No, Geico doesn't offer breach insurance, but you can find affordable policies from many other major insurance companies. Gap insurance is a type of special coverage that pays the difference between the real cash value of your car and the balance of your loan or lease if the vehicle is stolen or totally stolen. You may need to have temporary coverage if your vehicle is financed. Geico does not offer GAP insurance.
Geico policyholders should find GAP coverage through a lender, such as a dealer, bank, or credit union. Another option is to use another auto insurance company that does offer GAP coverage. When comparing Progressive and Geico, Progressive offers more insurance coverage options and add-ons, and Geico offers more affordable rates on average. If your dealer, lender, or auto insurance company doesn't have provisional insurance, it probably won't be covered.
State Farm is an insurance company that not only offers auto insurance services, but also renters and home insurance. Nationwide Insurance is a mutual insurance company that offers basic, standard and premium coverage and offers a variety of discounts and add-ons that customers can enjoy. Make sure you continue to receive a good deal on your entire auto insurance policy before switching to another auto insurance company instead of using a lender's GAP coverage. You can also compare quotes and buy your insurance to cover additional expenses over the phone, directly with your company, with what they call a “captive agent” (someone who only works for one company) or with an insurance broker or independent agent.
By the way, GAP is also known as guaranteed asset protection insurance and guaranteed auto protection insurance. Government Employees Insurance Company or better known as GEICO is an American auto insurance company based in the state of Maryland. Gap insurance, which covers the difference between the loan balance and the actual value of the car, can come from a dealer, bank, credit union, or auto insurance company. On this page you'll find a detailed overview of GAP insurance and everything it entails, so you know more before deciding where to buy GAP insurance and from whom, and you can also compare cheap breach insurance quotes in advance.
Of course, Geico customers also have the option of looking for an auto insurance policy with coverage. Jesse has worked with many national companies, including Nationwide, State Farm, Travelers and Liberty Mutual, and specializes in auto and home insurance and health, life, accidental death and disability insurance. Every insurance company determines its rates differently, so even though Geico is among the cheapest car insurance companies, the best way to ensure you're getting the cheapest rate is to compare quotes from several insurers. Breach insurance policies can be purchased from many of the major well-known breach insurance providers, with a strong and flourishing market.
For example, buying a car from a dealership along with coverage insurance or buying a car insurance policy that includes additional coverage insurance is NOT considered stand-alone breach insurance.