GEICO is owned by Berkshire Hathaway, one of the five largest commercial auto insurers in the U.S.[?] That standing reflects the company’s proven ability to pay for claims if your business truck gets sideswiped or your delivery van needs major repairs after an accident.
One of GEICO’s strengths is its DriveEasy Pro program, which uses technology to track employee driving and offers discounts to business owners for safe driving. Although this program isn’t available in every state, GEICO’s strong financial foundation makes it a company worth considering, especially if you’re shopping for cheap commercial insurance.
GEICO offers combined single-limit liability policies for flexible coverage.
AM Best gives the company an A++ financial strength rating.
The DriveEasy Pro Dashcam option provides road-facing cameras and instant safety alerts.
During the underwriting process, GEICO reviews your business operations, including vehicle types and driver histories. It also considers your industry, business size, operating locations, and even the type of cargo you’re hauling (if applicable) to personalize your insurance quotes.
With that information, GEICO builds a policy that can include bodily injury and property damage liability, collision and comprehensive coverage for vehicle repairs, medical payments, and uninsured/underinsured motorist protection.
You can also access specialized coverage tailored to your business needs. For example, freight haulers may need cargo insurance, businesses that rent or borrow vehicles can benefit from hired and non-owned vehicle coverage, and trucking companies using trailers they don’t own may require trailer interchange insurance.
Once your policy is active, you can use digital tools to manage your fleet, make payments, and get ID cards or proof of insurance.
GEICO also offers optional telematics through its DriveEasy Pro program. Each vehicle gets an onboard diagnostics (OBD) device to track driver behavior and location. With GEICO’s fleet management dashboard, you can get live updates and a bird’s-eye view of your entire operation.
Check rates from a top business insurance company
Discounts can affect your business insurance costs significantly, especially when insuring multiple vehicles.[?] GEICO offers several ways to trim your commercial auto premiums. While the company outlines a few discounts specifically for commercial policies, it may adapt other discounts from its personal auto offerings.
Remember that potential savings and eligibility requirements may vary depending on your state, vehicle types, and business operations. It’s best to call GEICO directly for personalized policy info and discount information.
Business Discount Type | Potential Savings |
|---|---|
| Multi-vehicle fleet | 25% |
| Safety training programs | Varies |
| Anti-theft devices | 23% |
| Multi-policy bundling | Varies |
| Accident-free discount | Varies |
| Military discount | 15% |
| Telematics | Varies |
| New vehicle | 15% |
| Paperless | Varies |
| Paid in full | Varies |
| Auto pay | Varies |
Financial strength and customer satisfaction ratings in commercial insurance carry extra weight, along with prompt claims handling and professional support. GEICO shows mixed performance in these categories.
For example, AM Best awards GEICO its top A++ rating for financial strength, indicating a “superior” ability to process claims and service accounts.[?] But GEICO doesn’t appear in the J.D. Power Small Commercial Insurance Customer Satisfaction rankings.
Additionally, the NAIC Complaint Index gives GEICO a score of 90.91 for commercial auto insurance, indicating the company receives more customer complaints than the industry average. While not alarming, this suggests GEICO may have some service issues that commercial customers should consider when evaluating policy options.
Rating Source | Score | What This Means |
|---|---|---|
| AM Best Financial Strength | A++ | Superior |
| J.D. Power Small Commercial Insurance Customer Satisfaction | Not rated | No available data |
| NAIC Commercial Complaint Index | 90.91 | More complaints than expected |
Protect your business vehicles today
GEICO commercial auto coverage offers higher liability limits than typical personal auto insurance to protect businesses from greater risks.
Compared to industry standards, GEICO offers a wide range of core and specialized commercial coverages. The following coverages are available:[?]
GEICO’s lineup of business insurance products can help you avoid having to manage policies across multiple insurers. For instance, GEICO offers general liability insurance and professional liability coverage to protect your business.
A business owners policy (BOP) covers business equipment, inventory, and lost income if a disaster forces you to close temporarily.[?] It also provides liability protection if someone is injured on your property. GEICO also offers workers’ compensation insurance to cover lost wages and medical expenses for injured employees.
See below for answers to several frequently asked questions about GEICO commercial auto insurance.
Yes. GEICO is a reputable licensed commercial auto insurance company with more than 70 years of experience. It ranks among the top five largest commercial auto insurers in the U.S. and has a strong financial rating that demonstrates its ability to pay claims.
You can file claims through GEICO’s mobile app and website or by calling its 24/7 claims hotline. You’ll share claim details, submit documentation (photos, police report, etc.), and work with a claims adjuster.
Yes. You can get same-day commercial auto coverage from GEICO, although complex fleets or specialized vehicles may require additional time. You can talk to one of GEICO’s licensed commercial auto specialists for an accurate timeline based on your needs.
Yes. GEICO covers many commercial vehicle types, including box trucks, food trucks, service utility trucks, pickup trucks, work vans, and even regular cars. But you might need specific insurance coverage for dump trucks or cargo or if you own and operate a commercial vehicle.
Contact GEICO’s commercial auto department by calling 1 (866) 509-9444. Chat support is also available, or you can manage your policy from the mobile app or online through your GEICO account.
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