UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                      PURSUANT TO SECTION 13 OR 15(d)OF THE
                         SECURITIES EXCHANGE ACT OF 1934
                                    04/20/04
                Date of Report (Date of earliest event reported)

                               SAFECO CORPORATION
               (Exact name of registrant as specified in Charter)

   WASHINGTON                    1-6563                        91-0742146
(State or other                (Commission                  (IRS Employer
jurisdiction of                File Number)                Identification No.)
incorporation)

      Safeco Plaza, Seattle, Washington                          98185
  (Address of Principal Executive Offices)                    (Zip Code)

                                 (206) 545-5000
              (Registrant's telephone number, including area code)


Item 12.     Results of Operations and Financial Condition

On April 20, 2004, Safeco Corporation issued a press release announcing its
financial results for the first quarter of 2004, a copy of which is furnished
herewith as Exhibit 99.1.

Exhibit No.

99.1     Text of press release and financial supplement dated April 20, 2004.





                                   Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                               SAFECO CORPORATION
                                               ---------------------------------
                                               Registrant


          Dated:   April 20, 2004
                                               /s/Maurice S. Hebert
                                               ---------------------------------
                                               Maurice S. Hebert
                                               Vice President and Controller