Liberty Mutual was founded in 1926 and is headquartered in Boston, Massachusetts. The company is another national auto insurance provider and, like Geico, also has a well-known mascot, the emu LiMu. In addition to auto insurance, Liberty Mutual offers a variety of insurance products, including property, business and life insurance. Geico works with other insurance companies to underwrite every type of insurance they offer, and Liberty Mutual is one of those companies.
For example, another company that Geico partners with is The Hartford. Like Liberty Mutual, The Hartford underwrites policies for Geico but operates independently. Based on quotes from Raleigh, North Carolina, here's a summary of the difference in costs between a Liberty Mutual home insurance policy and a Geico home insurance policy. No, Liberty Mutual is not owned by Geico, although Liberty Mutual does underwrite some of Geico's homeowners, flood, condo and renters insurance policies.
Originally specializing in insurance for government workers, Geico has expanded its customer base to offer affordable insurance rates in all 50 states. Both Geico and Liberty Mutual offer unique opportunities for discounts on auto insurance, which could help you get a lower rate if you qualify. Geico and Liberty Mutual are two of the best home insurance companies in the industry that offer insurance to homeowners across the country. Liberty Mutual is owned by Liberty Mutual customers, as it is a mutual company in which the insured are partially owned.
If you're looking for an affordable auto insurance policy from an established company, Liberty Mutual and GEICO are great options. In addition, if you purchase a policy through Liberty Mutual, you can contact Liberty Mutual directly instead of having Geico as an intermediary.