GEICO

GEICO

TypeSubsidiary
IndustryInsurance
Founded1936; San Antonio, Texas, United States
FoundersLeo Goodwin Sr. Lillian Goodwin
HeadquartersChevy Chase, Maryland, United States
Area servedUnited States
ProductsAuto insurance
ParentBerkshire Hathaway
Websitewww.geico.com
  • The Government Employees Insurance Company (GEICO ˈɡaɪkoʊ) is a private American auto insurance company with headquarters in Chevy Chase, Maryland.
  • GEICO is a wholly owned subsidiary of Berkshire Hathaway that provides coverage for more than 24 million motor vehicles owned by more than 15 million policy holders as of 2017.
  • GEICO also offers property insurance, as well as umbrella coverage which GEICO sells, but the risk on the policies are transferred to third party companies.
  • Despite the presence of the word “government” in its name, GEICO has always been a private corporation not affiliated with any U.S. government organization.

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