What Is “GEICO PAYMENT” on My Bank Statement?

Short answer: it's GEICO charging you $50–$300+.

⚡ Quick Answer
Charge:GEICO PAYMENT
Service:GEICO
Amount:$50–$300+/mo
Category:insurance
Legitimate:✅ Yes (if you signed up)

Also Appears As

GEICO AUTOGEICO INSURANCEGEICO PYMTGOVERNMENT EMPLOYEES INS

Why Am I Being Charged?

GEICO auto or other insurance payment. GEICO charges can vary month-to-month if you're on a payment plan vs. 6-month/annual policy. Rate increases at renewal are common.

Common Reasons for This Charge:

How to Cancel GEICO

Call GEICO at 1-800-841-3000 or visit geico.com. Cancel through your account online → Manage Policy → Cancel. Get proof of new insurance first.

Don't Recognize This Charge?

Call 1-800-841-3000 for billing questions. For rate disputes, ask about available discounts — bundling, good driver, etc.

🔍 Find ALL Hidden Charges on Your Statement

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📚 Related Guides

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