- 1 geico motorcycle insurance commercials
- 1.1 Geico Motorcycle Insurance Plans
- 1.2 Why Should You Go for Geico Motorcycle Insurance Plans
- 1.3 GEICO Motorcycle Insurance Review
- 1.4 GEICO Motorcycle Insurance Coverage Options
- 1.5 GEICO Motorcycle Insurance Payment Options
- 1.6 GEICO Motorcycle Insurance Discounts
- 1.7 Discount details and percentages
- 1.8 Geico Insurance - Is it for you?
- 1.9 Geico Motorcycle Insurance Review
- 1.10 GEICO Spends How Much on Commercials?
- 1.11 What’s the Point of GEICO’s Commercials?
geico motorcycle insurance commercials
Geico Motorcycle Insurance Plans
Why Should You Go for Geico Motorcycle Insurance Plans
Searching for the Best Insurance Plans? Geico Motorcycle Plan is the First Choice of Bikers
Having your bike insured is a must if you are looking for financial stability and security in case of an accident. Even if you are riding with caution, an accident is inevitable and may occur at any time.
From motorcycle repair to hospital charges, the perils of a bike accident can be a huge burden for an unsuspecting victim. Therefore, it is a smart decision to shop for Geico motorcycle insurance as soon as you put on your helmet for your very first bike ride!
Geico motorcycle insurance plans are highly acclaimed both amongst riders and industry professionals because of their reliable service, variety of packages, attractive rates and dedicated customer support. Thus, it is always a smart decision to go for a Geico motorcycle insurance of you are looking for the best insurance plan out there.
Is Having an Insurance Plan Enough?
Sadly, no. Even if you have the best insurance plan registered in your name, professional legal assistance is a must when you make a claim.
After an accident, a lot of things can go haywire in an instant.
- In the panic and confusion that follows, most bike riders don’t even pause to look at the accident site and they are charged wrongfully for the incident by the other party.
- Insurance companies too may not take into account your statement if you don’t have any professional backing to prove that you weren’t actually the one who caused the accident.
- The other party may threaten to sue you, which adds to the overall stress and frustration for the already traumatized accident victim.
In all these cases, support by a legal attorney can save you a lot of time and resources and result in a decision that is better suited for your case.
Trust Cycle Law attorneys for professional legal guidance and complete support when you are filing for a Geico motorcycle insurance claim. Our expert attorneys will help you:
- File for a successful Geico motorcycle insurance claim.
- Avoid claim rejections.
- Deal with all the legal investigations and proceedings.
- Get back on your feet again and recover without stress.
Hold Your Ground and Prove Your Innocence to Get a Better Geico Motorcycle Claim
If you are ever in a bike accident, being proactive and alert on the accident site will help you build a stronger case.
- If you are stable, take pictures that thoroughly document the accident site and give a clear view of the vehicles involved in the accident, the marks on the road and any other road debris.
- Ask a friend or any other eye witness to do the job for you if you can’t manage it on your own.
- Contact a legal attorney as soon as you can to file for a successful claim and document your innocence before your legal rights expire.
Cycle Law Provides Legal Assistance for All Kinds of Bike Accidents
It does not matter what type of bike accident you were in and what was the reason of the incident. As long as you are innocent, Cycle Law attorneys will fight tooth and nail to make sure that you receive the Geico motorcycle insurance claim that you legally and rightfully deserve.
Trust Cycle Law for expert legal assistance and get one step closer to mental peace and a speedy recovery!
GEICO Motorcycle Insurance Review
Reviewed by Drew | Comments Off on GEICO Motorcycle Insurance Review
GEICO (Government Employees Insurance Company) is one of the most popular insurance providers in the United States for motorcycle insurance. When most people think of well-known mainstream insurance companies, GEICO is a household name. Most people know this company because they have some of the best marketing in the industry. Their commercials generally include either the green lizard or cavemen characters – and yes, they make people laugh.
GEICO Gecko – The Gecko is extremely popular because he’s non-human, is extremely polite and logical, and talks about how much you can save if you switch to his insurance company.
GEICO Cavemen – The commercials involving the cavemen generally involve other people making fun of the cavemen. What makes them funny is that they are self-conscious and dislike when people say “so easy a caveman can do it” when referencing how easy it is to switch insurers.
Although you probably agree that the GEICO commercials are downright hilarious, you probably want to know whether they provide quality motorcycle insurance. In this review, I’m going to break down their ratings, explain their insurance options for motorcyclists, and go in-depth regarding what they all cover. In other words, you’ll be able to find out whether their motorcycle insurance lives up to the hype of their commercials.
As you read through this GEICO motorcycle insurance review, keep in mind that at anytime you can get free quotes from the top of the page simply by entering your zip code. The quotes that you get will compare only the top rated insurance companies for motorcyclists in your area.
GEICO was officially established back in 1936 as an insurance company by a guy named Leo Goodwin in Fort Worth, Texas. Leo launched the company with his wife Lillian with the goal of providing car insurance for government employees. That’s why the acronym for GEICO is “Government Employees Insurance Company.” Most people that don’t know the roots of this fine company tend to wrongfully assume that they are a newcomer to the insurance industry. Defining them as a newcomer couldn’t be further from the truth. The reason that they may seem new to some people is because they have done a great job at staying trendy with their marketing.
If you do a little bit of research, you’ll understand that the founder of GEICO actually worked for USAA insurance. When he started his own company, he wanted to insure only the least risky individuals – hence the reason for choosing to target government employees. In 1964, David Lloyd Kreeger became president of GEICO and pooled together funds from investors to take the company to the next level by offering insurance to the general public. If it had not been for his influence, the company may not be providing the general public with insurance.
When the company became public, the company pushed for rapid expansion and ended up losing a lot of money – they recorded over $126 million as a loss. In order to prevent GEICO’s death as a company, a group of insurance companies took over its policies. The company also was forced to offer stock options to help raise money for claim payments. After five long years, and some downsizing GEICO finally figured out a strategy that worked.
After many ups and downs within the infrastructure of the company, GEICO transformed into one of the leading insurance companies in the U.S. It wasn’t until 1978 that GEICO began offering motorcycle insurance to their customers. In 1996, GEICO was purchased by Berkshire Hathaway and they are now recognized as a fully owned subsidiary. They are currently recognized as the third largest private auto insurance provider in the United States and are regarded as a leading provider of motorcycle insurance as well.
GEICO Motorcycle Insurance Coverage Options
One of the most important aspects to investigate with any insurance company is their coverage options. The amount of coverage that you get is essential to understand whenever you buy an insurance policy. If you are paying for insurance, you want to make damn sure that your motorcycle is going to get properly repaired if it is damaged. Additionally, you want to make sure that you are going to be insured if you are involved in an accident with injuries.
Accessories coverage – If you purchase either a comprehensive or collision policy through GEICO, you will be insured for the following accessories: saddlebags, backrests, seats, chrome pieces, CB radios, as well as your helmet (with collision only). It specifically states on their website that accessory insurance for your motorcycle will vary by state. They also say that if you need additional coverage, they will allow you to purchase extra.
Bodily injury liability coverage – This insures you if you crash your motorcycle and injure or kill someone. GEICO provides different limits of this type of insurance for you to choose from. They will also hook you up with a legal attorney on your side if another party attacks you with a lawsuit.
Collision coverage – Their website says that they will pay for damage to your motorcycle when it collides with another vehicle. So anytime you crash, you will be able to fix up your motorcycle as long as you purchased this type of coverage.
Comprehensive coverage – If your motorcycle is a victim of vandalism, fire, or theft (e.g. is stolen), you will be insured if you buy comprehensive coverage through GEICO.
Medical Payments, No-Fault, PIP (Personal Injury Protection) Coverage – They offer the medical protection that you want and/or need for both your passengers and yourself while riding your motorcycle.
Property damage liability coverage – Property damage liability insurance is among the most fundamental types of insurance for your motorcycle. It is a no brainer that this type of coverage is included in GEICO’s policy because it is mandatory in all 50 states. With that said, they do offer different levels for you to choose from depending on your budget. Additionally, they will spot you with a legal attorney if anyone files a lawsuit against you.
Uninsured & Underinsured motorist coverage – If you are hit by an uninsured motorist or another driver without adequate insurance, GEICO will make sure that you have adequate coverage. They will essentially help pay for the damage that the underinsured party cannot currently cover.
GEICO Motorcycle Insurance Payment Options
GEICO offers a variety of different payment options for their customers. They really seem like they have gone the extra mile in terms of types of payment plans they offer as well as how they accept payments. The nice thing about having flexible payment options is that you can choose the number of payment installments per year that you would like for your policy.
If you have enough cash to pay off your policy in full, GEICO will certainly let you choose this option. They have a number of different installments for making payments and there are no fees associated with any of the installments. Below are the options that they offer:
4-Pay – If you would like, you can opt to make payments in 4 installments.
6-Pay – As you may have guessed, this involves making payments in a set of 6 installments.
9-Pay – This involves paying off your policy in a series of 9 installments.
Most motorcycle advocates pay for their policy on a monthly basis. The rate that you pay depends on a number of different risk factors that are between you and GEICO. You can also opt to pay your premium in a series of installments. However, if you pay your premium in installments, you will be expected to pay additional fees for each installment.
There are multiple ways in which you can make your motorcycle insurance payment through GEICO. Currently, they allow you to pay over 10 different ways and all of them are pretty impressive. They accept pretty much every type of payment. Below are a list of the payment methods that they accept!
Does GEICO offer paperless billing?
Yes, if you are a fan of paperless billing and paying online without receiving a paper statement, GEICO offers you that option. I personally am a big fan of paperless billing because it saves me time of having to shuffle through papers and look at all my statements. When you can look at and coordinate your bills online with automatic payments, it makes the entire process easier.
GEICO Motorcycle Insurance Discounts
If you want to maximize your savings with GEICO, it is important to make sure that you look into available discounts offered through their motorcycle insurance policies. Below, I will break down some of the ways in which you can save money with GEICO.
Car insurance – If you already have a car insurance policy through GEICO, you will be given a discount for adding a motorcycle to the existing policy.
Mature riders – If you are considered to be a “mature rider” or are an older, veteran motorcyclist, you will save money on insurance because you are in a less risky age group.
Multiple motorcycles – Do you own more than one motorcycle? If you need multiple motorcycles insured, you will save more money compared to getting just one insured.
Renewing an existing policy – When you renew a policy that you already have through GEICO, they offer savings.
Safety Course – If you complete a safety course through the Motorcycle Safety Foundation or a Military Safety course, you will be able to save money on your insurance policy.
Transferring to GEICO – People that currently have their motorcycles insured through a different company,
Discount details and percentages
If you buy a motorcycle insurance policy through GEICO, it is important to know the exact percentages of savings. Fortunately, they provided the information to the general public so that people know what kind of deals they will get ahead of time. Although not everyone is eligible, many people will be able to reap the benefits of these discounts.
GEICO has been offering motorcycle insurance coverage since 1978 and has plenty of experience and affordable rates for all drivers. They offer 24/7 customer service and process claims efficiently. If you look at the ratings directly from customers that are currently insured through GEICO, they have given their own company 4.7 out of 5 – which is very solid.
They offer insurance for many different types of motorcycles like: sport bikes, cruisers, touring bikes, scooters, trikes, customized bikes, trikes, as well as Enduros. If you aren’t sure whether your motorcycle will qualify for insurance, you can always call and ask.
When it comes to getting motorcycle insurance through a solid, established company, GEICO is among the elites. They have been rated an A++ (superior) by the A.M. Best Company, who analyzes insurance companies on an independent basis. With every company that we review, it is extremely important to look at the A.M. Best Rating because all of their ratings are 100% independent from corporate influence.
Currently GEICO has about a 97% customer satisfaction rating, which is quite impressive. The company is known for paying their claims quickly and on time with very few complaints. If you decide to get your motorcycle insurance policy through GEICO, you should feel good about your decision as they are one of the best companies in the industry. Not to mention the fact that you’ll have the Gecko lizard and cavemen on your side…haha This company is the editors choice and I highly recommend them to anyone interested in getting their motorcycle insured.
Get Free GEICO Motorcycle Insurance Quotes Online!
Do you want to see how GEICO’s motorcycle insurance policy compares to other companies? If so, you can use any of the tools on this page. All you have to do is enter your zip code and the leading insurance companies will display results based on your location. To get quotes is 100% completely free, extremely quick, and easy. So what are you waiting for? Use the quote tool, get started, compare rates, and find the best company for your needs!
Geico Insurance - Is it for you?
Geico Insurance, love them or hate them, you can't quite ignore them!
As an insurance agency, Geico car insurance was founded in 1936 by Leo Goodwin and was originally for military and government personnel.
These days Geico, for better or worse, is the third largest auto insurer in America for everyday individuals.
I put their popularity down to their Geico gecko tv commercials to be honest!
Geico Auto Insurance has a 24/7 customer service program and has offices and service centers throughout the country.
The actual Geico headquarters are located in Chevy Chase, Md. The company has more than $15 billion in assets.
Geico reviews for car insurance and motorcycle insurance can be found on its own website, but we have our own Geico reviews below. Check them out, and please add your own experiences with Geico for those who come after you.
In addition to car and motorcycle insurance, Geico offers a wide range of other types of coverage, too.
- ATV insurance
- Umbrella insurance
- Homeowners insurance
- Renters insurance
- Condo insurance
- Co-op insurance
- RV insurance
- Life insurance
- Boat/PWC insurance
- Flood insurance
- Mobile home insurance
- Overseas insurance
- Commercial insurance
- Identity Theft insurance
Geico auto insurance offers a variety of payment methods and plans. These include automatic payments, web-pay, and phone pay. This makes handling your policy just that little bit easier because you can deal with it any time of day at your own convenience.
You can create accounts online for both the automatic payments and Web-Pay. Online pay can be made through Direct Check or debit/credit cards.
If you choose to pay bills online, you can also add drivers or new cars to your premiums, verify and adjust your deductibles, file and follow claims, and switch your street or mailing address. All of this is done through a secure website.
The phone number for Phone-Pay is 1-800-932-8872. Geico car insurance also lets you choose whether you want to pay your premiums in 2 installments, 3 installments, 4 installments, or monthly. However, the more installments you choose, the more fees you may be charged. The best savings are had when you pay for the full year all at once!
So what exactly does Geico auto insurance provide? It depends on what coverage you choose, but it providesвЂ¦
Geico Motorcycle Insurance Review
ConsumersAdvocate .org Rating: 9.1 / 10 (Excellent)
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Geico has become a household name when it comes to vehicle insurance. The company’s auto insurance offer also includes a dedicated motorcycle insurance policy that provides motorcycle-specific protection. Motorcycle insurance coverage is extended for a variety of motorcycles including sport bikes, cruisers, trikes, scooters and custom bikes. Policies include comprehensive, collision, personal injury and more to give motorcycle owners and passengers’ extensive protection.
A.M. Best Financial Rating A++
A.M. Best Issuer Rating aaa
S&P Financial Strength AA+
S&P Issuer Strength AA+
Custom, trike, vintage motorcycle coverage
Property damage liability
Uninsured/ underinsured motorist body injury
Uninsured/ underinsured motorist property damage liability
Towing and labor
Getting in contact with a Geico representative is possible with their 24/7 claims processing.
24/7 claims processing
Finding a better deal is possible with Geico’s discount options. Rewards for loyal customers and those who show responsible, safe driving habits are entitled to premium savings.
Transferring from another motorcycle insurance provider
Geico allows a variety of payment gateways especially for cycle payments. This include electronic fund transfers to traditional payment methods such as checks and money orders.
Web-pay – activate an online account, pay anytime
Automatic payments – enroll in an Electronic Funds Transfer (ETA)
Geico Motorcycle Insurance Summary
Competitive pricing and a good list of discount items makes Geico a popular choice for motorcycle insurance shoppers. Collision, comprehensive and standard insurance items such as personal injury and property liability gives policy holders the peace of mind that their insurance policy can protect them financially. A top choice for motorcycle owners searching for a solid insurance service to work with.
GEICO Spends How Much on Commercials?
Watched the television lately? Surfed the internet? Chances are you’ve seen a GEICO commercial. That’s no coincidence. Car insurance advertising has become one of the largest marketing niches in America. These days, you can’t go online, watch TV, listen to the radio or even venture outside without seeing some form of advertising.
Of the four largest insurers in the US, GEICO is the smallest (State Farm, Allstate, and Nationwide round out the class). In spite of its relatively small size, it still packs quite a punch.
Bankrolled by Berkshire Hathaway, GEICO’s advertising budget is the largest in the auto insurance industry. Their ads appear on your television, in your newspapers, during movie previews, even on your hockey rinks. They’re funny, clever and so varied that you can’t wait to see what they’re going to do next. Most importantly, they make you think about car insurance; whether you want to or not.
In 2013, GEICO raised its advertising budget from $1.12 billion to $1.18 billion, making them the fifth most advertised brand in any industry (in 2003, they were 87th). This meteoric rise through the ad-spend rankings has been due entirely to some enthusiastic spending by Warren Buffet.
Buffet has been heard saying that if he had $2 billion to spend on advertising he would. This might be a useful way of getting rid of his money if other companies were catching up, but they aren’t. In 2013, State Farm – another one of the big-spending auto insurance companies – spend only $802.8 million on advertising.
If you’re anything like us, these numbers don’t actually mean anything – they’re just too big. To give you a better sense of what this money goes to, consider this: GEICO’s 30 second Super Bowl commercial from 2015 cost $4.5 million. $150,000 per second.
Where does the money come from? Premiums, of course. If you have a policy with GEICO, approximately 6.5% of your monthly check is going to advertising. I hope you’re enjoying the heck out of that lizard.
A recent study may suggest that the larger advertising budget doesn’t actually improve market share, but simply maintains it. Car insurance is one of those products that we don’t want to have and hope we never have to use. Shopping for car insurance is a hassle and we hate the idea of paying for it. For many of us, we’re going to buy the policy that has the lowest rates, not the one that has the best advertising.
We may visit GEICO’s site more often because their name is familiar, but if they can’t offer us the best price, we’re going to take our money elsewhere (while still enjoying their commercials). The increase in spending from all of the major insurance companies does not appear to be correlating to an increase in policyholders. Especially with so many players on the field, spending more on advertising does not seem to be the key to getting more customers.
What the numbers do show is a distinct gap between GEICO (and its peers) and everyone else, both in advertising spend and in market share. In other words, in order to stay competitive, companies have to spend competitively. Like the Red Queen in Alice Through The Looking Glass, who tells Alice she has to run as fast as she can just to stay in the same place. Except here it’s not about running, it’s about spending.
What’s the Point of GEICO’s Commercials?
Aside from relativity and the value of the dollar, what do geckos and camels and bluegrass duos have to do with auto insurance? Not a lot. It’s a growing trend among in-the-know marketing specialists that advertising doesn’t necessarily have to sell your product anymore; it just has to get people talking about it. Content and advertisements that focus too much on the product suffer from lack of creativity and don’t stick in your brain. GEICO, and more and more of their competitors, have realized this, and the result is a truck-load of car insurance commercials that have nothing to do with car insurance.
Although GEICO’s advertising strategy may seem a bit unorthodox to some purists but the numbers suggest that it’s working. Everyone has heard of GEICO. When people are shopping for car insurance, they are more likely to look for a specific company than to search for “car insurance” generally. In an age when we are so inundated with advertising all the time, the most recognizable brand will win the day. The GEICO slogan has even garnered an attack-ad-style campaign from Esurance. If that’s not a successful ad campaign, I’m not sure what is.