{"slug":"geico-vs-state-farm","title":"GEICO vs State Farm: How the Two Insurers Differ","url":"https://www.aversusb.net/compare/geico-vs-state-farm","faqCount":6,"faqs":[{"question":"Is GEICO or State Farm cheaper?","answer":"It depends on you. Auto insurance prices depend on your driving record, vehicle, location, coverage and discounts, so one company can be cheaper for one driver and pricier for another. Get quotes from both with the same coverage limits and deductibles."},{"question":"Who owns GEICO and who owns State Farm?","answer":"GEICO is a subsidiary of Berkshire Hathaway, which bought its remaining shares in 1995 and completed the deal by 1996. State Farm Mutual Automobile Insurance Company is a mutual company, which means it answers to its policyholders rather than shareholders."},{"question":"Does State Farm pay dividends to policyholders?","answer":"State Farm announced a $5 billion mutual auto policyholder dividend in February 2026. Whether and how much a policyholder receives depends on State Farm's terms and state rules."},{"question":"Do I deal with an agent at GEICO or State Farm?","answer":"State Farm sells mainly through its agents. GEICO was built on selling directly to customers and offers 24-hour phone service and online and mobile quotes and purchase; it also runs the GEICO Insurance Agency for homeowners, renters and other coverage."},{"question":"Where are GEICO and State Farm available?","answer":"GEICO offers insurance in all 50 states and the District of Columbia. State Farm is headquartered in Bloomington, Illinois. Check each company's quote tool or agent for coverage in your state."},{"question":"How old are GEICO and State Farm?","answer":"State Farm issued its first policy on June 7, 1922. GEICO was established in 1936 as the Government Employees Insurance Company, first serving federal employees and certain military personnel."}],"faqPageSchema":{"@context":"https://schema.org","@type":"FAQPage","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#faq","url":"https://www.aversusb.net/compare/geico-vs-state-farm","inLanguage":"en-US","name":"GEICO vs State Farm: How the Two Insurers Differ — FAQ","description":"Frequently asked questions about GEICO vs State Farm: How the Two Insurers Differ","dateModified":"2026-10-16T00:00:00.000Z","author":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B"},"publisher":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B"},"isPartOf":{"@type":"Article","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#article"},"license":"https://creativecommons.org/licenses/by/4.0/","speakable":{"@type":"SpeakableSpecification","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#faq-speakable","cssSelector":[".faq-answer"]},"mainEntity":[{"@type":"Question","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#q1","name":"Is GEICO or State Farm cheaper?","answerCount":1,"acceptedAnswer":{"@type":"Answer","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#a1","text":"It depends on you. Auto insurance prices depend on your driving record, vehicle, location, coverage and discounts, so one company can be cheaper for one driver and pricier for another. Get quotes from both with the same coverage limits and deductibles.","inLanguage":"en-US","url":"https://www.aversusb.net/compare/geico-vs-state-farm","upvoteCount":1,"author":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B"}}},{"@type":"Question","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#q2","name":"Who owns GEICO and who owns State Farm?","answerCount":1,"acceptedAnswer":{"@type":"Answer","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#a2","text":"GEICO is a subsidiary of Berkshire Hathaway, which bought its remaining shares in 1995 and completed the deal by 1996. State Farm Mutual Automobile Insurance Company is a mutual company, which means it answers to its policyholders rather than shareholders.","inLanguage":"en-US","url":"https://www.aversusb.net/compare/geico-vs-state-farm","upvoteCount":1,"author":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B"}}},{"@type":"Question","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#q3","name":"Does State Farm pay dividends to policyholders?","answerCount":1,"acceptedAnswer":{"@type":"Answer","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#a3","text":"State Farm announced a $5 billion mutual auto policyholder dividend in February 2026. Whether and how much a policyholder receives depends on State Farm's terms and state rules.","inLanguage":"en-US","url":"https://www.aversusb.net/compare/geico-vs-state-farm","upvoteCount":1,"author":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B"}}},{"@type":"Question","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#q4","name":"Do I deal with an agent at GEICO or State Farm?","answerCount":1,"acceptedAnswer":{"@type":"Answer","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#a4","text":"State Farm sells mainly through its agents. GEICO was built on selling directly to customers and offers 24-hour phone service and online and mobile quotes and purchase; it also runs the GEICO Insurance Agency for homeowners, renters and other coverage.","inLanguage":"en-US","url":"https://www.aversusb.net/compare/geico-vs-state-farm","upvoteCount":1,"author":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B"}}},{"@type":"Question","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#q5","name":"Where are GEICO and State Farm available?","answerCount":1,"acceptedAnswer":{"@type":"Answer","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#a5","text":"GEICO offers insurance in all 50 states and the District of Columbia. State Farm is headquartered in Bloomington, Illinois. Check each company's quote tool or agent for coverage in your state.","inLanguage":"en-US","url":"https://www.aversusb.net/compare/geico-vs-state-farm","upvoteCount":1,"author":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B"}}},{"@type":"Question","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#q6","name":"How old are GEICO and State Farm?","answerCount":1,"acceptedAnswer":{"@type":"Answer","@id":"https://www.aversusb.net/compare/geico-vs-state-farm#a6","text":"State Farm issued its first policy on June 7, 1922. GEICO was established in 1936 as the Government Employees Insurance Company, first serving federal employees and certain military personnel.","inLanguage":"en-US","url":"https://www.aversusb.net/compare/geico-vs-state-farm","upvoteCount":1,"author":{"@type":"Organization","@id":"https://www.aversusb.net/#organization","name":"A Versus B"}}}]}}