GEICO

 

1. 

Auto Insurance Coverage

GEICO offers customizable auto insurance with coverages across four main categories:

A. Liability Coverages

• Bodily Injury Liability: Covers injuries or death you cause to others in an accident.
• Property Damage Liability: Covers damage you cause to someone else’s property.
  These are legally required in most states and help protect your assets if you’re at fault. 

B. Medical Coverages

• Medical Payments (MedPay): Can pay for medical bills for you or your passengers, regardless of fault.
• Personal Injury Protection (PIP): May also cover lost wages or other related expenses. 

C. Uninsured/Underinsured Motorist

• Uninsured Motorist (UM): Covers injuries or damage caused by a driver with no insurance.
• Underinsured Motorist (UIM): Covers additional gap if the at-fault driver’s coverage isn’t sufficient. 

D. Vehicle (Physical Damage) Coverages

• Collision: Covers damage to your vehicle from collisions, regardless of who’s at fault.
• Comprehensive: Covers non-collision damage like theft, vandalism, weather events, or hitting an animal. 

E. Additional Optional Coverages

• Emergency Road Service: Assistance for flat tires, towing, dead batteries, and more.
• Rental Reimbursement: Helps pay for a rental car while yours is being repaired after a covered loss.
• Mechanical Breakdown Insurance (MBI): Covers repair costs for new or leased cars (typically under 15 months or 15,000 miles). 

2. 

Vehicle Insurance for Other Types

GEICO extends coverage beyond cars:

• Motorcycle
• ATV (All-Terrain Vehicle)
• RV (Recreational Vehicle)
• Boat / Personal Watercraft (PWC)
• Collector / Classic Cars
• Mexico Auto Insurance 

3. 

Property Insurance

Protect what you own with a range of policies:

• Homeowners Insurance: Covers your home structure and personal belongings, liability, and additional living expenses if your home becomes uninhabitable. 
• Renters Insurance: Protects personal possessions inside a rented home or apartment. 
• Condo / Co-op Insurance: Covers interiors and personal property not covered by the association’s policy. 
• Mobile Home Insurance: Covers your manufactured home and belongings. 
• Landlord Insurance: Designed for rental properties—covers building, liability, and possibly loss of rental income. 
• Flood and Earthquake: Specialized policies either through GEICO partners or federal programs. 

4. 

Business & Additional Insurance Options

GEICO offers a variety of additional policies to cover other needs:

A. Business Insurance

• Business Owners
• General Liability
• Professional Liability
• Cyber Liability
• Workers’ Compensation
• Medical Malpractice 

B. Additional Personal Insurance

• Umbrella (extra liability protection above your standard policy)
• Life Insurance
• Travel & Overseas Insurance
• Identity Protection Insurance
• Pet Insurance
• Mobile Device Protection
• Jewelry Insurance
• Event Insurance
• Bicycle Insurance 

5. 

Understanding GEICO Coverages & Terminology

• The term “full coverage” commonly used by customers is a myth; it’s not a single, standard policy. It usually refers to a combination of liability, collision, and comprehensive—your actual coverages should reflect your needs. 
• GEICO offers tools like their Coverage Calculator to help you align coverage and deductibles with your budget and state requirements. 
• Bundling policies (like auto and home) often earns discounts.