Compare Erie vs. GEICO: Which Is Cheaper?
Average premiums for Erie and GEICO are very similar. While GEICO is slightly cheaper on average, Erie is cheaper for certain types of drivers. For example, policyholders with infractions like at-fault accidents and DUIs pay less on average at Erie. On the other hand, GEICO offers much more generous rates to drivers with bad credit.
The Cheapest Car Insurance Companies in 2021
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Erie and GEICO are two of the cheapest auto insurance companies you can pick for your car insurance needs. Car insurance rates at both companies beat the national average. In most cases, the only insurer to offer cheaper rates than Erie and GEICO is USAA, which is only available to military members, veterans, and their eligible family members.
Compare Erie vs. GEICO Car Insurance by Age
One factor that car insurance companies consider when setting your premium is your age because it directly relates to your years of driving experience. Drivers in their 50s and 60s tend to have the best rates. Young drivers, on the other hand, pay the highest premiums. That’s because teen drivers are more likely to be in a car accident than any other age group.
Both Erie and GEICO offer discounts that can help offset the high cost of car insurance for young drivers, but households with teens on their policies will still pay significantly more. Here’s what you can expect from each company based on your age.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Erie is cheaper than GEICO for most age groups and especially for teens. In fact, of all the car insurance companies we reviewed, Erie offers the cheapest rates to teen drivers. It’s highly unusual to find premiums below $100 for teens.
Compare Erie vs. GEICO Car Insurance by Gender
Most car insurance companies will consider your gender when setting your car insurance rates, and women will pay slightly less than men at most insurers. At a younger age, the difference is usually more pronounced because teen males are more than twice as likely to die in a crash as teen females, according to the CDC.
Which is cheapest for men?
GEICO is cheaper on average for men, but only by a couple of dollars. Both companies beat the national average premium for men, and only USAA offers cheaper rates.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Which is cheapest for women?
GEICO is cheaper than Erie for women on average, but again, the difference is slight. Both insurers are cheaper than the national average rate for women, and only USAA offers cheaper rates than GEICO.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Compare Erie vs. GEICO Car Insurance by Mileage
Your estimated mileage tends to have a minimal impact on your car insurance premiums, but low-mileage drivers will pay slightly less at most insurers. Low-mileage drivers can often realize greater savings by enrolling in a usage-based program. Both GEICO and Erie offer telematics programs that can help you save or earn rewards based on your actual driving behavior.
Which is cheapest for drivers with high mileage?
GEICO offers high-mileage drivers cheaper rates than Erie, but only by a matter of a few dollars. Both companies beat the national average rate for high-mileage drivers.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Which is cheapest for drivers with low mileage?
GEICO is cheaper for low-mileage drivers than Erie, but only by a matter of a few dollars. Both insurers offer better rates than the national average.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Compare Erie vs. GEICO Car Insurance by Credit Score
Unless prohibited by state law, most car insurance companies consider your credit-based insurance score—a score generated from information in your credit report—when establishing your insurance premiums. That’s because studies have found a correlation between poor credit and more frequent or costly insurance claims.
Drivers with excellent credit will pay the lowest rates, and those with good credit will enjoy generous rates as well. But rates spike at some companies for drivers with poor credit. Here’s what you can expect from Erie and GEICO.
Which is cheapest for good credit?
Erie is slightly cheaper than GEICO for drivers with good or excellent credit, and both insurers offer cheaper premiums than the national average rate.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Which is cheapest for bad credit?
Erie charges drivers with average and poor credit higher rates than GEICO. The difference in price between the two companies is especially steep for those with poor credit. However, both insurers offer rates lower than the national average.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Compare Erie vs. GEICO Car Insurance by Driving Record
Your driving history is an important factor in determining your car insurance rates. If you have infractions like speeding tickets or DUIs on your record, car insurance companies are going to view you as a greater risk and charge you higher premiums. Sometimes, you can offset the high cost by taking a defensive driving course to earn a discount, so ask your insurance agent.
While your driving record isn’t the only factor taken into account, it will significantly affect your rates. Here’s what Erie and GEICO charge drivers on average based on their past violations and accidents.
Which is cheapest for good drivers?
GEICO charges slightly less than Erie for drivers without any infractions in their driving history, but the two insurers are close in price. You should check your individual rates with Insurify before choosing a company. Both Erie and GEICO offer cheaper premiums than the national average for drivers with a clean record.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Which is cheapest after a speeding ticket?
Erie is slightly cheaper than GEICO on average for drivers who have been caught speeding. But both insurers charge generous rates below the national average.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Which is cheapest after an accident?
Drivers with accidents on their record pay slightly less at Erie than at GEICO, but both companies beat the national average. State Farm also offers comparably low rates to drivers who have been in crashes.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Which is cheapest after a DUI?
A DUI is a serious offense, so it’s not surprising that GEICO hikes up rates for DUI drivers. Erie’s rates are cheaper on average for DUI drivers, but they’re not the cheapest. State Farm and USAA both offer lower rates. However, rates from both Erie and GEICO are lower than the national average.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.