GEICO Insurance is one of the largest insurance companies in the world today. As an insurance agent, you can make a shit load of money marketing their insurance policies as they have different packages to accommodate different client’s needs.
But unfortunately, GEICO does not have a referral discount for bringing new customers to the company. That’s not unusual, though. No major insurance company gives policyholders a discount on their auto insurance premium for referring friends and family to become customers.
Liberty Mutual used to have a referral program, giving $25 gift cards to participating policyholders whose referral code was used to get a quote by a potential new customer. But even that program was discontinued.
The closest thing GEICO has to a referral discount is its affiliate discount program. There are more than 800 organizations partnering with GEICO to earn their members a discount of up to 8%. If your university, employer, fraternity, sorority, charity, or other association referred you to Gcoie, you can get the discount applied to a new policy. If you’re already a customer, just call GEICO at 800-207-7847 to have your rate adjusted.
However, you can enjoy customer loyal discount when you insure more than one car with GEICO. When you buy one car insurance coverage with GEICO, you could get a discount of up to 25% on most of your car insurance coverages.
From what we gathered on their website, the available GEICO insurance discounts (not referral) they offer are:
- Car insurance discounts and premium reductions
- Motorcycle insurance discounts
- Multi-policy discounts
- Membership and employee discounts
- Insurance discounts and premium reductions for the military
- Insurance discounts and premium reductions for students
- High-Paying Insurance Companies That Offer Affiliate Programs
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GEICO referral program is an awesome program for any policyholder desiring to get insurance discount on their next insurance. GEICO affiliate program is available on Commission Junction.