GEICO vs. Germania: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, Germania offers significantly more affordable prices than GEICO
• GEICO offers more discounts than Germania Insurance
• Germania offers cheaper average premiums for residents of rural areas

GEICO vs. Germania: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? You've probably seen commercials and billboards from companies offering huge discounts, but exactly how much money can you save by switching?

You might have narrowed your search down to GEICO or Germania for your next policy, but which carrier will save you the most?

Looking at the national average rates for both companies, GEICO is about $43 more per month than Germania.

But Germania may not be the most affordable or best option for every single driver out there. Insurance carriers use tons of complex algorithms to calculate prices, so depending on where you live or how old you are (among numerous other factors), you could see wildly different premiums from the ones above.

Luckily, we've broken down average rates from both GEICO and Germania by a variety of different rate factors, so read on to find out which carrier is the best for you.

GEICO or Germania: Average Car Insurance Rates by State

GEICO and Germania only compete against each other in Texas, where Germania offers the cheaper average prices. For Texas residents, Germania offers auto insurance for $142 a month on average. GEICO's average premiums come out to be over 15% more expensive, at $171 per month.

There are plenty of other factors that go into your car insurance payment than just your home state. Read on to find out more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers generally pay a lot more for auto insurance than any group out there on the road. Usually, that's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

That being said, that doesn't mean that teen drivers have to just accept sky-high car insurance rates. As you can see above, teens who use Germania save more than $90 a month compared to those who use GEICO. It's worth noting that GEICO offers insurance in 50 different states compared to Germania's one, which can skew the average premiums a bit, but the difference here is still considerable.

Even so, both companies will reduce rates once you turn 25. Germania offers the steepest decrease, with 25-year-olds paying less than half what 18-year-old drivers are charged. GEICO's average prices drop over 55% during that same period.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll typically enjoy the lowest auto insurance premiums you'll ever find. You've been on the road for years, and all that experience pays off when it comes to your monthly prices for insurance.

When looking at GEICO and Germania specifically, which company is best for retired drivers? Germania gets the edge, with rates for drivers 65 and older $40 less expensive than the national average for GEICO.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance prices tend to be more expensive for single policyholders than they are for married drivers. That's because policies for married policyholders normally cover multiple cars, which many carriers will offer you a discount for.

When it comes to relationship status, Germania is the clear winner for those who are single, with rates around $45 per month more affordable than GEICO, on average. The advantage is also clear for married couples - Germania offers the cheapest average premiums.

GEICO vs. Germania: Average Rates by Gender

Did you know men tend to pay more for insurance than women? This is because women are less likely to get into accidents and get speeding tickets, which lowers the chances of an insurance claim.

Women typically pay nearly $10 a month less than men with GEICO, and more than $10 cheaper with Germania when compared to their male counterparts.

Looking at overall affordability, Germania offers the lowest average rates for both men and women, with average prices $41 less for men and $45 cheaper for women.

GEICO or Germania: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

Car insurance isn't the easiest topic to understand. Everyone needs auto insurance, but there are so many different limits and coverages that it can be hard to find the right policy.

The two most common policies end up falling into two different types of coverage -- liability only (that covers bodily injury and property damage for other drivers if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- alongside liability).

If you're looking for state minimum liability limits, Germania normally offers less expensive premiums of $90 compared to GEICO's $101. When it comes to full coverage policies with similar limits, Germania again has the edge, with policies about $75 per month cheaper than GEICO, on average.

Is GEICO or Germania Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance companies offering great prices for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

Tickets and accidents will most likely raise your premiums, but is GEICO or Germania less expensive for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers with Germania insurance policies don't report seeing their rates increase after getting a ticket, but GEICO policyholders can expect to see their monthly bill increase by around a quarter.

However, Germania is usually the cheaper option for drivers both with a ticket and with a clean record. Drivers with a clean record can save about $13 a month with Germania Insurance, and the same can be said for those with a speeding ticket, too.

Which Company is Best for Drivers After an Accident?

Both carriers will increase premiums pretty significantly if you get into an at-fault accident with GEICO raising by $85. Germania has a less extreme climb, but you can still expect to pay $30 more than you were prior to your first collision.

Overall, the more affordable rates come from Germania, with monthly prices averaging $132 compared to GEICO's $200.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly auto insurance bill -- generally a lot more than a collision or ticket. GEICO drivers usually see a 58% raise in their insurance premiums after a DUI charge, while Germania will usually increase prices by around 56%.

Germania has the overall cheapest rates for drivers with a DUI on their records at $233 monthly, but it's worth noting that GEICO's average rates come from 50 states compared to just one for Germania, so the data may be skewed slightly.

How does Credit Score Impact GEICO and Germania Rates?

Did you know that many auto insurance companies take into account your credit score when calculating premiums? This isn't always the case (California, for example, has banned the use of credit score as a rating factor) but it does affect lots of policyholders out there.

Car insurance carriers argue that someone with bad credit is less likely to pay their bills on time, which makes them riskier to insure. Because of that, drivers with bad credit will often be forced to pay more.

So, which carrier offers the best prices for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, you'll usually find a better deal with Germania. Drivers with "excellent" credit can save over 35% compared to GEICO, and those with "good" scores can also expect to see savings -- about $44 or 27% cheaper each month.

Which Company is Best for Drivers with Bad Credit?

Germania typically offers lower rates than GEICO when it comes to drivers with a below average credit score. Drivers with "fair" credit pay around $52 per month less with Germania compared to GEICO, and those with "poor" scores normally save an average of about $32 a month.

Is GEICO or Germania Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a substantial impact on your monthly premiums. That's because the fewer miles you put on your vehicle, the less likely you are to get into an accident and cause an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Germania charges. However, there's a small difference in monthly rates for GEICO, with policyholders who drive 6,000 miles annually paying around $8 less every month compared to those who drive 12,000 miles yearly. Still, Germania is the less expensive option for drivers in both categories.

GEICO vs. Germania: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your car can play a considerable role in how much you pay for auto insurance. Generally, if you live in a rural area with fewer cars on the road, you'll pay a little less for car insurance, while the opposite is true for people in urban areas.

Germania tends to offer the lowest rates for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Policyholders in rural ZIP codes see the most affordable prices from both companies, but Germania comes out on top with average premiums about $134 monthly. Germania also has more affordable average prices for drivers in urban and suburban ZIP codes -- a 29% and 23% a month respective difference when compared to GEICO policyholders in similar areas.

GEICO vs. Germania Discounts

You want to save as much money as possible, right? The best way to do that is by utilizing as many insurance discounts as you can.

But where do you even start? With what seems like a million different discounts out there, it may be challenging to find all the ones you're eligible for.

In the table below, we've broken down all of the different discounts offered by both GEICO and Germania so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

GEICO blows Germania away when it comes to the sheer amount of discounts available, offering 28 different discounts to Germania's 18.

A couple of those are overlapping for things like anti-theft discounts, discounts for being a defensive driver, distant student discounts, and multi-policy discounts. GEICO also offers commercial drivers license discounts, deployed driver discounts, DRL discounts, and more that Germania does not.

On the flip side, Germania has a couple unique discounts of its own -- academic discounts, advance quote discounts, claim free discounts, and more.

Final Thoughts: Is GEICO or Germania Best for You?

So, we've broken down the average premiums for many of the factors auto insurance carriers look at, and walked through the different discounts each carrier offers, too. But, when it comes down to it, which company is the right fit for you?

Germania might be best for you if....

• You're looking for the best rates in TX.
• You have above-average credit.
• You drive fewer than 6,000 miles each year.

GEICO might be best for you if...

• You're planning on moving to another state soon -- Germania Insurance is only available in Texas.
• You want to save extra money with discounts.

We hope this guide has ben a valuable resource as you compare GEICO and Germania. We also hope we've given you the information you need to make the best decision about your insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on car insurance -- comparing quotes from a handful of companies, not just GEICO and Germania. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get free quotes from dozens of the top auto insurance carriers in your area, all in just a few minutes.

GEICO vs. Germania FAQs

Is GEICO or Germania cheaper?

Looking just at the national average rates, Germania is the less expensive of the two companies, offering average rates of $142 per month compared to $185 for GEICO. Even so, Germania won't necessarily be the cheapest carrier for every driver, since there are several different variables (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, GEICO or Germania?

Sadly, the only answer we can give you is "it depends.". One company is not necessarily "better" for everyone -- it all comes down to what your unique insurance profile looks like.

Why do GEICO and Germania offer me different rates?

Car insurance carriers take a look at several different factors when determining the prices they charge drivers. Variables such as age, where you live, your driving record, gender, and sometimes even things like your credit score can all be taken into consideration. Both GEICO and Germania calculate premiums using different factors, so each one will most likely offer different rates. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from a bunch of different companies.

How do I know if GEICO or Germania is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best car insurance companies in your area. That way, you can guarantee you're getting the best price. And who knows, the best carrier for you might not be GEICO or Germania at all!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.