GEICO announced that it has reduced auto insurance rates for its policyholders in Phoenix. The average rate decrease is six percent for GEICO and GEICO General policyholders.
“Improved driver experience, which has resulted in a decrease in accidents and fewer losses for our company, is the main reason for the rate decrease,” said Martha Furnas, assistant vice president and manager of the company’s Tucson office. “We’re glad we can provide our policyholders with some savings, and we hope to attract new customers with our lower rates.”
Overall premium changes for individual motorists will vary depending on factors such as the coverage they carry and discounts for which they qualify.
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