Geico

The Motorcycle Insurance Guide

Overall Personalized Rating: 4.8/5 (Excellent)

Overall Personalized Rating: 4.8/5 (Excellent)

Summary

Geico is well known for its aggressive advertising, particularly with its gecko and caveman ads. The company goes way back to 1936 when it started out as the Government Employees Insurance Company (hence the name GEICO) to provide insurance to federal employees. Geico has expanded greatly beyond these roots and offers vehicle insurance to all types of consumers. Geico introduced motorcycle insurance in 1968, and is one of the leading insurance companies in the category.

Key Benefits

  • Offers competitive prices on Motorcycle insurance, some of the lowest in some regions
  • Simple and straightforward pricing & policy packages
  • Customer service sometimes spotty
  • Very solid financially

Ratings Summary

Ratings Highlights

Overall Rating
Geico has a strong reputation for providing low-priced insurance. They are less of a standout on the service and claims side. Our pricing research found a lot of variation in the competitiveness of their pricing in different geographic markets, sometimes Geico was the best, but in other markets less competitive. Given that, you would be well served to get a Geico quote in your market.
Pricing
Our pricing research found less consistency with Geico's motorcycle pricing than its peers. The pricing tended to vary a lot by geographic market. In some markets, Geico had the best pricing, in others, not so much.
Handling Claims
Unlike on pricing, Geico doesn't have as stellar a reputation when it comes to service and claims handling. Also, Geico may not be the best option if you do get into an accident as premiums could go up materially.
Young Riders
Geico is definitely worth getting a quote from if you are a young rider. Although there was a lot of variability, you could find that Geico provides you with the best value.
Bundling Auto with Other Insurance Types
Geico has traditionally on vehicle insurance, so if you are bundling auto and motorcycle Geico is a great choice. Geico has come out with homeowners insurance to address more of your insurance needs, but it has less of a history with this insurance line than some other carriers.
Riders with Tickets/Accidents
Geico is definitely worth getting a quote from if you are a rider with a less than perfect record on the road. We found that Geico had a lot of variability in pricing based on which market you happen to be in, sometimes the best, sometimes not so competitive.

Company Background

Geico is the second largest auto insurance company in the US with 13.8% market share. Founded in 1936, GEICO is a wholly owned subsidiary of Warren Buffet's Berkshire Hathaway. Headquartered in Chevy Chase, MD outside of Washington, DC, Geico writes policies in all 50 states.

The Motorcycle Insurance Guide's Reviews Methodology

The Motorcycle Insurance Guide uses a proprietary algorithm to evaluate the motorcycle insurance options presented. Factors reviewed and rated include pricing, handling of claims, age of the rider, bundling, and rider type. These factors are evaluated and scored to provide an overall score for the carrier as well as being individually assessed to provide a detailed review of the fit of the carrier to the rider. The data comes from research The Motorcycle Insurance Guide conducts as an invite-only annual survey and from interviews with motorcycle insurance agents. Insights from experts, those whose job it is to understand and recommend the best insurance companies for their clients, is invaluable. Use of The Motorcycle Insurance Guide's 2021 reviews by third parties without the express written consent of The Motorcycle Insurance Guide is strictly prohibited.