GEICO auto insurance

GEICO auto insurance

GEICO Auto insurance company

GEICO is one of auto insurance company whose headquarter is located at checy chase,Maryland,United States of America.It is subsidiary type of insurance industry which was founded by husband and wife, Leo Goodwin and Lillian Good win in the year 1936 approximately 80 years ago from today's date.Tony Nicely is chairman,president and CEO of GEICO insurance company respectively.

According to statical data GEICO made a sum of total revenue of US $ 9.212 billion on the fiscial year 2004.There are all total of 30,000 employees employing in GEICO insurance company.The official website of Geico insurance is www.geico.com .

GEICO stands for Government Employees Insurance company.It is a second largest auto isurance company in the United states after State farm.It provides coverage to 22 million motor vehicles which is solely owned by more than 14 million people.It operate on 50 states of United States.It oftenly sells it's policies through several insurance agents over US, through website directly or by phone directly.Despite the presense of Government on the name GEICO ,it simulates as a private industry and it is not associated with any sorts of government organization.In the years between 1975 to 1985 a sister company of GEICO named as GELICO (Government Employees Life Insurance Company) offered life insurance service too.Similarly in year between 1962 to 1996 GEICO provided home owner's insurance beside auto insurance.GEICO generally deal with customer and sell policies through telephone and internet.

The major competitiors of GEICO includes following competitors

1. Amica Mutual Insurance
2. Liberty Mutual Insurance
3. State Farm
4. Allstate
5. 21st Century Insurance
6. Progressive 
7. Nationwide Insurance and
8. United Service Automobile Association(USAA)

Beside auto insurance GEICO provides property insurance,business insurance,house ownership insurance.It has been fastest growing car insurance for more than 10 year introducing itself as a 2nd largest auto insurer with in United States with 24/7 365 days customer support facilating 14 million policyholder.

Features of GEICO auto insurance are

1. Guaranteed and easy repairs of auto/cars
2. Easily track the claim status online or from GEICO mobile app.
3. Fast and fair claim service offering most of claims with in 48 hours of submission.
4. It also offers Accident Forgiveness based on your driving qualification to find you eligblity on this programme.
5.  They are financially stable with a solid reputation.
6. It also insures drivers above 50 years

(*Terms and condition are applied.)

It's a second largest liscensed insurance agent in United States.You can chat with an insurance agent,request Emergency Roadside Service (ERS) directly from GEICO mobile app.Morever you can make payment,report a claim easily through GEICO mobile app. It provide insurance Card,which is generally issued by your insurer containing all the basic information about your insurance policy.

Coverage of GEICO auto insurance are listed below:-

1.  Bodily injury liability coverage assures to provides protection if you get injured or killed any third party while drivng your auto.It also provides ducoments for a legal defense if another party on  the accident files a lawsuit case against you.
2.  Medical payments coverage generally pays you for the medical expenses of the injured person in  or by your auto.This may also cover if you are injured by a vehicle as a pedestrian(street alker).
3. Uninsured motorists coverage helps pays lablities for your injuries caused by an uninsured driver or due to injuries caused by hit and run accident case. In some states,it covers for the damage to   your auto.
4. Comprehensive coverage pays for losses resulted from happens other than accident. For example,It  covers the losses caused due to fire,theft or other cause rather than accident.
5. Collision coverage pays to cover damage incured to your auto due to accident or collision.
6.  Property damage liability coverage ensures you if your auto damages third party's property.Similar to bodily injuries coverage it also provides you a ducoment for legal defense if another partyfiles a lawsuit case against you.

Morever to short listed coverages, GEICO also offers:

Emergency Road Service,
Rental Reimbursement and
Mechanical Breakdown Insurance.

In addition to car insurance GEICO have offered car buying service too.It helps to choose a best car that fits according to your need and your budget.By this it will provide you actual rate what other people paid to buy the car over all the nation.It provides CARFAX® reports and/or warranties on selected vehicles for free.

GEICO auto insurance uses some of following modern equipments

1) Anti-lock Braking System (ABS)
A computer-controlled high pressure system that helps the vehicle's normal braking system. ABS allows all wheels to slow at the same rate,preventing loss of control and accident.

2)Anti-Theft Device
Cars insured with GEICO auto insurance are equipped with anti theft devices to track your cars when stolen that may entitle you to a discount on your insurance premiums.

A brief summary about GEICO insurance:-
GEICO stands for government employees insurance company.Though government is obligated on the name of GEICO it works as a private industry or it is not associated with any sorts of government organization.It was founded in year 1936 whose headquaters is located Maryland,United States.Excluding auto insurance GEICO also offers property insurance,house owner insurance.It is a second largest registered insurance company holding policies of 14 million people associating with 22 millions of vehicles employing 30,000 employees.It have a great on time customer service offered via phone or online with fast and reliable claims usually within 48 hours.You can directly register a quote online through the website of GEICO.Being a one of well reputated insurance company it have never neglected to deal with customers ontime which makes it as one of the finest insurance company on United States.