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

Quick Facts

• Based on national averages for car insurance, GEICO offers significantly less expensive premiums than Grange
• GEICO offers more affordable average rates for single people who will be the only person on the auto insurance policy
• Grange has cheaper prices in CA, CO, DE, ID, KY, MA, MI, OH, and WA

GEICO or Grange: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? With so many ads from all sorts of companies offering huge savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed your search down to GEICO or Grange, but between the two, which carrier has more affordable premiums for car insurance?

Looking at the national average rates for both carriers, Grange is quite a bit more expensive than GEICO, with rates averaging $249 a month compared to just $185 with GEICO.

Even so, GEICO may not be the cheapest or best option for each driver out there. After all, insurance companies can offer drastically different rates to every driver depending on rating factors like your age, where you call home, your credit score, or even your driving record (among other things), so premiums could vary drastically from person to person.

Wanting to know if GEICO or Grange is really the right carrier for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

GEICO vs. Grange: Average Car Insurance Rates by State

GEICO and Grange compete against each other in nine states, with Grange offering cheaper prices to the average driver in all of them. If you live in California or Ohio, Grange is the less expensive of the two carriers when looking at the overall average rates. GEICO is the cheaper option in Colorado, Delaware, Idaho, Kentucky, Massachusetts, Michigan, and Washington.

That being said, there are plenty of other factors that go into your car insurance cost than just where you call home. Continue reading to see how other variables will affect your rates.

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 other group of drivers. The reason is that teen drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

However, that doesn't mean that teen drivers have to just accept sky-high insurance prices. For example, 18-year-old drivers pay an average of almost 35% less per month by choosing GEICO over Grange.

That being said, with both companies, you'll see your premiums lower significantly by the time you turn 25. For example, average prices for GEICO policyholders decrease over 55% and Grange's premiums reduce nearly 65% over that time.

Which is the Best Company for Retired Drivers?

When it comes to car insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable rates you'll ever see.

When looking at GEICO and Grange specifically, which company is best for retired drivers? GEICO gets the edge here, with average prices coming in at around $148 monthly compared to Grange's $200.

Which is the Best Company for Married Drivers?

Married policyholders tend to get slightly less expensive insurance rates than single drivers. That's because policies for married couples normally cover more than one vehicle, which a lot of carriers will give you a discount for.

For those who are single, the difference in average premiums between these two companies is significant, with GEICO prices coming in at a quarter less than Grange's. For married drivers, the advantage is clear again - GEICO has the edge when it comes to average rates.

GEICO or Grange: Average Rates by Gender

Because women are less likely to get tickets and get into accidents, they are less likely to file a claim with insurance. So, women tend to pay less for auto insurance than men.

Men usually pay about $10 a month more than women with GEICO, and around $12 more with Grange.

When it comes to the cheapest premiums for each gender, GEICO comes out on top for both men and women. On average, women save about $62 per month and men save about $66 with GEICO compared to the average Grange policyholder.

GEICO vs. Grange: 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.

It's no secret that insurance can be a complicated subject for most people. There are so many different limits and terms that it can make it pretty confusing to find the right policy for you.

But most policies that drivers look at fall into two categories -- liability coverage (which provides bodily injury and property damage coverage for other drivers and their passengers if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, alongside liability).

Looking specifically at state minimum liability limits, GEICO has the significant edge, with average monthly prices coming in at $101. If you want a full coverage policy with the same state minimum limits, GEICO again has the edge, with policies averaging around $269 a month to Grange's $313.

Is GEICO or Grange Better for Drivers with Spotty Records?

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

Speeding tickets and at-fault collisions will most likely raise your rates, but is GEICO or Grange more affordable for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use GEICO for their car insurance can typically expect their monthly bill to go up about 23% after getting a speeding ticket. Grange policyholders can expect a bit more drastic of an increase of around 23%.

Even so, GEICO has less expensive premiums for drivers in both categories. With GEICO, drivers with a clean record can save about $65 per month and drivers with a ticket can save around $85 a month.

Which Company is Best for Drivers After an Accident?

Both companies will raise rates pretty significantly if you get into an at-fault collision with Grange raising by about 32%. GEICO has a less extreme climb, but you can still expect to pay nearly 45% more than you were prior to your first accident.

At the end of the day, GEICO offers the most affordable prices for drivers with an at-fault collision on their records, with average premiums coming in at $200 compared to Grange Insurance's $266.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple speeding ticket or even an accident. For example, GEICO increases average prices by more than $150 per month -- that's just under a 60% increase.

But if you end up with a DUI charge and are looking for more affordable rates, GEICO tends to be more affordable for the average driver, with monthly premiums coming in at around $275 to Grange's $314.

How does Credit Score Impact GEICO and Grange Rates?

Did you know many insurance carriers take your credit score into account when determining premiums? Certain states and companies do not allow for credit score to be used as an auto insurance factor, but it will come into play for many drivers.

The reasoning auto insurance carriers use is that policyholders with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper rates, while those with poor credit will generally be forced to pay more.

Looking specifically at Grange and GEICO, which company has the lowest prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have solid credit, GEICO will typically reward you the most. For policyholders with "excellent" credit scores, GEICO comes in more than 32.12 cheaper. Drivers with "good" credit scores normally save about 26% with GEICO compared to average rates from Grange.

Which Company is Best for Drivers with Bad Credit?

GEICO typically offers lower premiums than Grange when it comes to drivers with bad credit. Drivers with "fair" credit pay around 22% a month less with GEICO compared to Grange, and those with "poor" scores usually save an average of about 26% a month.

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

The amount of time you spend behind the wheel of your car plays a big role in how much car insurance companies will charge for coverage. Normally, the more milage you put on your vehicle each year, the more you can expect to pay for auto insurance.

For both remote workers and those taking short commutes, GEICO offers less expensive prices than Grange. Grange average rates for drivers with 6,000 annual miles come in around $67 more expensive than GEICO. Those who drive 12,000 miles each year can expect to pay about $61 more with Grange over GEICO.

GEICO or Grange: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for car insurance, but the type of area you live in can have a pretty big impact as well. Usually, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders since there are a lot more cars on the roads where they live.

When comparing these two carriers side-by-side, GEICO generally comes out as the lowest option for drivers in every type of area, no matter if it's urban, suburban, or rural.

For drivers in urban ZIP codes, GEICO's average prices are around $81 less than Grange Insurance. People who live in suburban areas pay about $50 less with GEICO compared to Grange. Those in rural areas can expect to save around $61 with GEICO compared to Grange.

GEICO vs. Grange Discounts

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

But where do you even start? With so many discounts out there, it may seem difficult to find all the of the ones you can take advantage of.

Luckily, we did the hard work for you and compared all of the different discounts offered by GEICO and Grange so that you can find the one that has the most discounts and, therefore, the largest savings.

You can find offers for anti-theft discounts, discounts for being a defensive driver, distant student discounts, and discounts for being a good driver from both companies.

Final Thoughts: Is GEICO or Grange Best for You?

So, you've seen how different factors can affect your car insurance premiums. We've broken down the different discounts each company offers, too. But, at the end of the day, is GEICO or Grange the best carrier for you, your vehicle, and your wallet?

GEICO might be best for you if....

• Your driving record includes a DUI charge.
• You're looking for the best rates on liability only coverage.
• You want to save money while purchasing insurance for a teenager.

Grange might be best for you if...

• You live in one of the following states: California, Colorado, Delaware, Idaho, Kentucky, Massachusetts, Michigan, Ohio, and Washington.

Hopefully, this guide has ben a valuable resource as you compare GEICO and Grange and that you can now make a more informed decision when it comes to your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your insurance policy is to compare quotes from a handful of carriers, not just GEICO and Grange. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple free quotes from some of the best auto insurance companies in your area, all in just a few minutes.

GEICO vs. Grange FAQs

Is GEICO or Grange cheaper?

GEICO is the cheaper of the two carriers when looking at national average prices, with policies averaging $185 per month with GEICO and $249 for Grange. However, that doesn't mean GEICO will be the cheapest carrier for every driver, since there are a variety of different variables that are considered when it comes to your car insurance payment.

Who is better, GEICO or Grange?

Unfortunately, the real answer is "it depends.". Neither company is "better" for each policyholder -- it all comes down to what your unique insurance profile looks like.

Why do GEICO and Grange offer me different rates?

Car insurance companies use several different factors when calculating the premiums they charge. Things like your driving record, age, where you park your vehicle, gender, and sometimes even things like your credit score can all be used. Both GEICO and Grange use different formulas, so it's likely they'll offer different rates. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from lots of different carriers.

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

The only way to find the auto insurance company that's right for you is by getting quotes from multiple companies and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code and you'll get quotes from dozens of your local top insurance carriers for free. That way, you can guarantee you're getting the cheapest price. And maybe you'll find that the best carrier for you isn't GEICO or Grange at all, but another you hadn't even thought of!

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.