GEICO Home Insurance Coverages
A homeowners policy with GEICO will cover you for all “named perils” within your policy documents. Bear in mind, “named perils” vary from company to company, and the amount of coverage will vary policy to policy. When conducting comparison shopping, be sure that you fully understand the components of coverage before making your decision.
You’ll typically be choosing between three options:
The comprehensive form is the most common type of insurance plan for homeowners.
What is covered under GEICO home insurance?
With a GEICO homeowners insurance policy, you can be (almost) sure you’re covered for:
Property damage from fire, weather, and other disasters (not including flooding, earthquakes, and other exclusions depending on where you live) to your house and other structures, like a garage, gazebo, or shed.
Damages to personal property, like electronics, as named in your policy. Be sure to tally up a list of your personal belongings and their value to ensure you get enough coverage in your policy. If standard coverage isn’t enough, speak to your agent about raising your coverage limit.
Some coverage for jewelry, with the option to purchase more coverage.
Personal liability, which protects you in the event someone sues you due to an injury on your property.
Loss of use coverage, which pays for hotels and other expenses that are incurred due to damage to your property that prohibits you from living there temporarily.
Why do we say almost sure? Everyone’s home insurance needs will be slightly different—and the most likely damages vary from property to property. The more likely a specific type of damage, the more expensive the insurance that covers the damage. If the risk is too high, GEICO, like most home insurance companies, may not offer coverage at all.
If your policy doesn’t offer everything you need, you can purchase additional coverage. Sometimes this means coverage add-ons to your policy. Other times it may mean adding a separate insurance policy, such as a flood insurance policy. More on this below.
GEICO Insurance Underwriting
Also, note that GEICO does not underwrite its home insurance policies. While you can purchase coverage through a GEICO agent, it is underwritten and ultimately serviced by a different company. GEICO partners with more than 30 companies nationwide, making it difficult to say for sure:
What policy components each company will underwrite
How efficiently your claim will be processed
Customer satisfaction with each insurance partner
So, while you can go to a GEICO insurance agent to purchase your policy, you will need to contact the Insurance Agency Partner for almost everything else. According to the GEICO website, this includes:
Bill payment and questions
Claims process from beginning to end
Changes in coverage within your policy
Obtaining policy information
The following is a complete list of GEICO’s Insurance Agency Partners:
Bay City Underwriters
Berkshire Hathaway Specialty Insurance
California Fair Plan
First Insurance Company of Hawaii
Foremost Property and Casualty Insurance Company
Heritage Property and Casualty Insurance Company
Hawaiian Insurance and Guaranty Company, Limited
Homeowners of America
Interboro Insurance Co
Lemonade Insurance Company
Narragansett Bay Insurance Company
Privilege Underwriters Reciprocal Exchange
RLI Insurance Co
Stillwater Insurance Group
TAPCO Underwriters Inc
Universal Ins Co of North America
Universal Property & Casualty Insurance Company
Universal Risk Advisors
Wellington Risk Ins Agency