Gianetta Palmer is a writer, copywriter, and essayist. Her work has appeared in, Healthline, and The Dyrt Magazine. She is the author of Scrunchie-Fried and writes a lot about car insurance in her spare time.

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Joel Ohman is the CEO of a private equity-backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He also has an MBA from the University of South Florid...

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Reviewed by Joel Ohman
Founder, CFP®

UPDATED: Jul 1, 2020

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Like many car insurance providers, GEICO offers several car insurance premium discounts to qualified policyholders.

Some of these discounts are uniformly offered across the country and some are subject to state-specific policies and regulations.

If you want to save on your GEICO auto insurance, be sure you are taking maximum advantage of these opportunities.

GEICO divides discounts into a few general categories:

1. Vehicle Discounts

Your car can save you a lot of money, and that’s aside from the savings for driving a safer, more reliable, or less expensive car.

GEICO is like most other insurance companies in that they will reduce your rates by a few dollars for each of the following safety features you have or have installed on your car.

(You should always check to see if any upgrades you want to make to your car qualify for discounts, especially if the potential for savings is your primary motivation):

  • Air bags – Driver-side airbags are good for 25% off and full front seat bags for 40% off, but this only applies to the medical payments and/or personal injury protection (PIP) coverage options on your policy.

  • Alarm/security system – Make your car less likely to get stolen and you could save up to 25% on the added premium for a comprehensive coverage option.

  • ABS – Anti-lock brakes that come factory installed can save you up to 5% on adding a collision option.

2. Safe Practices, Education, and Signs of Reliability

Seat belts – the simple act of always wearing your belt and keeping passengers buckled in can be good for a 15% reduction on the medical payments or PIP coverage costs.

Good Driver Discount – show yourself to be safe by going five years accident free and you may qualify for up to 26% in total savings.

(GEICO automatically applies this discount in most circumstances, but you should be aware of this and always confirm your eligibility with your GEICO agent.)

Good Student Discount – full-time students can get up to a 15% discount. The specifics of this discount depend on individual state laws, but usually only students between age 16 and 25 with a “B” average or better are legally eligible.

(Some states allow the discount if a student makes the Dean’s List or Honor Roll of his/her school and other states offer a equivalency test for home-schooled students.)

Driver’s Education for Young Drivers – new drivers are expensive, but if they go through the driver’s ed classes that are usually required by the state, or driver’s education approved by the state and recognized by GEICO, insuring them can be slightly more affordable.

Defensive Driving Course discount – not all states allow defensive driving course insurance discounts (Massachusetts and Vermont are two examples) but in most states, if you complete an approved defensive driving course, course you can qualify to further lower your GEICO premiums.

3. Customer Loyalty

More than one car – GEICO offers a discount of up to 25% on car insurance when you insure additional vehicles.

Bundling – insuring your home with GEICO or taking on a product like renters insurance from GEICO can lead to a reduction in the cost of your car insurance for having multiple policies.

4. Your Profession or Professional Affiliation

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