At GEICO, we work hard to keep your premiums low. We work just as hard to make paying your premiums easy. Choose from a variety of payment plans — make a one-time payment or pay in installments. You can also choose your method of payment.
Save money — as much as $4 a month — by making just one payment for the full premium. We'll bill you for the full amount of your premium a few weeks before your renewal date. This one-payment option is our most economical plan. You don't pay any installment service fees.
Four Payment Plan
Installments of 25% of the premium are due on the policy effective date and 2, 4, and 6 months after the policy effective date.
Six Payment Plan
The first payment of 25% of the premium is due on the policy effective date. Payments of 15% of the premium are due 2, 4, 6, 8, and 10 months after the policy effective date.
Nine Payment Plan
The first payment of 17.60% of the premium is due on the policy effective date. Payments of 10.30% of the premium are due 2, 4, 6, 8, and 10 months after the policy effective date.
Monthly Payment Plan
New Business: The first payment of 12.50% of the premium is due on the policy effective date. Payments of 8.75% of the premium are due in months 1-10 after the policy effective date.
Renewals: The first payment of 8.33% of the premium is due one month prior to the effective date of the renewal policy. A payment of 8.33% of the premium is due on the effective date of the renewal policy. Payments of 8.33% of the premium are due in months 1-10 after the effective date of the renewal policy.
We accept checks, credit cards, money grams and western union. Checks and credit cards are accepted online.
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