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GEICO Motorcycle Insurance Review


ConsumersAdvocate.org Rating: 4.3 / 5 (Excellent)
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GEICO is a Maryland-based insurance company that provides property, vehicle, and casualty insurance products and services. It is the second largest provider of auto insurance in the US and started offering policies for motorcycles in 1978. The company's motorcycle insurance includes options for injury, vehicle damage, medical payments, and accessory coverage.

How is GEICO rated?

Breakdown

4.0/5
Coverage and Additional Benefits
5.0/5
Financial Strength
4.5/5
Discounts
4.0/5
Claims and Reputation

Overall Rating: 4.3 / 5 (Excellent)

Competitive pricing and a good number of discounts make GEICO a popular choice for motorcycle insurance shoppers. Collision, comprehensive, and standard insurance options such as personal injury and property liability give policyholders the peace of mind that their insurance policy will protect them financially. Furthermore, the company has excellent financial ratings with all three agencies we considered. GEICO is a top choice for motorcycle owners searching for a solid insurance service to work with.

GEICO Coverage and Benefits

Coverage and Additional Benefits - 4 / 5

GEICO's insurance can cover a wide variety of motorcycles such as sports bikes, cruisers, trikes, scooters, and custom bikes. All of their motorcycle insurance policies include comprehensive, collision, personal injury, liability, custom parts and accessories, and uninsured/underinsured coverage.
Coverage
Liability
Collision
Comprehensive
Customized Motorcycle Parts
Uninsured/Underinsured Motorist
Additional Coverage
Accessories and Custom Parts
Rental Reimbursement
Yes
Types of Vehicles Covered
Scooters
Classic/Custom Motorcycles
Minibikes
Trail Bikes
Mopeds
Street-Sport Bikes
High Performance
Motocross

GEICO Pricing and Discounts

Discounts - 4.5 / 5

Getting a good deal is easy with GEICO's discount options. The company rewards customers for their loyalty, safe driving habits, and experience riding. Customers who transfer from another insurer to GEICO, have an active auto or RV policy with GEICO, or insure more than a single motorcycle can all qualify for additional discounts.
Discounts
Training Course
Multi Bike
Other Discounts
Mature/Experienced Driver
Responsible Driver

GEICO Financial Strength

Financial Strength - 5 / 5

GEICO's was founded in 1936 and started providing insurance for motorcycles in 1978. The company's financial scores are hard to beat, with excellent marks across all three rating agencies.
Company Type
Underwriter
Year Founded
1936
Standard & Poor's Financial Rating
AA+
Moody's Financial Rating
Aa1
AM Best Financial Rating
A++

GEICO Customer Experience

Claims and Reputation - 4 / 5

Because GEICO is an insurance giant, it's unsurprising to see generally mixed feedback about them online. They have a total of 252 negative reviews on the BBB, but also an A- grade. On Trustpilot, the company's average 5.2 rating only reflects 15 reviews, and the page is still unclaimed by the company. The NAIC reports a complaint ratio of 0.80 for GEICO, which is close to the national median of 1.00.
BBB Rating
A-
Number of BBB Positive Reviews
7
Number of BBB Negative Reviews
252
Trust Pilot Rating
5.2 out of 10
NAIC Complaint Ratio 2017
0.8
NAIC Total Complaints 2017
722
Date Collected
2018-05-17

Company Profile

Full Name
GEICO Motorcycle Insurance
Company Website
Headquarters
5260 Western Avenue, Chevy Chase, MD, 20815

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Top Rated
  • Instant, Personalized Motorcycle Insurance Quotes
  • Over Four Decades of Motorcycle Insurance Experience
  • Competitive Coverage at Great Prices
  • Comprehensive Protection for Your Bike and Accessories