We have already explained that buying more than one type of insurance brings down the insurance rates from Geico. This has been explained in the following posts here:
These are the standard discounts which any company will offer you. You are older, never had an accident and you deductibles in the event of a claim is higher. These are standard in the insurance industry, Geico however offers more than this and these discounts are listed below.
Car Insurance Discounts and Premium Reductions
Air Bag – You could save up to 25% for driver–side or 40% for full–front seat air bags.
Anti-lock Brake System – Have a factory installed anti-lock braking system? 5% discount on the collision portion of your premium.
Anti-theft System – Cars with a built-in anti-theft system could also earn you a discount of up to 25% on the comprehensive portion of your premium.
Daytime Running Lights – Vehicles equipped with Daytime Running Lights as standard equipment could earn you a 3% discount.
Five-year Accident-free – If you have been accident-free for five years, you may be able to save up to 26% on most coverage.
Seat Belt Use – You could also receive a discount of up to 15% off the medical payments or personal injury protection portion of your premium.
Good Student – Full time students with a good academic record could be eligible for up to a 15% discount on certain coverages.
Emergency Deployment – If you are deployed as a member of the Enduring Freedom or Iraqi Freedom operational forces, you could be eligible for an auto insurance discount of up to 25%.
Membership and Employee Discounts – If you belong to one of the 500+ groups listed here, you could receive an additional discount on your auto insurance premium.
Federal Employee (Eagle Discount) – If you are an active or retired federal employee, you could qualify for the eagle discount of up to 8% on the total auto insurance premium.
Multi-car – Insure more than one car with GEICO and you could get a discount of up to 25% on most of your car insurance coverages.
Motorcycle Insurance Discounts
- 10% discount when you transfer your motorcycle insurance to GEICO® Motorcycle
- 10% discount if you insure more than one motorcycle
- 10% discount for mature riders
- 10% discount when you renew your motorcycle insurance with GEICO® Motorcycle
- 10% discount for completing a Motorcycle Safety Foundation
- 20% discount if you are a current Motorcycle Safety Foundation instructor
- 5% discount on your motorcycle policy if you also insure your car with GEICO
If you are on active duty, retired from the Military, or a member of the National Guard or Reserves, you may be eligible for a discount of up to 15 percent on your total insurance premium. Call 1-800-MILITARY (645-4827).
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