Geico will offer a 15% Discount if your auto and motorcycle insurance premium renewal falls between Apr 8 to Oct 7
GEICO is here to help in your time of need. You do not need to take any action to receive a 15% credit to your 6-month auto or motorcycle policy at renewal
Auto and Motorcycle Policy Credit
GEICO is providing a 15 percent credit to our auto and motorcycle policyholders as your policy comes up for renewal between April 8 and October 7, 2020. The credit will also apply to any new policies purchased during this period. The credit is part of our ongoing efforts to assist policyholders during this unprecedented time.
The average auto policy has a semi-annual premium of about $1,000 and generally covers more than one vehicle. This means we expect credits to average about $150 per auto policy and $30 per motorcycle policy. We estimate the benefit to our 18 million auto and one million motorcycle policyholders to be approximately $2.5 billion.