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

Quick Facts

• Looking at the national averages for auto insurance, GEICO offers significantly less expensive premiums than Kemper
• GEICO offers more affordable average prices for policyholders who live in rural neighborhoods
• GEICO has cheaper premiums for policyholders who live in urban areas

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

So, you're thinking about switching to a new insurance policy. You've probably seen commercials and billboards from companies offering huge savings, but exactly how much money can you save by switching?

You might have narrowed it down to GEICO or Kemper for your next policy, but which carrier will offer you more affordable prices?

Looking at nationwide averages, Kemper has average rates that are around 21% a month more expensive than those from GEICO.

But that doesn't mean GEICO will necessarily be cheaper than Kemper for every single driver. After all, insurance carriers can offer drastically different rates to every driver depending on rating factors like your credit score, where you call home, your driving record, or even your age (among other things), so rates could vary drastically from person to person.

Luckily, we've broken down average prices from both GEICO and Kemper by a bunch of different rate factors, so read on to find out which company is the best for you.

GEICO vs. Kemper: Average Car Insurance Rates by State

GEICO and Kemper compete against each other in 14 states, with Kemper offering less expensive premiums to the average driver in all but three of them. If you live in California, Connecticut, or Oregon, Kemper is the more affordable of the two companies when looking at the overall average rates, but GEICO is the cheaper option in most of the others.

That being said, there are plenty of other factors that go into your auto insurance payment than just your home state. Read on to learn more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers typically pay a lot more for car insurance than any group out there on the road. The reason is that teen drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

That being said, that doesn't mean that teen drivers have to just accept sky-high insurance premiums. As you can see above, teens who use GEICO save over 25% per month compared to those who use Kemper.

Even so, with both carriers, you'll see your rates decrease significantly by the time you turn 25. For example, average prices for GEICO policyholders reduce more than 55% and Kemper's premiums drop over 55% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age usually enjoy some of the cheapest car insurance prices you'll ever find. After all, they've likely been driving for quite some time, which generally reduces their chances of collisions and other infractions that can raise rates.

But who has the best premiums for retired drivers between GEICO and Kemper? GEICO gets the edge, with rates for drivers 65 and older more than 15% less expensive than the national average for Kemper.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive auto insurance prices than married policyholders. This usually boils down to married drivers having more than one vehicle on their policy -- something quite a few car insurance companies will reward with discounts.

For single drivers, the difference in average premiums between these two carriers is significant, with GEICO prices coming in at a quarter less than Kemper's. The advantage for married couples with GEICO is also obvious, where drivers save over 15% a month.

GEICO or Kemper: Average Rates by Gender

Men are statistically more likely than women to get into accidents and file an insurance claim, which means they'll normally end up paying more for insurance than women.

With GEICO, men typically pay about $10 per month more than women, and almost $20 with Kemper.

Looking at the data for each carrier specifically, GEICO offers the most affordable average rates for both men and women, with average prices 23% less for men and 20% cheaper for women.

GEICO vs. Kemper: 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.

For most people, auto insurance can be pretty complicated. Everyone needs car insurance, but there are so many different coverages and terms that it can be hard to find the right policy for you.

The two most common policies end up falling into two different types of coverage -- liability coverage (which provides property damage and bodily injury coverage for other drivers and their passengers if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to liability coverage).

Looking specifically at state minimum liability insurance, GEICO has the significant edge, with average monthly rates 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 Kemper's $331.

Is GEICO or Kemper Better for Drivers with Spotty Records?

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

It's no secret secret that collisions and speeding tickets lead to higher prices, but which company -- GEICO or Kemper -- has the lowest premiums for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use GEICO for their insurance can usually expect their monthly bill to go up about 23% after getting a speeding ticket. Kemper policyholders can expect a less drastic increase of around 21%.

However, GEICO is generally the cheaper option for drivers both with a ticket and with a clean record -- their rates are around 34% more affordable for drivers with clean records and 32% cheaper for those with a ticket.

Which Company is Best for Drivers After an Accident?

Both carriers will increase rates pretty significantly if you get into an at-fault collision with Kemper climbing by about 33%. 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, the less expensive prices come from GEICO, with average rates coming in at $200 compared to Kemper's $259.

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 -- normally a lot more than an accident or speeding ticket. For example, GEICO increases average premiums 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 Kemper's $287.

How does Credit Score Impact GEICO and Kemper Rates?

Did you know many insurance companies take into account your credit score when determining prices? This isn't true for everyone (for example, California and Michigan are two states that ban the practice entirely), but it will come into play for lots of drivers.

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, policyholders with bad credit will often be forced to pay more.

Looking at GEICO and Kemper specifically, which one has the best premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, GEICO will typically reward you the most. For policyholders with "excellent" credit scores, GEICO comes in more than 25.14 less expensive. Drivers with "good" credit scores normally save about 21% with GEICO compared to average rates from Kemper.

Which Company is Best for Drivers with Bad Credit?

GEICO typically offers lower premiums than Kemper when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay around 18% a month less with GEICO compared to Kemper, and those with "poor" scores usually save an average of about 22% monthly.

Is GEICO or Kemper 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 insurance companies will charge for coverage. That's because the more milage you put on your car each year, the more likely you are to be in a collision and file an insurance claim.

For both remote workers and those taking short commutes, GEICO tends to be the cheaper option. Kemper's average prices for drivers with 6,000 annual miles come in nearly 25% more expensive than GEICO. Those who drive 12,000 miles yearly can expect to pay just under 20% more with Kemper over GEICO.

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

Where you live can have a sizable impact on your monthly auto insurance cost. Generally, those who live in urban areas will pay more than drivers in rural areas since there are a lot more vehicles on the roads where they live.

GEICO tends to offer the cheapest premiums for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, GEICO's average prices are around $85 less than Kemper. People who live in suburban areas pay about $41 less with GEICO compared to Kemper. Those in rural areas can expect to save around $23 with GEICO compared to Kemper.

GEICO vs. Kemper 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 car insurance discounts as possible.

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 can take advantage of.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both GEICO and Kemper so that you can find the company that has the most discounts and, therefore, the largest savings.

Looking at the total number of discounts, GEICO has the advantage when it comes to total number of discounts. Kemper offers a grand total of 24 discounts, while GEICO has 28.

A couple of those are overlapping for things like anti-theft discounts, distant student discounts, discounts for getting driver training, and full coverage discounts. GEICO also offers discounts for commercial drivers license, COVID-19 relief, deployed driver, and more.

On the other hand, Kemper has a few proprietary discounts of their own for things like AAA discounts, advance quote discounts, continuous insurance discounts, and more.

Final Thoughts: Is GEICO or Kemper Best for You?

So, we've broken down the average rates for many of the variables auto insurance carriers look at, and we've shown you all the discounts each carrier offers. That's all well and good, but when it comes down to it, which insurance company is the best fit for you?

GEICO might be best for you if....

• You've been pulled over for speeding recently.
• You're looking for the best prices on liability only coverage.
• You're of retirement age and want to take advantage of lower premiums.

Kemper might be best for you if...

• You have a more unique driver profile than those we mentioned above.

Hopefully, this guide helps you get a better idea of the difference between GEICO and Kemper and that it aids in making a more informed decision about your car insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from multiple companies, not just GEICO and Kemper. Luckily, sites like Compare.com make 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 carriers in your area, all in just a few minutes.

GEICO vs. Kemper FAQs

Is GEICO or Kemper cheaper?

GEICO is the less expensive of the two companies when looking at national average rates, with policies averaging $185 per month with GEICO and $235 for Kemper. That being said, that doesn't mean GEICO will be the lowest carrier for each driver, since there are lots of different factors (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, GEICO or Kemper?

Unfortunately, the only answer we can give you is "it depends.". No one company is necessarily "better" for every policyholder -- it all boils down to your unique insurance profile.

Why do GEICO and Kemper offer me different rates?

Car insurance carriers use a lot of different variables when calculating the premiums they charge. Things such as gender, your driving record, age, where your home is, and sometimes even things like your credit score can all be taken into consideration. Both GEICO and Kemper calculate rates using different formulas, so it's likely they'll offer different prices. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from many different companies.

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

The only way to find the auto insurance company that's right for you is by getting quotes from a handful of carriers 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 car insurance companies for free. With those, you can guarantee you're getting the best premium. And maybe you'll find that the best carrier for you isn't GEICO or Kemper 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.