offer auto insurance directly to federal government employees and their families originally founded the company in 1936.

Mr. Goodwin had worked for USAA as an insurer who specialized in insuring only military personnel since 1925, when he decided to start his own company with a similar business model. USAA targeted military families as customers, and Goodwin believed federal employees, as a group, were less risky and more financially stable than the general public, at the time he was correct and GEICO grew quickly thanks to the lower rates it offered and the small number of claims its clients initiated.

Today GEICO insurance covers all Americans, and is based in Chevy Chase, Maryland. It has become the second largest auto insurer in the United States and is now a wholly owned subsidiary of Berkshire Hathaway (the company presided over by billionaire investor Warren Buffet). GEICO provided insurance coverage for more than 24 million motor vehicles, owned by more than 15 million policy holders as of 2017 (the last year on official record) and is a very stable company according to all the financial institutions that grade insurance companies based on solvency.

Getting the lowest auto insurance price from GEICO

As with any auto insurance carrier, getting the lowest price is all about being vigilant. You do need to maintain a safe driving history, check for discounts and special offers the company makes available from time to time, and as always that starts with getting your own free car insurance quotes right now. The only real way to find out if you are paying the lowest price is by getting updated prices from GEICO and other insurance carriers on a regular basis. Why wait and allow insurance companies to raise your rates when you could shop for the cheapest auto insurance with the exact same coverage by coming here to General and clicking a few buttons on our website? Saving money on GEICO insurance has never been easier than it is for you right now!

Allstate Insurance vs. GEICO Insurance Best Rates Available

It would be overly simplistic to say that Allstate has the lowest auto insurance rates, or that GEICO has the best rates available for you right now. That’s because each insurance quote varies based on so many factors specific to you. Are you insuring just one vehicle or do you have other cars, boats, homes and more you want to insure as well? Which state do you and your cars reside in right now? Are your automobiles new, leased or older models?

Discounts Allstate Insurance Geico Insurance Company
Accident free
Bundling policies
Defensive driving course
First Responders
Good driver
Good student
Low mileage
Multiple vehicles
New car
Pay in full
Safe vehicle
Telematics program
Additional Features Allstate Insurance Geico Insurance Company
Rideshare coverage
Roadside assistance
Usage-based insurance

The Bottom Line On Car Insurance Savings

Only when all of these variables are included in the information request can anyone truly answer whether Allstate auto insurance or GEICO car insurance would be your best choice for cheap insurance coverage on your vehicles. That’s why General.com is such an important part of the process. We simplify getting free quotes from many insurance companies based on all of your actual data, and that makes it easier for you to do your own head to head analysis. Once you compare prices and coverages, the right choice becomes obvious and you usually end up saving a lot of money!

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