GEICO Announces Customers Will Get A 15% Credit When Policies Renew


GEICO announced today they'll be giving a 15% credit to all auto and motorcycle customers when their policy renews, between April 8th and October 7th, 2020!

According to the email they sent to their customers:

This credit will also apply to any new policies purchased during this period as part of our commitment to protecting the wellbeing of our customers. The credits are expected to average $150 per auto policy and $30 per motorcycle policy. With roughly 18 million auto policies and 1 million motorcycle policies in force, we are proudly providing a total benefit of approximately $2.5 billion to our customers.

This is over and above GEICO announcing earlier that they were pausing cancellations of coverage due to non-payment or expiration.

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