GEICO Senior Discount: Ways to Save on Your Insurance Plan

GEICO Senior Discount: Ways to Save on Your Insurance Plan

Retirement is a time to relax and enjoy life, but it can also be expensive. One of the biggest expenses for seniors is insurance – from health coverage to auto policies. GEICO has become a trusted name in car insurance, offering competitive rates and reliable coverage. But do they have anything special available for their older customers? That’s a valid question you might have. So, let’s take a look at what GEICO has to offer to seniors.

Is There a GEICO Senior Discount?

Geico understands that retirement can be tough financially, and seniors often need a break when it comes to insurance. That’s why Geico offers several senior discounts so that their mature customers can save money on car insurance coverage. 

Plus, GEICO has a special renewal program that guarantees your Geico policy will be renewed in the future, regardless of age or any changes that have occurred since you first purchased it. So, it’s safe to say that GEICO is the way to go if you’re looking for an insurance provider that caters to seniors. 

Who Qualifies for the GEICO Senior Discount?

Geico offers a variety of discounts and benefits for seniors aged 50 and over. Although the exact requirements may vary by state and the discount program, Geico generally offers discounts for seniors who have remained accident-free and have had no violations for several years. 

Is GEICO Senior Discount Available Statewide?

GEICO offers its senior discounts in most states, though the exact and their terms offers may vary. In order to take advantage of GEICO’s senior discount program, it’s best that you contact GEICO directly to learn more about their policy and the discounts available in your area. 

What Deals Are Available to GEICO Senior Customers?

What Deals Are Available to GEICO Senior Customers

The GEICO senior discount program offers various deals and benefits for those aged 50 and over, including:

  • Five-year good driving discount, 
  • Retired government and military discount, 
  • Multi-car discount, 
  • Prime Time contract.

So, let’s take a closer look at these discounts. 

Defensive Driving Discount

GEICO offers seniors a 10% discount on applicable coverages if they complete an approved defensive driving course. GEICO recognises courses offered by the National Safety Council, American Safety Council and Defensive Driving by IMPROV.

To qualify for GEICO’s defensive driving discount, you must:

  • Be 50 years old or over.
  • Complete the defensive driving course on your own, not per order from the court or government.

Five-year Good Driving Discount

GEICO recognises seniors who have maintained an accident-free driving record for five years and rewards them with a discount of up to 22% on most coverages. So, if you have 5 years of driving experience and no accidents or violations, GEICO may be the right choice for you. 

To find out more about the offer, call GEICO at (800) 861-8380. GEICO’s friendly customer service representatives will be happy to assist with all the questions you might have.

GEICO’s Military Discount

If, by any chance, you are a retired member of the armed forces, you may be eligible for GEICO’s special discount program. That said, GEICO offers up to 15% off on select coverages for members of the following groups:

  • Active Duty
  • Retirees
  • Veterans,
  • National Guard, 
  • Reserves.

Multi-Car Discount

Turns out, having multiple cars insured by GEICO can actually save even more money on your car insurance. That said, if you have two or more cars insured with GEICO, you could be eligible for a multi-car discount of up to 25%. 

This discount can be applied to your insurance coverage for both cars. So, make sure you check that offer if you’re considering GEICO.

GEICO’s Prime Time contract

While many companies would be reluctant to insure those over 50, GEICO offers a Prime Time contract that can guarantee your GEICO policy will be renewed even if you reach a certain age. 

You must meet the following requirements to be eligible for this offer:

  • Have at least 50 years of age
  • Have a clear record with no violations within the past three years 
  • Have no operators under the age of 25 

When you sign up for a policy with GEICO, the Prime Time contract will be added to your plan from the start or at any renewal time.

It’s also important to keep in mind that this contract is limited to certain states, so it’s best to check with your local GEICO office for more details. 

Bottom Line

GEICO’s senior discounts are a great way to save money on insurance without worrying about the financial burden of car insurance. So, make sure you consider the options GEICO has to offer and get the best deal for your needs. Thank you for reading!

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