Geico and Liberty Mutual are two of the best home insurance companies in the industry that provide insurance to homeowners across the nation. Keep reading our Geico vs. Liberty Mutual home insurance review to learn about the differences in customer service, endorsements, and discounts.

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Geico vs. Liberty Mutual Home Insurance

Based on quotes from Raleigh, North Carolina, here is an overview of cost difference for a Liberty Mutual home insurance policy vs a Geico home insurance policy.

Geico vs. Liberty Mutual: Home Insurance Comparison

ProviderGeicoLiberty Mutual
Other structures coverage limits10% of dwelling10% of dwelling
Personal property coverage limits70% of dwelling70% of dwelling
Liability coverage limits$100,000, $200,000, $300,000, $500,000, or $1 million$100,000, $200,000, $300,000, or $500,000
Monthly price*$116$139
Unique add-onsValuable collections, rebuildingWater backup, sump overflow, hurricanes
Customer service24/724/7 for claims; limited for sales and service
BBB ratingA+A+

*Based on quotes from Raleigh, North Carolina

 


 

Geico vs. Liberty Mutual Home Insurance Coverage Comparison

Geico and Liberty Mutual offer the same types of coverage—dwelling, other structures, personal property, loss of use, liability, and medical payments to others.

 

Geico Coverage

When requesting a Geico quote, you’ll provide information about your home, and the company will give you a rebuilding cost estimate that you use for dwelling coverage. Other structures, personal property, and loss of use coverage is determined using the guidelines below, and you’ll get to choose your liability and medical payments coverage and deductible.

Coverage

Type of CoverageCoverage Options
Other structures10% of dwelling
Personal property70% of dwelling
Loss of use20% 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

To further customize your policy, Geico offers the following endorsement options:

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

 

Liberty Mutual Coverage

Liberty Mutual coverage options look identical to Geico’s because Geico doesn’t have its own insurance policies—instead, Geico uses an underwriting company to provide insurance to its customers, and Liberty Mutual is one of the home insurance underwriters for Geico.

Here’s an overview of Liberty Mutual coverage limitations:

Coverage

Type of CoverageCoverage Options
Other structures10% of dwelling
Personal property70% of dwelling
Loss of use20% of dwelling
Liability$100,000, $200,000, $300,000, or $500,000
Medical payments to others$1,000, $2,000, $3,000, $4,000, or $5,000
Deductible$250, $500, $1,000, or $2,500

 


 

Geico vs. Liberty Mutual Home Insurance Cost Comparison

According to the Insurance Information Institute, the average homeowner paid about $101 per month for homeowners insurance in 2017. However, the overall cost of your policy will depend on the following factors:

  • Credit score
  • Square footage of your home
  • Claims history
  • Cost to rebuild your house
  • Proximity to a fire station and fire hydrant
  • Number and type of pets

To give you an idea of how Geico and Liberty Mutual policies compare to the national average, we requested quotes from both companies using their online quote tools. We used the same one-story house in Raleigh, North Carolina, with four bedrooms and 3.5 baths.

 

Geico Cost

After answering questions about the home, like the type of materials used for roofing, siding, flooring, and countertops, Geico estimated that the property would cost $239,100 to rebuild. Other structures, personal property, and loss of use coverage was calculated from that number, and we chose the liability, medical payments, and deductible amounts.

Here’s how much a Geico home insurance policy would cost for a one-story house in Raleigh:

Pricing

Type of CoverageAmount 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

Geico also offers three discounts to help you save money on your policy:

  • Multi-policy (bundling Geico auto insurance with your home insurance policy)
  • Having smoke detectors and fire extinguishers
  • Having home security systems

Note: You may be eligible for more discounts through the underwriting company for your policy.

 

Liberty Mutual Cost

Our team went through a similar process for getting a Liberty Mutual quote, however, Liberty Mutual estimated a higher cost to rebuild even though we used the same house information.

Here’s how much a Liberty Mutual home insurance policy would cost for a one-story house in Raleigh:

Pricing

Type of CoverageAmount of Coverage
Dwelling$322,500
Other structures$32,250
Personal property$225,750
Loss of use$64,500
Liability$300,000
Medical payments to others$1,000 per person
Deductible$1,000
Monthly cost$139

Here are a few Liberty Mutual discounts that could help you save money on your policy:

  • Claims-free
  • Safe homeowner
  • Early shopper
  • Newly purchased home
  • New/renovated home
  • New roof
  • Multi-policy
  • Insured to value
  • Preferred payment
  • Paperless policy

 


 

Our Conclusion

Though Liberty Mutual is slightly more expensive than Geico, we recommend Liberty Mutual for its multiple discount offerings and specific coverage. Additionally, if you purchase a policy through Liberty Mutual, you’ll get to communicate with Liberty Mutual directly instead of having Geico as an intermediary.

The biggest downside to Liberty Mutual is its customer service. Geico has 24/7 phone lines for any insurance question, while Liberty Mutual has a 24/7 claims line and limited hours for sales and policy questions. Geico also has a chat function on its website, along with an app and customer portal, while Liberty Mutual only has a portal and app.

Before deciding on an insurance provider, whether it’s Liberty Mutual, Geico, or another home insurance company, we recommend getting at least three homeowners insurance quotes. This will allow you to compare coverage options, pricing, discounts, and more.

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Frequently Asked Questions

Our Rating Methodology

The This Old House Reviews team is committed to providing comprehensive and unbiased reviews to our readers. This means earning your trust through transparency and having the data to back up our ratings and recommendations.

With that in mind, we created an objective rating system to score each home insurance company. Here’s what that review process looked like:

  • We analyze the information on each company’s website. This allows us to determine what products and services are offered by each home insurance provider.
  • We get a sample quote from the companies by either talking to a sales representative or by using the online quote tool. This tells us what a policy looks like and costs.
  • We test customer service by talking to a company representative, finding out their hours of operation, and determining what technological features are available for customers.
  • We update all of this information on a continuous basis, storing it in a proprietary database that allows us to compare dozens of home insurance companies against each other.

With this data, we created a rating methodology to score each home insurance company. Our rating system is a weighted, 100-point scale based on the following factors:

  • Coverage (30): We rated home insurance companies higher if they offered the six main types of homeowner protection—dwelling, other structures, personal property, loss of use, liability, and medical payments to others coverage.
  • State availability (7.5): Companies scored higher if they covered more states than their competitors.
  • Customer service (15): This factor is based on our communications with the company representatives, as well as the companies’ claims and quotes processes, availability throughout the week, and customer service information found on their websites.
  • Technology (12.5): Technology can increase the efficiency of filing and tracking home insurance claims. Companies scored higher if they had technology options like mobile apps and online chat functions.
  • Reputation (20): We gauged trustworthiness based on years of experience and Better Business Bureau (BBB) ratings.
  • Additional benefits (15): Companies that offered optional features, like discounts and endorsements, scored higher than competitors that didn’t.

Our Reviews team has a full-time researcher who collects and regularly updates data points from every company to help us compare them on key factors such as coverage, service, and dependability.

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