When shopping for auto insurance, many people make the mistake of shopping on price alone. But there are other considerations to keep in mind when comparing auto insurance companies.
- Financial stability. Those ultra-low teaser rates won't do you any good if the company isn't there when you need to file a claim. Verify the financial health of any insurance provider by visiting insurance rating companies like A.M. Best (www.ambest.com) or Standard & Poor's (www.standardandpoors.com). GEICO has earned high ratings from both A.M. Best (A++) and Standard and Poor's (AA+).
- Accessibility. Buying auto insurance from GEICO assures you the confidence of doing business with one of the largest providers in the nation plus the ability to contact GEICO anytime.
- Discounts. When you get an auto insurance quote, be sure to compare the discounted price available for having multiple policies with one company. GEICO offers a multi-line discount on its Auto Insurance, Motorcycle Insurance, and Umbrella Insurance products.
When is buying cheap auto insurance a good idea? If you can get financial stability, accessibility and discounts all from the same insurance company, then buying cheap makes sense. At GEICO we have a winning formula that lets us give you great service 24 hours a day and seven days a week, all at a great cheap rate! And we might even give you a toasted muffin with butter and jam.