GEICO is an acronym used to describe the Government Employees Insurance Company. GEICO is an Auto insurance company that offers the governmental employees the opportunities to insure their properties such as cars etc and Medicals. Before proceeding to give detailed information as regards GEICO and how they operate in terms of their policies, it is important the concept of Auto Insurance is being understood.
What is Auto Insurance?
An Auto Insurance is an aspect of insurance that permits you to have a legal contract between you and the Insurance Company of which this aspect of insurance protects you from financial Lost as well as the damaging of your cars and theft.
What I Need to Know About GEICO?
GEICO as an auto insurance company was founded in America in 1936 by Leo Goodwin and his wife Lillian Goodwin; it is, therefore, worthy to note that the Main Aim of GEICO is to ensure that the Governmental employees are secured and could be covered for if there would be any damage as regards their properties (motorcycle, automobile, renters and life-boat, etc). The original idea to which the insurance company known as GEICO was formulated is based on the assertion that the Federal Employees have a less risk and a more financially stable insured in terms of properties than that of the General Masses. The Headquarters of this insurance Company known as GEICO is currently found in Maryland.
What Do I Benefit by Being Insured Under GEICO?
Amongst many, there are different benefits with one who registers under GEICO; and they are:
- It has however been discovered that GEICO as an insurance company could save you 15% discounts on car insurance rates. Though research has shown that these discounts vary as regards the Nature of Car; for instance, the cars which discounts are given include; cars with airbags and divers safety characteristics.
- GEICO is well capable to pay the resources when they are damaged and as such research has proven them worthy through their numerous track records.
- Another most amazing attribute of the GEICO is its perfection when it comes to 24/7 customer service. From recent research through responses gathered from the insured, it was discovered that about 98% of the insured was satisfied as regards the manner in which they were attended to.
- GEICO has also made her transaction easier of which is GEICO mobile app and this so far has been recorded as one of the award-winning applications in google play store.
In conclusion, GEICO is an auto insurance company that is set to bring to you the best of services needed with its terms and conditions applied.