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

Quick Facts

• In general, GEICO offers more affordable prices than Trexis
• GEICO offers more affordable rates for couples purchasing car insurance together
• Trexis offers more affordable premiums for residents in Alabama and Arkansas

GEICO vs. Trexis: 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 be considering GEICO or Trexis as your top options, but which carrier will save you the most?

Looking at nationwide averages, GEICO is about $35 per month less expensive than Trexis.

However, that doesn't necessarily mean GEICO will be the cheaper option for each driver. Auto insurance companies use all sorts of complex algorithms to calculate rates, so depending on how clean your driving record is or where you live (among an array of other factors), you could see wildly different prices from the ones above.

So, if you want to find out which of GEICO or Trexis is really the best for you, keep reading to see average premiums for each company broken down by multiple different rate factors.

GEICO or Trexis: Average Car Insurance Rates by State

GEICO and Trexis only compete against each other in two states, with GEICO offering less expensive prices to the average driver in all of them. Alabama has the most noticable difference, where GEICO rates are over 70% more affordable than insurance premiums at Trexis.

There are plenty of other factors that go into your car insurance cost than just the state you live in. Continue reading to see how other factors will affect your rates.

Which is the Best Company For Young Drivers?

You might already know that teen drivers typically pay a lot more for insurance than any group out there on the road. That's generally because young, inexperienced 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 auto insurance prices. Just look at the table above -- where 18-year-old drivers who have GEICO for their car insurance pay nearly $150 less than those who use Trexis. It's worth noting that GEICO offers auto insurance in 50 different states compared to Trexis's two, which can skew the average rates a bit, but the difference here is still considerable.

But both carriers will offer you dramatically lower prices by the time you turn 25. For example, average premiums for GEICO policyholders reduce more than 55% and Trexis's rates lower almost 65% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age usually enjoy some of the cheapest insurance premiums you'll ever see. After all, they've likely been driving for quite some time, which normally reduces their chances of accidents and other infractions that can increase prices.

But who has the best rates for retired drivers between GEICO and Trexis? GEICO gets the edge, with premiums for drivers 65 and older $23 cheaper than the national average for Trexis.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance prices tend to be more affordable for married couples than they are for single drivers. That's usually because married policyholders tend to own and insure several cars, which can often earn you a discount.

When it comes to relationship status, GEICO is the clear winner for those who are single, with rates around $55 a month less expensive than Trexis, on average. But for married drivers, that advantage is much less clear - GEICO has the edge when it comes to average prices , but the difference is less than $10.

GEICO vs. Trexis: Average Rates by Gender

Because men are more likely to get tickets and get into accidents, they raise the chances of filing a claim with insurance. Therefore, insurance companies will tend to offer men more expensive rates.

On average, men see premiums nearly $10 per month higher with GEICO, while with Trexis, the difference is closer to $20 a month.

Looking at the data for each carrier specifically, GEICO offers the most affordable average rates for both men and women, with average premiums $41 less for men and $29 cheaper for women.

GEICO or Trexis: 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 auto insurance can be a complicated subject for most people. Everyone needs insurance, but there are so many different limits and coverages that it can be hard to find the right policy.

Even so, most policies end up falling into two different types of coverage -- liability only (that covers bodily injury and property damage for other drivers and passengers if you cause an accident) and full coverage (which typically refers to having comprehensive and collision coverages in addition to liability coverage).

If you're looking for state minimum liability insurance, GEICO normally offers slightly cheaper prices of $101 compared to Trexis's $108. When it comes to full coverage policies with similar limits, GEICO again has the edge, with policies about $65 per month more affordable than Trexis, on average.

Is GEICO or Trexis Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their car insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

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

Which Company is Best for Drivers with Speeding Tickets?

GEICO policyholders can expect their rates to go up an average of $35 a month if they get a ticket, while Trexis generally raises premiums around $43 per month, on average.

That being said, GEICO is typically the less expensive option for both drivers who have clean records and those with a recent speeding ticket, offering rates that are $67 and $75 cheaper, respectively, compared to Trexis Insurance.

Which Company is Best for Drivers After an Accident?

Both carriers will raise prices pretty significantly if you get into an at-fault accident with GEICO raising by $85. Trexis has a less extreme raise, but you can still expect to pay $65 more than you were prior to your first collision.

Overall, drivers who use GEICO end up with the cheaper prices after an accident, with monthly premiums averaging $200 compared to Trexis Insurance's $247.

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 ticket or even a collision. For example, GEICO increases average prices by over $150 a month -- that's just under a 60% increase.

Trexis has the overall most affordable rates for drivers with a DUI on their records at $226 a month, but it's worth noting that GEICO's average rates come from 50 states compared to just two for Trexis, so the data may be skewed slightly.

How does Credit Score Impact GEICO and Trexis Rates?

Often times, your credit score can be used as one of the variables to determine your monthly insurance premiums. This isn't always the case (Michigan, for example, has banned the use of credit score as a rating factor) but it does affect many drivers out there.

Car insurance companies argue that those with good credit scores are more likely to pay their bills on time each month, which decreases the risk involved on their end, while the opposite is true for those with bad credit.

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

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, you'll usually find a better deal with GEICO. Drivers with "excellent" credit can save nearly 35% compared to Trexis, and those with "good" scores can also expect to see savings -- about $52 or 24% less expensive every month.

Which Company is Best for Drivers with Bad Credit?

If you have less-than-perfect credit, it can be somewhat of a toss-up as far as which company offers you the best rates. Drivers with "fair" credit pay around $24 less with GEICO than Trexis, but those whose credit is considered "poor" have it flipped -- saving about $4 per month with Trexis.

Is GEICO or Trexis 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 auto insurance carriers will charge for coverage. Generally, the more miles you drive, the more you can expect to pay for car insurance.

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

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

Where you live can play a sizable role in how much you pay for auto insurance. Normally, those who live in rural areas will pay less than policyholders in urban areas because of the small number of vehicles that are on the roads in those areas.

GEICO boasts the lowest average premiums for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For drivers in urban ZIP codes, GEICO offers rates about $211 monthly compared to Trexis's $270. People who live in suburban ZIP codes can expect to pay around $185 a month for GEICO and $223 for Trexis. Lastly, those in rural areas tend to get the most affordable premiums from both companies, with average monthly prices coming in at $159 and $167 for GEICO and Trexis respectively.

GEICO vs. Trexis 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 so many discounts out there, it may seem difficult to find all the of the ones you qualify for.

In the table below, we've broken down all of the different discounts offered by both GEICO and Trexis so that you can see which one offers the most discounts and see which ones you might be able to take advantage of.

GEICO blows Trexis away when it comes to the sheer amount of discounts available, offering 28 different discounts to Trexis's 16.

Both carriers offer a lot of the same discounts -- like discounts for being a defensive driver, EFT discounts, group discounts, and paid in full discounts -- but GEICO also offers ABS discounts, anti-theft discounts, commercial drivers license discounts, and more that Trexis does not.

On the flip side, Trexis has a couple unique discounts of its own -- advance quote discounts, agency transfer discounts, education discounts, and more.

Final Thoughts: Is GEICO or Trexis Best for You?

You've seen the effect certain factors have on your auto insurance and the different discounts companies offer. But, at the end of the day, is GEICO or Trexis the right company for you and your specific profile and needs?

GEICO might be best for you if....

• Your driving record contains an at-fault accident.
• Your neighborhood is in the suburbs.
• You are over 65 years old and want to save some money on your insurance.

Trexis might be best for you if...

• You live in one of the following states: Alabama and Arkansas.
• You have a DUI charge on your record.

We hope this guide helps you get a good idea of the differences between GEICO and Trexis. We also hope we've given you the information you need to make the best 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 auto insurance policy is to compare quotes from multiple carriers, not just GEICO and Trexis. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple quotes from some of the best car insurance companies in your area, all for free.

GEICO vs. Trexis FAQs

Is GEICO or Trexis cheaper?

Looking just at the national average rates, GEICO is the more affordable of the two carriers, offering average rates of $185 per month compared to $220 for Trexis. But GEICO won't necessarily be the cheapest company for each policyholder, since there are a variety of different variables (things like gender, age, driving record, etc.) that play a role in how much you pay.

Who is better, GEICO or Trexis?

Sadly, the answer truly is "it depends.". No one carrier is necessarily "better" for everyone -- it all comes down to what your unique insurance profile looks like. For example, GEICO offers cheaper premiums for policyholders with an at-fault collision on their record, while Trexis is more affordable for drivers who have less-than-stellar credit scores.

Why do GEICO and Trexis offer me different rates?

Auto insurance companies take a look at lots of different factors when calculating the prices they charge drivers. Variables such as where you call home, where your home is, gender, age, and sometimes even things like your credit score can all be taken into consideration. Both GEICO and Trexis calculate rates using different factors, so each one will most likely offer different prices. The only real way to see which company is the most affordable for you is by comparing personalized quotes from lots of different carriers.

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

The only way to find the insurance carrier that's right for you is by getting quotes from several companies and finding the one best suited for your individual budget. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code and you'll get free quotes from dozens of the best car insurance carriers in your area. That way, you can guarantee you're getting the best premium. And who knows, the best company for you might not be GEICO or Trexis 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.