Geico is one of the largest auto insurance providers in the United States. As a result, they have a variety of discounts available to their customers. One of the most popular is their mileage discount, which rewards drivers for driving less. This guide will cover everything you need to know about the Geico mileage discount, including how it works, how to qualify, and how to maximize your savings.
How Does the Geico Mileage Discount Work?
Geico’s mileage discount is designed to reward drivers for driving less by reducing the cost of their auto insurance premiums. The discount works by taking into account the total number of miles that you drive in a year and offering a discount based on that number. The exact amount of the discount will vary depending on your particular policy and the amount of miles you drive.
To qualify for the Geico mileage discount, you must have an active Geico policy and be enrolled in their mileage tracking program. In order to do this, you must install a GPS device in your vehicle that will track your miles. The device will then send the information to Geico so they can calculate your discounts.
How Much Can You Save with the Geico Mileage Discount?
The amount that you can save with the Geico mileage discount will depend on your driving habits and the type of policy you have. Generally speaking, the more you drive, the less you will save. However, if you drive fewer than 7,500 miles a year, you could be eligible for up to a 25% discount on your premium.
The exact amount of the discount will vary from person to person, and it is important to note that the Geico mileage discount is not available in all states. It is also important to remember that the discount is not permanent and can be changed or removed at any time.
How Can You Maximize Your Savings with the Geico Mileage Discount?
The best way to maximize your savings with the Geico mileage discount is to limit your driving as much as possible. This means carpooling, taking public transportation, or walking or biking instead of driving. Additionally, you can also try to limit your driving during peak times when traffic is heavier and fuel prices are higher.
It is also important to keep your car in good working order. Regular maintenance and tune-ups can help improve your gas mileage, which can lead to more savings for you. Finally, you should make sure to always obey the speed limit and drive defensively to avoid costly accidents.
What Other Discounts Does Geico Offer?
In addition to the Geico mileage discount, the company also offers a variety of other discounts. These include safe driver discounts, good student discounts, multi-car discounts, and discounts for members of certain organizations. Additionally, they offer discounts for drivers who pay their premiums in full or who sign up for automatic payments.
It is important to note that not all discounts are available in all states, and the amount of the discount will vary depending on your policy and your driving habits. As such, it is important to speak to a Geico representative to determine which discounts you may be eligible for.
Conclusion
The Geico mileage discount is a great way for drivers to save money on their auto insurance premiums. In order to qualify for the discount, you must have an active Geico policy and be enrolled in their mileage tracking program. The amount of the discount will vary depending on your particular policy and the amount of miles you drive. Additionally, there are a variety of other discounts available from Geico, so it is important to speak to a representative to determine which discounts you may be eligible for.