Progressive Vs. Geico

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ULTIMATE COMPARISON SHOWDOWN

PROGRESSIVE VS. GEICO

Progressive Vs. Geico Poster Copy2
2021 Progressive Vs. Geico

Both Progressive Auto Insurance and GEICO are top contenders, but who will win in our insurance provider comparison show down? And what features determine the success of each company? Flo and the caveman will face off in the following rounds:

Progressive Vs. Geico
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Geico Vs. Progressive

PROGRESSIVE VS. GEICO: AVAILABLE COVERAGE

Geico Vs. Progressive ROUND 1 Progressive Insurance Flo

Do these insurance companies offer multiple coverages or bundling?

AVAILABLE COVERAGEProgressive Vs. GeicoGeico Vs. Progressive
Do they offer coverage in all 50 states?YESYES
Do they offer coverage in Canada?YESYES
Do they Provide Additional Coverage in Mexico?YESYES
Do they offer multi-vehicle policy bundles?YESYES
Do they offer higher liability limits?YESYES
Medical Payments?*YESYES
Uninsured/Underinsured Motorist? *YESYES
Various Deductible Options?*YESYES
*Medical Payments: Both companies offer options for $5000, $10,000, and $50,000 depending on the state
*Uninsured/Underinsured Motorist: Both companies offer up to the liability limits
*Deductible Options: Both companies typically offer $500, $1000, $1500, sometimes $100 or $250 depending on the state.

Both insurance companies excel in this area and offer a long list of different coverage options.

Since their lists are not identical however, it’s difficult to say who is “better.”

Contact one of our agents if you are curious about which multi-vehicle insurance policy will best fit your needs.

PROGRESSIVE VS. GEICO: CLAIMS

Geico Vs. Progressive ROUND 2 Progressive Insurance Flo

CLAIMS PROCESSProgressive Vs. GeicoGeico Vs. Progressive
How fast to process?*FASTFASTER
Overall Payout Fairness RatingVERY GOODVERY GOOD
Claims Availability RatingABOVE AVERAGEAVERAGE

Geico processes their claims in as little as 48 hours, at most taking up to 7 business days.

Progressive takes 7 to 14 days depending on the vehicle, damage, and body shop. However, most ratings give Progressive a higher score due to their availability.

PROGRESSIVE VS. GEICO: PRICE POINT

Progressive Vs. Geico ROUND 3 Progressive Insurance Flo

Who has the most affordable rates? Keep in mind that there are various factors that affect the price of car insurance.

AVERAGE INSURANCE RATESProgressive Vs. GeicoGeico Vs. Progressive
Average Minimum Liability Costs$577$380
Average Cost For a Good Driver*$1,562$1,268
Average Cost for a Driver W/ Recent DUI*$1,959$2,892
Average Cost with Good Credit*$1,613$1,445
Average Cost with Poor Credit*$3,222$2,386
Average Cost/Month Young Drivers:$160$132

At a glance, Geico appears to have cheaper insurance rates over all, but if you look closer, their rates skyrocket for high risk customers.

If you don’t have a clean driving record, Progressive might be a better fit.

PROGRESSIVE VS. GEICO: PRODUCT TYPES OFFERED

Progressive Vs. Geico ROUND 4 Progressive Insurance Flo

A good car insurance offers far more than the basics such as home and auto insurance. Which company offers more insurance options?

PRODUCT TYPESProgressive Vs. GeicoGeico Vs. Progressive
Renters InsuranceYESYES
Auto InsuranceYESYES
Motorcycle InsuranceYESYES
Insurance for Toys*YESYES
Homeowners InsuranceYESYES
SR22 FilingsYESYES
Commercial Auto InsuranceYESYES
Business Liability InsuranceYESYES
Travel Trailer InsuranceYESYES
Motorhome InsuranceYESYES
Boat InsuranceYESYES
Condo InsuranceYESYES
Umbrella InsuranceYESYES
Flood InsuranceYESYES
Dwelling (Fire) InsuranceYESYES
Inland Marine InsuranceXX
Workers Comp InsuranceYESYES
Small Business B.O.P InsuranceYESYES
GAP InsuranceYESX
*Snowmobile, ATV, Dirt Bikes

While GEICO almost has everything that Progressive has in this category…it does not have GAP insurance which is worth having if you are leasing your car or owe more on the car loan than your car is worth.

PROGRESSIVE VS. GEICO: DISCOUNTS OFFERED

Progressive Vs. Geico ROUND 5 Progressive Insurance Flo

Even if one company has more discounts than another, it’s important to keep in mind that certain discounts might only be available based on your details and driving history.

DISCOUNTS OFFEREDProgressive Vs. GeicoGeico Vs. Progressive
Paid in fullYESYES
5 Year Accident FreeYESYES
Loyalty DiscountsYESYES
Bundled DiscountsYESYES
Affiliation Discounts*XYES
Defensive DriverYESYES
Driver Safety CourseYESYES
Good StudentYESYES
Seat belt DiscountXYES
Continuous InsuranceYESYES
Vehicle EquipmentYESYES
Multi VehicleYESYES
Auto Pay and PaperlessYESYES
*Military, Federal Employee, Partnered Organizations

GEICO does offer more discounts, but make sure you contact an agent to know which discounts you even qualify for.

PROGRESSIVE VS. GEICO: CUSTOMER SERVICE

Geico Vs. Progressive ROUND 6 Progressive.flo .Lives .Round7

When it comes to customer service, of course we look for how pleasant the representative is, but we also want to know how likely they are to help us when we need it the most..

CUSTOMER SERVICEProgressive Vs. GeicoGeico Vs. Progressive
Available 24/7 and on holidays?YESYES
Will they postpone due dates?YESYES
Willing to waive late fees?YESYES
Easy to make changes online and on phone?YESYES
Bilingual Options?YESYES
Friendliness Rating?AVERAGEABOVE AVERAGE

Geico overall has higher customer service ratings when it comes to the level of “friendliness.”

However we can’t count Progressive out because they work with independent brokers and GEICO does not.

One advantage of working with an independent broker is that they act as your advocate and will find the best policy and rates for you. A direct writer like GEICO’s agents are limited in only selling what their company offers.

Geico won’t always offer the best underwriting terms or pricing plans for the client.

PROGRESSIVE VS. GEICO: MOBILE TOOLS OPTIONS

Geico Vs. Progressive ROUND 7 Progressive.flo .Lives .Round7

In 2021, mobile users have increased from 37.38% to 47.59% while desktop internet usage has dropped. It’s crucial that these providers have a great user experience when it comes to their mobile tools.

MOBILE APP OPTIONSProgressive Vs. GeicoGeico Vs. Progressive
Ability to manage policy?YESYES
Ability to make changes?YESYES
Ability to get new quotes?XYES
Ability to cancel policy?XYES

Poor Flo takes another beating. Unfortunately the Progressive app has 2 less mobile features than GEICO.

SPECIAL ROUND!

PROGRESSIVE VS. GEICO: FINANCIAL STABILITY

Geico Vs. Progressive ROUND 8Progressive.flo .Lives .Round8

PROGRESSIVE RATINGS AND STATS

A+

AM BEST

823

JD POWER

1937

Est.


GEICO RATINGS AND STATS

A++

AM BEST

828

JD POWER

1936

Est.

Progressive and GEICO are both worthy contenders, but in this round GEICO once again pulls ahead, but just by a little!

PROGRESSIVE VS. GEICO: ADDITIONAL OPTIONS FOR SAVING MONEY

Geico Vs. Progressive ROUND 9Progressive.flo .Lives .Round9

ADDITIONAL MONEY SAVERSProgressive Vs. GeicoGeico Vs. Progressive
Monitoring Device?YESYES
Disappearing Deductibles?YESX
Accident Forgiveness?YESYES

Flo had one last chance to get another swing in, and thankfully was able to land another punch.

PROGRESSIVE VS. GEICO: MASCOT VS. MASCOT

Progressive Vs. Geico ROUND 10 Progressive.flo .Lives .Round6

A more popular mascot can actually have a direct influence on purchase decision and brand appeal. If you don’t remember them…will you think to consider them for your insurance needs?

In this round, the Geico Gecko will be helping out the caveman, since it appears he is somewhat retired at the moment.

See that stats in the box below!

Progressive Vs. GeicoProgressive Popularity Stats

Number of Commericals

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Brand Recognition Rate (%)

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Number of Facebook Followers

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GeckoGEICO Popularity StatsGeico Vs. Progressive

Number of Commercials

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Brand Recognition Rate (%)

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Number of Facebook Followers

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HONORABLE MENTIONS

Progressive: Flo was added as a downloadable character in PS3 “ModNation Racers”

GEICO: The Gecko wielded the Infinity Gauntlet

Geico Gecko Infinity Gauntlet
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Yes, Boston Herald referred to Flo as “the commercial break’s new sweetheart,” and she has twice as many followers on Facebook.

However, the GEICO gecko possessed the Infinity gauntlet.

How are we supposed to decide fairly when someone has the infinity gauntlet?

After closely evaluating the criteria, it’s pretty difficult to say definitively who is “better.” Insurance is simply not one size fits all.

But let us know…if you could choose just ONE who would you choose?

Who do you like more?

Last Updated on November 5, 2021 by Shawn Christie

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