GEICO at a Glance
Want to find out just how many customers we serve? Interested in seeing proof of GEICO's financial strength? Just want to know what the heck GEICO stands for? You've come to the right place. Peruse the facts and figures here to find out everything you've ever wanted to know about GEICO corporate operations.
What does GEICO stand for?
Government Employees Insurance Company. Puzzled, are you? Well, the name goes back to the beginnings of the company. Founder Leo Goodwin first targeted a customer base of U.S. government employees and military personnel. Today, of course, the company has grown to provide insurance to a wide range of customers, no matter whether they're employed by Uncle Sam or the private sector.
How many Customers does GEICO serve?
- 9 million auto policyholders and growing
- GEICO insures more than 16 million vehicles
Just the Stats on GEICO
- Third-largest private passenger auto insurer in the United States as reported by A.M. Best 2008 market share data
- Fastest-growing major auto insurer in the U.S., with policies-in-force growth of 8.9 percent in 2008
- Employs 24,000 associates
- Maintains 12 major offices around the country
- Provides 24-hour service, 7 days a week, 365 days a year
- Four affiliated companies to meet insurance needs of drivers
Who Vouches for GEICO's Financial Strength?
GEICO and its affiliates (GEICO General, GEICO Indemnity and GEICO Casualty) enjoy high ratings in the industry for financial strength and claims-paying ability:
- AA+ rating from Standard and Poor's
- Aa1 from Moody's
- A++ from A. M. Best
Does GEICO Offer More than Car Insurance?
Indeed! In addition to auto insurance, GEICO can help you with:
- Motorcycle, all-terrain vehicle (ATV), boat and recreational vehicle (RV) insurance.
- House, renters, condo, co-op and mobile home insurance.
- Personal umbrella protection
- Life insurance
- Flood insurance
- Overseas insurance
- Commercial auto insurance
- Identity theft protection
Information current as of March 2010
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