The GEICO Giveback 15% Credit
To help provide support during the coronavirus (COVID-19), we've committed to providing approximately $2.5 billion through policy credits to our auto, motorcycle, and RV policyholders. We're in this together.
Save more with a 15% policy credit for new and existing customers.
On average, the credit will be $150. This is based on the 15% credit applied to the average auto policyholder's entire 6-month policy premium of about $1,000 and generally covers more than one vehicle. For existing customers, the credit will be applied at your renewal.
To help calculate your credit and date you'll receive it, check out The GEICO Giveback Estimator.
There's nothing you need to do.
We're taking care of it for you. GEICO will automatically apply the credit for our auto, motorcycle, and RV policyholders at your next renewal.
When you can expect to see your credit.
Your credit will be reflected on your paperwork at renewal between:
- 04/08/2020 – 10/07/2020 for 6-month policies
- 04/08/2020 – 04/07/2021 for 12-month policies
Why you may not see your credit.
We're aware that some people may not be seeing their credit yet. As we continue to make updates, your credit will be applied as soon as possible. We appreciate your patience, and there's nothing you need to do.
If you've already paid on your policy, the credit will still be applied, and you'll be refunded any overpayment for the policy total.
For New Customers
We know that COVID-19 has affected all of us, so we're also extending this credit to those who get a qualifying auto, motorcycle, or RV quote and purchase with an effective date between April 8 and October 7, 2020.