What can you tell me about GEICO Insurance Company?

Answer:
GEICO Insurance Company was founded in 1936


by Leo Godwin, who provided reduced cost automobile insurance coverage for military and government personnel. The company today still emphasizes finding ways to control costs, and to pass those savings along to customers.


Even though GEICO is most well known as a leading automobile insurance provider, the company offers a wide variety of coverage options for individuals and businesses. The company offers a full spectrum of vehicle policies, including coverage for: automobiles, boats, motorcycles, personal watercraft, recreational vehicles, and all terrain vehicles.

GEICO also offers a wide selection of property coverage policies, including homeowners, renters, condo, co-op, flood, and mobile home coverage. GEICO also offers umbrella policies, and can provide overseas coverage for both vehicles and property.

GEICO Insurance is owned by Berkshire Hathaway, Inc., and is among the largest private passenger automobile insurance providers in the United States. The company has more than 8 million policyholders and insures more than 18 million vehicles.

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