GEICO and Liberty Mutual are major companies with longstanding reputations in the car insurance industry. Both companies provide drivers with policies that offer unlike benefits and at varying costs. Continue reading for our comparison of these democratic insurers .
For more information about these companies, check out our GEICO car policy review and Liberty Mutual car policy review .
GEICO and Liberty Mutual Auto Insurance Coverage
GEICO and Liberty Mutual offer basic car indemnity coverage such as :
- Liability
- Collision
- Comprehensive
- Uninsured and underinsured motorist
- Personal injury protection (PIP)
Our article on common types of car insurance gives more information about standard coverage .
Additional Coverage
extra features and products from GEICO and Liberty Mutual may be available as add-ons to basic coverage. Some types of insurance coverage might not be available in every submit .
- Roadside assistance and towing
- Rental car reimbursement
- Medical payments
- Car replacement coverage
- Supplemental rideshare insurance
Average Insurance Rates from GEICO and Liberty Mutual
insurance companies use formulas with many variables to determine their rates. In summation to driving history, the driver ’ south age, annual miles traveled, geographic location, sex, marital status, vehicle character, and credit history are among the factors that influence the overall insurance monetary value .
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GEICO is known for its cheap insurance rates. According to The Zebra, the average monthly premium cost with GEICO is less than $ 100. Liberty Mutual coverage is in the higher range in the car indemnity cost spectrum. Its median monthly price is $ 144 .
This board compares average annual premiums between GEICO and Liberty Mutual by age tier .
| Age Group | GEICO | Liberty Mutual |
| Teens | $3,508 | $6,559 |
| 20s | $1,438 | $2,686 |
| 30s | $1,218 | $1,942 |
| 40s | $1,189 | $1,926 |
| 50s | $1,160 | $1,793 |
| 60s | $1,065 | $1,746 |
source : The Zebra
Premium Discounts from GEICO and Liberty Mutual
GEICO and Liberty Mutual policyholders have the opportunity to reduce their premiums with discounts such as :
- Safe-driving discount
- Accident-free drivers
- Anti-theft equipment discounts
- Good student discounts
- Policy bundling
early discounts are available from both companies, such as savings for members of the military. But some discounts may not be offered by each. For model, Liberty Mutual provides a rebate for alternative-fuel vehicles ; GEICO gives a discount for having a modern car with the latest base hit technical school .
One singular feature of Liberty Mutual is the length of its car insurance policies. Unlike most run carriers, Liberty Mutual offers policies in 12-month terms. Liberty ’ s longer-length policy option may help you avoid rate increases that often come at the end of typical 6-month policies .
RELATED STORIES: Liberty Mutual vs. Nationwide 2022 Car Insurance Comparison
Does GEICO or Liberty Mutual Have Better Customer Satisfaction?
When bribe car policy, you should consider more than the price. Some drivers believe that you get what you pay for, and higher rates can mean better service. Regardless of the expense, your insurance company should provide dependable customer service, promptly respond when you need help, and pay submitted claims .
The J.D. Power 2021 U.S. Auto Insurance Study provides key insights from the responses of about 39,000 car insurance customers. The surveil measures vital criteria regarding customer satisfaction :
- Auto insurance cost
- Policy offerings
- Billing process and policy information
- Customer interactions
- Claims
policy companies frequently receive mix reviews for their serve. GEICO earns “ average ” results in the customer satisfaction view. Liberty Mutual achieves “ above average ” ratings in terms of overall customer service .
In the J.D. exponent 2021 Auto Claims Satisfaction Study, based on more than 7,300 car indemnity customers, GEICO came in slightly above average, while Liberty Mutual came in slightly below average. The report looked at customers with subside claims within the prior six months before taking the survey and it excluded those with a steal vehicle, glass or windshield claims, and those with entirely wayside aid needs .
Which Has Better Financial Standing, GEICO or Liberty Mutual?
A.M. Best assesses insurance companies ’ ability to meet their ongoing policy and contractual obligations. According to The Zebra, GEICO receives a “ superior ” evaluation and Liberty Mutual ’ second denounce is “ good. ”
While the party ratings are unlike, both carriers have the fiscal persuasiveness to cover their customers ’ claims .
GEICO or Liberty Mutual: Which Is Better for You?
Your car insurance needs are alone and there are many factors to consider. The cost of a policy normally tops the list of variables, so workshop for the best price by requesting a quote from GEICO, Liberty Mutual, and other insurance companies.
Read more: The Best Car Insurance Companies for 2022
GEICO offers less-expensive premiums in many cases. hush, Liberty Mutual offers many discounts that can lower the price of policies, and its 12-month terms benefit many policyholders .
No matter which company you choose, you must understand what is covered. Be comfortable that it meets your needs before signing a policy when buying a newly vehicle or renewing your existing coverage .