GEICO vs. Safeco: Which is better?
We found that GEICO is the better car insurance for you if cheap rates are your number one priority. On the other hand, Safeco is better for customizing your coverage.
The best car insurance depends on your personal preferences and driving record, so we recommend comparing quotes, coverage offerings, and customer satisfaction (just like we did with GEICO and Safeco) before you finalize your coverage.
GEICO vs. Safeco: At a glance
Price and discounts
Overall Policygenius rating
We scored these categories on a five-point scale.
Is GEICO or Safeco cheaper?
On average, GEICO car insurance is cheaper than Safeco car insurance. We found that full-coverage insurance costs $1,192 per year at GEICO, which is $446 lower than the national average cost.
At a cost of $1,405 per year, Safeco is also cheaper than average, but not as cheap as GEICO.
Policygenius cost rating
Does GEICO or Safeco have better discounts?
We found that GEICO is the better insurance company for drivers looking for discounts. Notably, GEICO has a couple of discounts for federal workers and members of the military that Safeco doesn’t, although some of GEICO’s listed discounts are small and will apply to most drivers (like discounts for having seat belts).
That said, most of the other discounts from the two companies are about the same. Drivers who insure more than one car or bundle more than one type of insurance with the same company stand to save the most with both GEICO and Safeco.
Comparing usage-based insurance from GEICO and Safeco
Both GEICO and Safeco have usage-based car insurance (UBI) that benefit safe drivers (usage-based programs track your behavior behind the wheel and offer savings to good drivers). The two programs are similar, but we think that Safeco’s is better because your rate won’t go up if you get a low score.
GEICO’s DriveEasy and Safeco’s Right Track usage-based programs log your driving differently. GEICO only logs the times you use your phone behind the wheel. Safeco adjusts your rates based on miles driven, time of day, braking, and acceleration.
DriveEasy by GEICO
RightTrack by Safeco
Up to 25%
Up to 30%
Discount just for signing up?
Length of trial period
Can it raise your rates?
Is GEICO or Safeco better for customer experience?
Safeco has a better score for customer experience than GEICO. While GEICO scores higher than Safeco on the 2022 Auto Insurance Claims Satisfaction study from J.D. Power, Safeco scores the best of any company on the J.D. Power 2022 Digital Experience study.
When it comes to complaints, Safeco also scores better than GEICO. In fact, the total number of complaints that Safeco receives for service, price, and claims is lower than average (which is 1.0). GEICO receives slightly more complaints than average.
Customer service rating
J.D. Power Claims Satisfaction score
J.D. Power Digital Experience score
NAIC Complaint index
Policygenius customer experience rating
GEICO has better financial strength than Safeco
While Safeco is the better car insurance company for customer experience, GEICO ranks higher for financial strength. An insurance company’s financial strength is a reading of its long term stability and its ability to pay out claims after an accident.
We gave GEICO the highest score for the outstanding ratings it received from A.M. Best, S&P, and Moody’s.
Financial strength scores
A.M. Best Financial Strength Rating
S&P credit rating
Moody's credit rating
Policygenius financial strength rating
Is GEICO or Safeco better for complete coverage?
If you’re looking for complete car insurance coverage, Safeco is the better company for you. Safeco offers more coverage add-ons than GEICO, including new car replacement coverage, which pays you enough to replace your new car with the same model if it’s totaled within the first few years of ownership.
Drivers who don’t have a new car will probably find that the endorsements that GEICO and Safeco offer are fine. Both companies offer rental car reimbursement and roadside assistance, which are useful for most drivers
Neither company offers gap coverage, which could be a problem for drivers who are required by a lender or lessor to have gap insurance.
Are there better companies than GEICO and Safeco?
We have given GEICO and Safeco high scores for their car insurance. The two insurers offer affordable coverage that will line up with the needs that most drivers have.
At the same time, neither company offers gap insurance. If you lease a car or are paying off a loan and you’re required to have gap coverage, you should consider other companies, like Travelers or Erie (if you’re in the Northeast or Midwest).
Our verdict: GEICO has cheaper rates than Safeco, while Safeco has more coverage options than GEICO. But neither company offers gap coverage, so drivers who need that protection might find that another car insurance company is a better option.