GEICO, or the Government Employees Insurance Company, is a prominent figure in the American insurance industry. Established in 1936 by Leo Goodwin and his wife Lillian, GEICO initially catered to government employees and the military.
However, it soon expanded its services to the general public, gaining recognition and trust nationwide. Now a subsidiary of Berkshire Hathaway Inc., headed by the renowned Warren Buffett, GEICO is headquartered in Chevy Chase, Maryland.
The company is perhaps most famous for its advertising campaigns, featuring the memorable tagline, “15 minutes could save you 15% or more on car insurance.” While auto insurance remains its primary offering, GEICO provides a diverse range of insurance products, including coverage for homeowners, renters, life, and businesses.
With a strong digital presence and a commitment to customer convenience, GEICO continues to serve millions of policyholders, solidifying its reputation as a leader in the insurance world.
What makes Geico Insurance company the right choice?
Low Rates and Generous Discounts: GEICO offers budget-friendly car insurance rates and discounts that could slash your costs by 15% or more. Enjoy perks like multi-car discounts and savings for vehicles equipped with safety features. You might also qualify for special discounts through affiliated organizations.
Exceptional Customer Service: Recent surveys* reveal that a remarkable 97% of our policyholders were delighted with the service they received. Whether you prefer assistance by phone or online, including holidays, we’re there for you. Expect swift and fair claims settlements from our dedicated team.
Local GEICO Insurance Agents: Our local agents provide that personal touch, ensuring your insurance needs are met with care and attention.
Solid Financial Backing: With GEICO, you have peace of mind knowing that we have the financial strength to honor your claims. As a wholly owned subsidiary of Berkshire Hathaway, Inc. with assets exceeding $32 billion**, we’re more than capable of delivering on our promises.
Obtaining an Auto Insurance Quote
What details are required to request a car insurance quote?
To speed up the process of receiving your customized car insurance quote, please have the following ready:
- A valid driver’s license.
- Your vehicle identification number (VIN).
- The physical address where your vehicle is stored.
During the quote process:
- You’ll gain insight into various coverage options, including meeting state minimums, to determine the ideal car insurance for you and your family.
- We’ll also ask a few questions to identify potential savings you’re eligible for.
Afterward, you’ll receive your tailored rate and can easily make an online purchase. It’s that simple.
Navigating the Comparison of Car Insurance Quotes
To effectively compare car insurance quotes from various providers, ensure you align on the following factors:
- Coverages: Select consistent coverage types and amounts across all quotes, while keeping in mind any mandatory requirements.
- Policy Limits: While there are minimum limits, use our coverage calculator to determine if you need higher coverage amounts.
- Deductible Amount: Depending on your chosen coverage, consider the amount you’re comfortable paying towards vehicle repairs. Increasing your deductible can often lead to lower premium costs.
By maintaining uniformity in these aspects, you’ll obtain a comprehensive view of each insurer’s offerings.
Customize your car insurance with the necessary coverage
The suggestion is to personalize your car insurance with the coverages you require. It is true that state laws establish the minimum requirements for the type and amount of coverage necessary for auto insurance. However, these minimums may not be sufficient for your individual needs.
We are available to assist you in identifying the appropriate coverages tailored to your specific situation. This is the reason we have streamlined the process of customizing your car insurance.
The mandatory auto insurance coverages encompass compensation for any harm or injuries sustained by other individuals and/or their possessions due to an accident for which you are deemed responsible.
In most cases, states mandate the following auto insurance coverages:
- Bodily injury coverage
- Property damage coverage
- Uninsured motorist coverage
It is possible to enhance the level of protection for these coverages beyond the state-imposed minimums. You might want to take into account the types of vehicles you frequently encounter.
For instance, if you frequently drive in an area where expensive cars are common, it is worth considering whether your current coverage would be sufficient to cover the costs of repairing or replacing such vehicles.
Furthermore, there are additional car insurance coverages that, although not obligatory, can offer an added layer of safeguard. These coverages generally cater to damages and/or injuries incurred by you.
As a general guideline, the following are some of the optional coverages available:
- Collision coverage
- Comprehensive coverage
- Medical coverages
- Emergency roadside assistance
- Rental reimbursement
- Mechanical breakdown insurance
Additional auto and vehicle insurance options include
Motorcycle Insurance
RV Insurance
Commercial Auto Insurance
Classic Car Insurance
Mexico Auto Insurance
GEICO Insurance Company property insurances
Property insurance encompasses various types of coverage designed to protect property owners or renters. Examples include homeowners, renters, and flood insurance policies, offering protection against risks like fire, theft, and natural disasters.
At GEICO, we offer different property insurance options tailored to your needs:
Homeowners Insurance: Covers your home and belongings, including furniture and appliances. Enjoy discounts for safety devices and exceptional customer service.
Renters Insurance: Protects your personal belongings in rental properties, ensuring coverage for furniture, electronics, and more. Benefit from multi-policy discounts on your GEICO Auto policy.
Condo/Co-Op Insurance: Safeguards your personal items and interior of your unit, complementing your condo association or co-op corporation insurance.
Mobile Home Insurance: Affordable coverage for mobile homes, including personal belongings and liability protection.
Landlord Insurance: Provides confidence to property owners, covering damage to residences and potential loss of rent.
Flood Insurance: GEICO offers flood insurance policies through the National Flood Insurance Program (NFIP), tailored to your area and backed by the federal government.
Types of Business Insurance at GEICO
GEICO offers a diverse range of business insurance policies tailored to accommodate various business types. These policies encompass liability coverage, commercial vehicle insurance, and even cyber liability protection. Explore our assortment to discover the business insurance that suits your needs.
Business Owners Policy (BOP)The Business Owners Policy combines two essential coverages into a single policy. Businesses trust GEICO for their insurance needs, with coverage for:
- Bodily injury or property damage
- Defense costs for covered liability losses
- Business furniture and equipment
General Liability Insurance/CGLGeneral Liability Insurance, or CGL, safeguards your business during standard operations. Coverage includes:
- Physical injury liability
- Property damage liability
- Legal costs for covered losses
Professional Liability InsuranceFor professionals ranging from Personal Trainers to IT Consultants, Professional Liability Insurance (also known as Errors & Omissions insurance) is a necessity. This coverage safeguards you against:
- Mistakes or advice made by your company in the course of business
- Legal defense expenses
- Services completed
Workers’ CompensationMandatory for businesses with employees, Workers’ Compensation provides coverage for injured workers. In general, policies cover:
- Lost wages
- Medical expenses
- Rehabilitation costs
Medical Malpractice InsuranceComprehensive coverage for groups and individuals in the medical field, such as Nurse Practitioners, Physician Assistants, and more. This insurance includes protection against claims of negligence, defense counsel costs, and professional reputation coverage.
Commercial Auto InsuranceWhen a vehicle is used for work-related purposes, commercial coverage is essential. You may require commercial insurance if:
- The vehicle is used for transporting goods or people
- The vehicle is used to provide services
- Employees drive the vehicle
Cyber Liability InsuranceThis insurance shields businesses from computer-related threats like malware, phishing, ransomware, or data theft. To request a quote, please call (800) 448-8244.
GEICO Additional Insurance Options
Beyond car insurance, GEICO offers a wide range of additional insurance options to cater to diverse needs. Explore these miscellaneous insurance choices and obtain quotes for the coverage that best suits your requirements.
Jewelry InsuranceProtect the true value of your jewelry, along with the sentimental value it holds, with specialized jewelry insurance.
- Coverage tailored to your jewelry
- Safeguard against loss, theft, damage, and disappearance
- Typically affordable rates, averaging 1-2% of your jewelry’s value
Identity ProtectionSecure the tools you need to protect your identity and receive expert assistance in case of identity theft.
- 24/7 coverage
- Online access to your TransUnion credit report/score
- Convenient payment plans
Life InsuranceEnsure the financial well-being of your family and loved ones by providing them with the support they need in case of your passing.
- Financial relief for your family
- Peace of mind with financial security
- Flexible payment plan options
Travel InsuranceWhether planning a vacation or business trip, protect your travel plans, including flights and trip costs, with affordable travel insurance.
- Tailored plans to suit your needs
- Coverage for last-minute cancellations
- 24/7/365 global emergency travel assistance
Overseas InsuranceIf you’re traveling abroad, rest assured that you can receive the same quality service and competitive rates overseas through GEICO Insurance Company Financial Services, GmbH.
- Offering overseas insurance since 1960
- Local agents available to assist you
- Assistance with necessary documents for shipping your vehicle
Pet InsuranceEnsure that your furry companions are covered for unexpected accidents or illnesses with comprehensive pet insurance.
- Coverage for most accidents or illnesses (excluding pre-existing conditions)
Umbrella InsurancePrepare for the unexpected with umbrella insurance, offering additional coverage and peace of mind.
- Protection against legal lawsuits and slander
- Coverage for you and your spouse
- Additional coverage of up to $1 million*
Geico Insurance Frequently Asked Questions
The presence of law enforcement at the scene may be subject to state-specific regulations. However, it is generally recommended to contact the police in the event of an accident, and they will dispatch an officer if deemed necessary.
We’re here to help with your claim. Please share:
- Date and time
- Location (streets, city, state)
- What happened
- Responding police department
Also, any info on others involved and witnesses. Photos of the scene or vehicles are appreciated.
What insurance coverages do I have?
You can easily check your coverages by using GEICO Mobile or logging in to your online policy.
The course of action depends on the situation, but it’s important to inform us about any accidents that occur. If the other party is clearly at fault, and there’s no dispute, you may have the option to file a claim directly with them.
Will my insurance premium increase?
Each accident is unique, and we will thoroughly evaluate all the particulars of the incident. GEICO will take these details into account, along with other relevant factors, and you will receive notification prior to your policy renewal regarding any potential changes to your premium.
How can I submit a police report?
You can conveniently submit your police report online or through the mobile app. Just log into your claim, navigate to the documents or paperwork section, and easily upload the report to your claim file.
Geico Insurance claiming process
Claim Process: GEICO offers a straightforward and hassle-free claim process, allowing you to report and track your claim online, over the phone, or through their mobile app. To initiate a claim, contact GEICO at 1-800-841-3000 or visit the GEICO Claims Center. You’ll need to provide details about yourself, your policy, the involved parties, and the accident or incident. GEICO will assess your vehicle and provide a repair estimate.
Claim Status: You can monitor your claim status by logging into your online account or using the GEICO mobile app. Enter your claim number, first name, and last name at “Access Your Claim” to track progress, view estimates, communicate with adjusters, upload documents, request rental cars, and more.
Required Documents: Necessary documents for claims may vary but commonly include the other driver’s information, insurance policy details, vehicle details, accident photos, proof of insurance, and authorization for medical information.
Average Claim Approval Time: Claim approval time depends on factors like claim complexity, evidence availability, cooperation, and state laws. GEICO aims to settle many claims within 48 hours. Delays are communicated promptly, with explanations provided.
Customer Reviews: Customer reviews for GEICO’s claim service are mixed. Positive aspects include a speedy claim process, affordability, user-friendly website and app, and various discounts. However, some customers have raised concerns about high prices for high-risk drivers, limited local agent network, gaps in coverage, and customer service issues. Ratings vary across platforms, with average scores ranging from 1.6 to 4.5 out of 5 stars.
Geico policy continuation and termination
Policy Renewal Process: At GEICO, we’ve made the policy renewal process straightforward and stress-free, ensuring that you can seamlessly renew and make payments for your policy. You have the flexibility to renew your policy through multiple channels: online, by phone, or via our mobile app. Renewing your policy is as simple as reaching out to GEICO at 1-800-841-3000 or visiting the GEICO Claims Center.
During the renewal process, we’ll need some basic information about you, your policy, and your preferred payment method. After you’ve completed these steps, GEICO will promptly send you a confirmation of your renewal, including any updates to your policy or premium. For added convenience, you can also opt to set up automatic payments to avoid any missed payments or interruptions in your coverage.
Cancellation Policy and Fees: If you ever need to cancel your car insurance coverage mid-policy, rest assured that GEICO does not impose a cancellation fee. We want to make the process as hassle-free as possible for you. To cancel your GEICO policy, a simple call to (800) 841-1587 is all it takes. The good news is that you’ll receive a full refund for any unused premiums.
Grace Periods: GEICO Insurance company provide a grace period of 9 days for premium payments. This grace period offers you the flexibility to catch up on any past-due premiums without the risk of losing your coverage. In the event that payment is not received by the end of the grace period, GEICO will send a notification of policy cancellation by mail.
Should your policy be canceled, you may have the opportunity to reinstate it within a certain timeframe following cancellation. However, reinstatement may involve a reinstatement fee, and you may need to provide evidence of insurability.
Geico insurance contact details
| Contact Information | Details |
|---|---|
| Phone Number | General inquiries: 800-STATE-FARM (800-782-8332) |
| Life claims: 877-292-0398 | |
| Address | Corporate Headquarters: One GEICO Plaza, Washington, D.C. 20076 |
| Local GEICO agent: Use the agent locator on their website. | |
| Customer Service | Phone: General inquiries: 800-STATE-FARM (800-782-8332) |
| Technical issues: 888-559-1922 | |
| Mail: Mailing address varies by department. Find addresses on the website. | |
| Online: Log in to your online account for various services. | |
| Email Address | Contact local GEICO agent or use online contact form. |
| Fax Number | Contact local GEICO agent or upload documents online. |
| Operating Hours | Hours vary by department and location. Most offices open Mon-Fri, 9 am-5 pm local time. |
| Some departments (claims, roadside assistance, technical support) available 24/7. | |