Farmers vs. Geico Car Insurance: Expert Recommended (2024)
In the comparison between Farmers and Geico car insurance, one company outshines the other with its blend of competitive rates, 24/7 customer service, and advanced digital tools.
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Michelle Robbins
Licensed Insurance Agent
Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
Licensed Insurance Agent
UPDATED: Mar 8, 2024
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Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
UPDATED: Mar 8, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
| Factor | Farmers | Geico |
|---|---|---|
| Clean Record | $139 | $80 |
| 1+ Ticket | $173 | $106 |
| 1+ Accident | $198 | $132 |
| DUI | $193 | $216 |
| Poor Credit | $239 | $138 |
*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver
| Discount | Farmers | Geico |
|---|---|---|
| Anti Theft | 15% | 15% |
| Good Student | 10% | 12% |
| Low Mileage | 10% | 23% |
| Paperless | 10% | 8% |
| Safe Driver | 5% | 10% |
| Senior Driver | 15% | 22% |
Pros:
- Discount Variety: Farmers offers a wide range of discounts, providing potential savings for policyholders.
- Claims Handling Options: Farmers allows policyholders to file claims conveniently through online, phone, or mobile app channels.
- Customer Satisfaction: Farmers has a high level of customer satisfaction with claims handling, according to feedback and reviews.
- Coverage Options: Farmers provides standard coverage options, meeting the needs of most drivers.
- Digital Tools: Farmers offers digital tools on their website to assist policyholders in making informed decisions.
Cons:
- Customer Service Hours: Farmers customer service has defined hours, limiting accessibility compared to Geico’s 24/7 service.
- Rates: While competitive, Farmers’ rates may not be as consistently low as Geico’s.
Geico
Pros:
- Low Rates: Geico is known for offering generally lower rates, making it a cost-effective choice for many drivers.
- 24/7 Customer Service: Geico provides round-the-clock customer service, offering convenience for policyholders.
- Mobile App Features: The Geico mobile app offers convenient tools for policy management and claims filing.
- Financial Ratings: Both Geico and Farmers have similar high financial ratings, indicating financial stability.
- Ease of Filing Claims: Geico , like Farmers, provides multiple channels for filing claims, ensuring flexibility.
Cons:
- Discount Variety: Geico offers fewer discounts compared to Farmers, potentially limiting savings opportunities.
- Customer Satisfaction: While Geico has good ratings, individual experiences may vary, and some may prefer Farmers’ higher satisfaction in claims handling.
- Customer Service Accessibility: While available 24/7, Geico customer service might be busier during peak hours.
The Clear Winner – Geico
When it comes to choosing the best car insurance company between Farmers and Geico, a decisive winner emerges based on a comprehensive evaluation of rates and offerings.
Geico stands out as the superior choice for several reasons:
Low Rates: Geico consistently offers lower rates, making it an attractive option for budget-conscious drivers. The emphasis on affordability without compromising coverage is a key advantage.
24/7 Customer Service: Accessibility is crucial, and Geico’s 24/7 customer service ensures that policyholders can get assistance at any time, providing unparalleled convenience.
Mobile App Features: Geico’s user-friendly mobile app offers advanced features for policy management and claims filing, enhancing the overall customer experience in the digital age (read our “Geico Mobile App: Complete Guide & Review” for more information).
Financial Stability: Both Geico and Farmers boast high financial ratings, indicating stability. However, Geico’s consistently lower rates contribute to a more cost-effective and sustainable long-term choice for customers.
Ease of Filing Claims: Geico, like Farmers, provides multiple channels for filing claims, ensuring flexibility and a hassle-free claims process.
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Farmers vs. Geico: Comparing Car Insurance Rates
When comparing Farmers vs. Geico car insurance rates, you will notice that they can be quite similar. However, it is significant to note that your projected rates can differ depending on many factors. Some of these factors, which are covered in the sections below, can greatly affect your Farmers vs. Geico car insurance quotes.
Farmers or Geico: Which is cheapest by state?
There are some states out there that pay much more in insurance rates than others. See where your state falls in the chart below.
Farmers Vs. Geico Average Annual Car Insurance Rates by State
| State | Farmers Average Annual Rates | Geico Average Annual Rates |
|---|---|---|
| Alaska | Data Not Available | $2,879.96 |
| Alabama | $4,185.80 | $2,866.60 |
| Arkansas | $4,257.87 | $3,484.63 |
| Arizona | $5,000.08 | $2,264.71 |
| California | $4,998.78 | $2,885.65 |
| Colorado | $5,290.24 | $3,091.69 |
| Connecticut | Data Not Available | $3,073.66 |
| District of Columbia | Data Not Available | $3,692.81 |
| Delaware | Data Not Available | $3,727.29 |
| Florida | Data Not Available | $3,783.63 |
| Georgia | Data Not Available | $2,977.20 |
| Hawaii | $4,763.82 | $3,358.86 |
| Iowa | $2,435.72 | $2,296.16 |
| Idaho | $3,168.28 | $2,770.68 |
| Illinois | $4,605.20 | $2,779.16 |
| Indiana | $3,437.55 | $2,261.07 |
| Kansas | $3,703.77 | $3,220.65 |
| Kentucky | Data Not Available | $4,633.59 |
| Louisiana | Data Not Available | $6,154.60 |
| Maine | $2,770.15 | $2,823.05 |
| Maryland | Data Not Available | $3,832.63 |
| Massachusetts | Data Not Available | $1,510.17 |
| Michigan | $8,503.60 | $6,430.11 |
| Minnesota | $3,137.45 | $3,498.54 |
| Missouri | $4,312.19 | $2,885.33 |
| Mississippi | Data Not Available | $4,087.21 |
| Montana | $3,907.55 | $3,602.35 |
| North Carolina | Data Not Available | $2,936.69 |
| North Dakota | $3,092.49 | $2,668.24 |
| Nebraska | $3,997.29 | $3,837.49 |
| New Hampshire | Data Not Available | $1,615.02 |
| New Jersey | $7,617.00 | $2,754.94 |
| New Mexico | $4,315.53 | $4,458.30 |
| Nevada | $5,595.56 | $3,662.09 |
| New York | Data Not Available | $2,428.24 |
| Ohio | $3,423.01 | $1,867.19 |
| Oklahoma | $4,142.40 | $3,437.34 |
| Oregon | $3,753.52 | $3,220.12 |
| Pennsylvania | Data Not Available | $2,605.22 |
| Rhode Island | Data Not Available | $5,602.63 |
| South Carolina | $4,691.85 | $3,178.01 |
| South Dakota | $3,768.80 | $2,940.29 |
| Tennessee | $3,430.07 | $3,283.42 |
| Texas | Data Not Available | $3,263.28 |
| Utah | $3,907.99 | $2,965.57 |
| Virginia | Data Not Available | $2,061.53 |
| Vermont | Data Not Available | $2,195.71 |
| Washington | $2,962.00 | $2,568.65 |
| West Virginia | Data Not Available | $2,120.80 |
| Wisconsin | $3,777.49 | $3,926.20 |
| Wyoming | $3,069.35 | $3,496.56 |
Read more:
- Best Indiana Car Insurance
- Best Kentucky Car Insurance
- Best Montana Car Insurance
- Best New Jersey Car Insurance
- Best North Carolina Car Insurance
- Best Oregon Car Insurance
- Best Pennsylvania Car Insurance
- Best South Carolina Car Insurance
- Best Utah Car Insurance
- Best South Dakota Car Insurance
- Best Wisconsin Car Insurance
- Best Mississippi Car Insurance
- Best North Dakota Car Insurance
- Best Iowa Car Insurance
As you can see, some of the highest rates are paid in the state of Michigan.
Farmers or Geico: Which is cheapest by driving record?
If you have a clean driving record, then your rates will likely be lower. Check out the chart below for a few examples of this.
Farmers vs. Geico Average Annual Car Insurance Rates by Driving Record
| Driving Record | Farmers Average Annual Rates | Geico Average Annual Rates |
|---|---|---|
| Clean Record | $3,460.60 | $2,145.96 |
| With One Accident | $4,518.73 | $3,192.77 |
| With One DUI | $4,718.75 | $4,875.87 |
| With One Speeding Violation | $4,079.01 | $2,645.43 |
Those with a DUI on their driving record often pay much higher auto insurance rates, no matter which company you go with.
Farmers or Geico: Which is the cheapest by age and gender?
Age is still a factor when determining rates for most auto insurance companies, however, it is illegal to base rates on gender in several states, including Hawaii, Massachusetts, Montana, Pennsylvania, and North Carolina.
Farmers Vs. Geico: Average Annual Car Insurance Rates by Age, Gender, and Marital Status
| Age, Gender, and Marital Status | Farmers Average Annual Rates | Geico Average Annual Rates |
|---|---|---|
| Married 35-year old female | $2,556.98 | $2,302.89 |
| Married 35-year old male | $2,557.75 | $2,312.38 |
| Married 60-year old female | $2,336.80 | $2,247.06 |
| Married 60-year old male | $2,448.39 | $2,283.45 |
| Single 17-year old female | $8,521.97 | $5,653.55 |
| Single 17-year old male | $9,144.04 | $6,278.96 |
| Single 25-year old female | $2,946.80 | $2,378.89 |
| Single 25-year old male | $3,041.44 | $2,262.87 |
There are many reasons auto insurance companies charge more for younger drivers, according to the Insurance Information Institute.
Assessing Claims Handling: Farmers vs. Geico Car Insurance
Ease of Filing a Claim
When it comes to the claims process for Farmers vs. Geico car insurance, both companies offer convenient options for filing a claim. Customers can choose to file a claim online through their respective websites, over the phone by contacting their customer service teams, or by using mobile apps designed for easy claims submission.
These flexible options make it convenient for policyholders to report accidents and initiate the claims process according to their preferences.
Average Claim Processing Time
The speed at which an insurance company processes claims is crucial for policyholders during stressful times. While the exact claim processing times may vary depending on the nature of the claim and individual circumstances, both Farmers and Geico have mechanisms in place to handle claims efficiently.
However, it’s advisable to check with each company for specific information regarding their average claim processing times in your region.
Customer Feedback on Claim Resolutions and Payouts
Customer feedback provides valuable insights into the quality of service provided by insurance companies during the claims process. It’s essential to consider policyholders’ experiences when evaluating Farmers and Geico. Both companies have garnered feedback from customers regarding their claim resolutions and payout processes.
To make an informed decision, you can explore customer reviews and ratings to gauge the overall satisfaction of policyholders with how their claims were handled.
Read more:
- How long does it typically take for Geico to process a car insurance claim?
- How long does it typically take for Farmers to process a car insurance claim?
Comparing the Technological Offerings of Farmers vs. Geico Car Insurance
Mobile App Features and Functionality
In today’s digital age, insurance companies offer mobile apps that provide policyholders with convenient tools and features. Farmers and Geico have developed mobile apps that allow customers to manage their insurance policies, access important documents, and even file claims directly from their smartphones.
The functionality and user-friendliness of these apps can significantly impact the overall customer experience.
Online Account Management Capabilities
Online account management is an essential aspect of modern insurance services. Both Farmers and Geico offer online account management capabilities that enable policyholders to view and update their policies, make payments, and access policy documents with ease. These online portals provide customers with convenient self-service options for managing their insurance accounts.
Digital Tools and Resources
To assist policyholders in making informed decisions and staying informed about their insurance coverage, both Farmers and Geico provide digital tools and resources on their respective websites. These tools may include coverage calculators, educational resources, and FAQs.
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Farmers vs. Geico: Ratings and Customer Satisfaction
While Geico and Farmers are both reputable companies, they do have slightly different financial ratings and customer reviews. Additionally, the Geico customer service office is available 24/7 while Farmers is available from 7:00 am to 11:00 pm CST on Monday-Friday and 8:00 am to 8:00 pm CST on Saturday and Sunday.
Additionally, both companies offer apps where you can pay bills, contact customer service, and more. To pay bills online you can easily create a Geico login or Farmers login via their respective websites.
What are Famers and Geico’s financial ratings?
Checking financial ratings is important for making sure that you are working with a reputable company. See how Geico and Farmers are rated in the chart below.
Farmers vs. Geico Financial Ratings
| Ratings Website | Farmers Ratings | Geico Ratings |
|---|---|---|
| A.M. Best | B++ (Good) | A++ |
| S&P | N/A | AA+ |
| Moody's | N/A | N/A |
| Better Business Bureau | A+ | A+ |
As you can see, both companies have similar financial ratings.
How do customers rate Farmers and Geico?
When it comes to ratings, it is also important to check each company’s Consumer Reports score, which is provided in the chart below.
Farmers vs. Geico Customer Satisfaction Ratings
| Review Company | Farmers Ratings | Geico Ratings |
|---|---|---|
| Consumer Reports | 89 | N/A |
| J.D. Power | 865 (About Average) | 879 (About Average) |
| Better Business Bureau | 1.46/5 stars | 1.14/5 stars |
While a Consumer Reports score for Geico couldn’t be found, they do show good scores from J.D. Power and the Better Business Bureau. For more information on each company’s customer ratings, check out our Geico Insurance review as well as our Farmers Insurance review.
Farmers vs. Geico: Car Insurance Coverage and Options
Let’s take a look at the kind of coverage offered by Farmers and Geico.
What are their coverage options?
When it comes to the basics, Geico and Farmers seem to offer similar options.
Farmers vs. Geico Coverage Types Offered
| Types of Coverage | Farmers Coverages | Geico Coverages |
|---|---|---|
| Bodily injury liability | x | x |
| Personal Injury Protection (PIP) | x | x |
| Property damage liability | x | x |
| Comprehensive | x | x |
| Collision | x | x |
| Uninsured/underinsured bodily injury | x | x |
| Uninsured/underinsured motorist property damage | x | x |
| Medical payments | x | x |
| Roadside assistance | x | x |
Each of the coverage options listed in the chart above is good to have with some being required, depending on where you live.
What discounts do Farmers and Geico offer?
Even if a company’s rates are out of your price range, you might find plenty of savings with the discounts they offer.
Farmers Vs. Geico Car Insurance Discounts Offered
| Discounts | Farmers Discounts Offered | Geico Discounts Offered |
|---|---|---|
| Adaptive Headlights | x | |
| Anti-lock Brakes | x | x |
| Anti-Theft | x | x |
| Daytime Running Lights | x | x |
| Electronic Stability Control | x | |
| Utility Vehicle | x | x |
| Vehicle Recovery | x | x |
| VIN Etching | x | |
| Lane Departure Warning | ||
| Newer Vehicle | x | x |
| Green Vehicle | x | |
| Claim Free | x | x |
| Continuous Coverage | x | x |
| Defensive Driver | x | x |
| Distant Student | x | x |
| Driver's Ed | x | x |
| Driving Device/App | x | |
| Early Signing | x | x |
| Emergency Deployment | x | |
| Family Legacy | x | x |
| Family Plan | x | |
| Farm Vehicle | x | x |
| Federal Employee | x | |
| Full Payment | x | x |
| Further Education | x | |
| Garaging/Storing | x | |
| Good Student | x | x |
| Homeowner | x | x |
| Low Mileage | x | x |
| Loyalty | x | |
| Membership/Group | x | |
| Military | x | |
| Multiple Policies | x | x |
| Multiple Vehicles | x | x |
| Occupation | x | x |
| On Time Payments | ||
| Paperless Documents | x | |
| Paperless/Auto Billing | x | |
| Passive Restraint | x | x |
| Safe Driver | x | x |
| Seat Belt Use | x | |
| Senior Driver | x | |
| Students & Alumni | x | |
| Switching Provider | x |
As you can see, Farmers offers a few more discount options than Geico. For exactly how much you can save contact an agent in your area for a Geico quote with discounts or Farmers quote with discounts. Geico provides a few policy discounts not offered by State Farm, including a 15% military discount and a 12% discount for federal employees at the Eagle level.
Read more: Farmers vs. State Farm Car Insurance: Expert Recommended
Farmers vs. Geico: Which company is best?
So, in your search for affordable car insurance, you’ve found yourself comparing Farmers vs. Geico. It’s hard to deny the low rates offered by GEICO, however, Farmers’ rates can be quite comparable in some areas. Farmers vs. Geico car insurance policies are similar and both have high financial ratings. Determining the perfect company between Farmers vs. Geico, all comes down to your specific car insurance needs.
Deciding on the best car insurance company for you is a personal matter. Your needs are unique, and the decision requires many considerations. You should request a quote from Geico, Farmers, and other insurance companies to get the exact cost of a policy that provides the coverage you require.
Both Farmers and Geico offer standard coverage that likely will suit your situation. Geico typically offers lower rates. However, Farmers‘ customer satisfaction with claims ranks higher among the major insurers.
Now that we’ve compared Farmers vs. Geico you should know all the important details about both. If you’re ready to shop for insurance, use our comparison tool below to easily compare rates from top companies in your area.
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Frequently Asked Questions
Which car insurance company is better: Farmers or Geico?
The choice between Farmers and Geico depends on your specific needs and preferences. Both companies are reputable and offer a range of car insurance products. It’s recommended to compare their coverage options, pricing, discounts, customer service, and any additional features to determine which one suits you better.
How can I compare the pricing of Farmers and Geico car insurance?
To compare pricing between Farmers and Geico car insurance, you can request quotes from both companies. Provide accurate information about your vehicle, driving history, and coverage needs to get an accurate estimate. Remember that pricing can vary depending on factors such as location, age, driving record, and the type of coverage you choose.
Are there any discounts available with Farmers and Geico car insurance?
Both Farmers and Geico offer various discounts that can help you save on your car insurance premiums. These discounts may include safe driver discounts, multi-policy discounts, multi-vehicle discounts, good student discounts, anti-theft device discounts, and more. It’s advisable to check with each company to understand the specific discounts they offer and if you qualify for any of them.
How is the customer service of Farmers and Geico?
Farmers and Geico are both well-known insurance companies with a strong customer service reputation. However, experiences can vary depending on individual circumstances and location. It may be helpful to read customer reviews, check ratings from independent agencies, and consider the overall reputation of the companies to assess their customer service quality.
Are you looking for free insurance quotes?
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Michelle Robbins
Licensed Insurance Agent
Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.