TALLAHASSEE, Fla.--(BUSINESS WIRE)--GEICO recently filed two rate decreases that will lower auto insurance premiums for more than 1.3 million Florida customers. Over the past two years, GEICO has reduced annual premiums for Florida drivers by more than $500 million through multiple rate decreases – including an April 2026 reduction affecting more than 700,000 customers.
“Florida’s insurance market continues to show sustained improvement, and we’re committed to making sure our customers feel that improvement directly in what they pay.” - Yang Yu, GEICO’s chief insurance product officer
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