Government Employees Insurance Company (GEICO) is one of the largest and most recognized auto insurers in the United States.
Company Overview
GEICO is the second-largest auto insurer in the United States with approximately 14% market share. Founded in 1936 by Leo and Lillian Goodwin in Fort Worth, Texas, the company initially served U.S. government employees and military personnel.
Over time, GEICO expanded its services to all American drivers and became a major player in the insurance industry. Since 1996, GEICO has been a wholly-owned subsidiary of Berkshire Hathaway.
Headquarters & Contact Information
- Address: One GEICO Plaza, Washington, DC 20076
- Customer Service: 1-800-841-3000
- Claims (24/7): 1-800-841-3000
- Roadside Assistance: 1-800-424-3426
- Website: www.geico.com
Business Model
GEICO operates primarily as a direct-to-consumer insurer. It sells policies through its website, mobile app, and call centers instead of using traditional agents. This model helps reduce costs and allows GEICO to offer competitive pricing.
Insurance Products & Services
- Auto Insurance
- Motorcycle Insurance
- RV Insurance
- ATV Insurance
- Boat Insurance
- Classic Car Insurance
- Commercial Auto Insurance
- Mechanical Breakdown Insurance (MBI)
- Umbrella Insurance
- Identity Protection
- Homeowners Insurance (via partners)
- Renters Insurance (via partners)
- Condo Insurance (via partners)
- Flood Insurance (NFIP)
- Pet Insurance
- Life Insurance (via partners)
Key Highlights
- Second-largest auto insurer in the U.S.
- Serves over 28 million policies
- Employs 40,000+ people
- Owned by Berkshire Hathaway since 1996
- A++ (Superior) rating from A.M. Best
- A+ rating with the Better Business Bureau
- Famous GEICO Gecko mascot
- 24/7 customer service and claims support
- Advanced mobile app with full self-service
- DriveEasy program (up to 25% discount)
- Military discount (up to 15%)
- Federal employee discount (up to 8%)
Trust & Reputation
- Top-ranked in J.D. Power digital experience studies
- Above-average claims satisfaction ratings
- Backed by Berkshire Hathaway’s financial strength
- Member of the Insurance Information Institute
- Listed in Fortune 500