clock menu more-arrow no yes

Geico vs. USAA Home Insurance

With a home insurance policy from Geico or USAA, you get protection from structural damage, property damage, and liability claims. To learn which company is best for you, read our Geico vs. USAA home insurance comparison.

american home near trees Adobe

While both Geico and USAA offer dwelling, other structures, loss of use, personal liability, medical payments to others, and personal property coverage to homeowners, the companies vary in terms of customer service, eligibility, endorsements, discounts, and pricing.

To help you determine the best homeowners insurance company for you, read our in-depth Geico vs. USAA home insurance comparison to learn what makes each company unique. For free home insurance quotes in your area, call 855-948-5219 or enter your zip code in our free quote tool:

Geico vs. USAA Home Insurance Comparison

Provider Geico USAA
Provider Geico USAA
Other structures coverage limits 10% of dwelling 10% of dwelling
Personal property coverage limits 70% of dwelling 50% or 70% of dwelling
Liability coverage limits $100,000, $200,000, $300,000, $500,000, or $1 million $100,000, $300,000, $500,000, or $1 million
Monthly price* $116 $151
Discounts available 3 5
Unique add-ons Valuable collections, rebuilding Flood
Customer service 24/7 24/7 for claims; limited for sales and service
BBB rating A+ A-

*Based on quotes from Raleigh, North Carolina

Geico vs. USAA Home Insurance Coverage Comparison

Geico and USAA both offer six main types of home insurance coverage in their policies—dwelling, other structures, personal property, loss of use, liability, and medical payments to others. The two differ in terms of coverage options and endorsements.

Geico Coverage

Geico uses the cost to rebuild your home as dwelling coverage, which is determined by asking you questions about your home during the quote process. Other structures, personal property, and loss of use coverage come from a percentage of dwelling coverage, and you get to choose liability, medical payments, and deductible amounts from the options below.

Geico Coverage Amounts

Type of Coverage Coverage Options
Type of Coverage Coverage Options
Other structures 10% of dwelling
Personal property 70% of dwelling
Loss of use 20% of dwelling
Liability $100,000, $200,000, $300,000, $500,000, or $1 million
Medical payments to others $1,000, $2,000, $3,000, $4,000, or $5,000
Deductible $250, $500, $1,000, or $2,500

If you want more protection for your home, you can add these endorsements to your policy at an additional cost:

  • Water backup and sump overflow
  • Identity theft protection
  • Business pursuit
  • Loss assessment coverage
  • Earthquake coverage
  • Blanket jewelry coverage

USAA Coverage

Like Geico, USAA uses your home’s rebuilding cost to determine dwelling, other structures, personal property, and loss of use coverage and allows you to choose liability, medical payments, and deductible amounts.

However, USAA’s base policy includes coverage for credit card and forgery, supplemental loss assessment, and business property. Additionally, USAA will split up your deductible based on peril depending on where you live. Take a look at your USAA coverage options below.

USAA Coverage Amounts

Type of Coverage Coverage Options
Type of Coverage Coverage Options
Dwelling 80%–150% of rebuilding cost
Other structures 10% of dwelling
Personal property 50% or 70% of dwelling
Loss of use 20% of dwelling
Liability $100,000, $300,000, $500,000, or $1 million
Medical payments to others $5,000
Credit card and forgery $500, $1,000, $2,500, or $5,000
Supplemental loss assessment $1,000, $6,000, $11,000, $16,000, $21,000, $26,000, $31,000, $36,000, $41,000, $46,000, or $51,000
Business property $2,500, $5,000, $7,500, or $10,000
Deductible (all other perils/wind and hail) $500/1% of dwelling, $500/2% of dwelling, $500/5% of dwelling, $500/$1,000, $500/$2,000, $500/$5,000, $1,000/1% of dwelling, $1,000/2% of dwelling, $1,000/5% of dwelling, $1,000/$1,000, $1,000/$2,000, $1,000/$5,000, $2,500/1% of dwelling, $2,500/2% of dwelling, $2,500/5% of dwelling, $2,500/$2,500, or $2,500/$5,000

USAA offers similar endorsements to Geico:

  • Limited water backup and sump discharge or overflow
  • Earthquake
  • Increased building ordinance or law
  • Flood
  • Valuable personal property

Geico vs. USAA Home Insurance Cost Comparison

The average cost of homeowners insurance in 2017 was about $101 per month, according to the Insurance Information Institute. However, this amount will vary by state, person, and home. To give you an idea of the insurance rates from Geico and USAA, we requested quotes from both companies using information for a one-story home in Raleigh, North Carolina, with four bedrooms and 3.5 bathrooms.

Geico Cost

After our team answered questions about the condition of the home and the materials used to build it, Geico estimated the rebuilding cost to be $239,100. That number was used to determine dwelling, other structures, personal property, and loss of use coverage. The remaining amounts were chosen by our team.

Geico Cost Breakdown

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $239,100
Other structures $23,910
Personal property $167,370
Loss of use $47,820
Liability $300,000
Medical payments to others $1,000 per person
Deductible $1,000
Monthly cost $116.16

Geigo offers three discounts to help you save money on your monthly premium:

  • Bundling insurance policies
  • Having smoke detectors and fire extinguishers in your home
  • Installing home security systems

USAA Cost

USAA estimated the same home to cost $329,000 to rebuild. We used that number for dwelling coverage, which helped determine other structures, personal property, and loss of use amounts. We chose $300,000 for liability and $1,000 for our deductible since those are standard amounts, and we chose the lowest coverage options for the remaining areas of protection.

USAA Cost Breakdown

Type of Coverage Amount of Coverage
Type of Coverage Amount of Coverage
Dwelling $329,000
Other structures $32,900
Personal property $164,500
Loss of use $65,800
Liability $300,000
Medical payments to others $5,000
Credit card and forgery $500
Supplemental loss assessment $1,000
Business property $2,500
Deductible (all other perils/wind and hail) $1,000/$1,000
Monthly cost $151.17

Here are the USAA discounts that can help lower your policy amount:

  • Bundling insurance policies
  • Being claims-free
  • Having home security systems
  • Insuring your home for the full amount of the rebuilding cost
  • Having a new home

Our Conclusion

We recommend Geico to homeowners who are looking for an affordable policy and USAA to homeowners who want expanded coverage for areas that aren’t typically included in a base policy.

We received a quote from Geico for $116 per month, which is close to the national average of $101 per month. This gets you standard coverage for the structure of your home, your personal belongings, and liability. You also have the choice of adding six endorsements to your plan, and you have access to Geico’s 24/7 customer service line.

The biggest downside to Geico home insurance is that the company doesn’t write its own policies. Geico uses underwriting companies, which means you may have to communicate with the underwriting company instead of Geico. This also means that your coverage amounts, endorsements, and discounts may look different by state because Geico may use a different underwriter for your location.

While a USAA policy costs more than a Geico policy, you get more protection with coverage for credit card forgery, business property, and supplemental loss assessment. USAA also provides more dwelling, personal property, deductible, and discount options than Geico.

However, USAA does have a larger volume of negative complaints relating to its customer service, which explains its B+ rating from the Better Business Bureau (BBB). The company also has limited customer service compared to Geico. While you can use the USAA online portal, mobile app, online chat, or claims line at any time, questions relating to your policy, sales, and billing can only be answered during regular business hours.

Before deciding which company best suits your home protection needs, get quotes from both home insurance providers by calling 855-948-5219 or using the tool below.

FAQs About Geico and USAA Home Insurance

Who is eligible for USAA home insurance?

To purchase any insurance products and services from USAA, you have to become a member. The company was designed to serve military members, which is why only current military members, veterans, and their immediate families can join.

What are the benefits of a USAA membership?

With a USAA membership, you have access to the USAA bank and discounts for traveling, car rentals, security systems, and more.

Can I get home insurance quotes online?

Yes. Both USAA and Geico allow you to get quotes for homeowners insurance online. After answering questions about you, your home, and your desired coverage, the companies will generate a quote and let you purchase a policy on the spot.

What is a bundling discount?

Most insurance companies, including Geico and USAA, offer more than just home insurance. You can also purchase renters insurance, life insurance, auto insurance, and other insurance policies. When you purchase more than one insurance policy from the same company, you’re eligible for a bundling discount.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviews@thisoldhousereviews.com.