GEICO Doesn’t Offer Home Owners Insurance Directly!
You know that buying homeowners insurance is important and if you are in the process of buying a home, you know it’s required.
Now that you have decided to look for homeowners insurance, I understand why a GEICO home insurance review would be one of the first reviews on your mind.
But guess what…
As I stated above, GEICO doesn’t actually underwrite or manage any of their policies and they take the roll of an agent when it comes to home insurance.
Today I am going to discuss how GEICO homeowners insurance actually works, a company that I think is a much better alternative and how to get home insurance quotes.
The Truth About GEICO Home Insurance
As you see in the below image, GEICO functions more like an agent or broker when it comes to homeowners insurance policies.
This means that they will not be the actual company that your home insurance policy will be with.
So, if you were excited about purchasing through GEICO because of their ratings, financial strength and overall reputation, then you are probably upset.
But, the truth is, I have saved you from a time consuming quote process that GEICO has, and guess what, after completing that process they don’t actually give you quotes.
They send you to the below page:
So, on top of Not getting insurance with them, you also won’t be getting an immediate quote and should be preparing to get emailed or having actually call them just to get a quote.
What Does GEICO Claim?
Other GEICO reviews rate GEICO against other companies, but remember, GEICO doesn’t underwrite their own homeowners coverage so they mainly rely on their name recognition to sell homeowners insurance through affiliate partners.
They also say they will make setting up and servicing a homeowners policy easy.
Is Their Claim True?
Not Really,
They can’t offer you much in the way of discounts since they don’t actually underwrite the policies.
The majority of their savings will probably come from they auto insurance portion of the coverage if you already have it with them.
But, in all honesty, the savings you will get when you go directly with a homeowners insurance company will be much better.
The Better & More Affordable Option
If I am being honest, I was very disappointed that GEICO didn’t give me a quote after taking me through almost 30 questions. They also asked for my birthday, email address, current home address and everything about my new home, but still no quote. Well don’t worry, I have a company that I have found to be a much better alternative by the name of Hippo Insurance.
How To Take Action
Click any button on this page to start comparing home insurance options and find the best coverage for your needs.
This might not be the GEICO home insurance review that you were expecting, but I hope it opened your eyes up to finding the best home insurance available. Just click on any button to get started.