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What is Geico Michigan?
GEICO an acronym for the Government Employees Insurance Company is an America based insurance company that is engaged in providing financial services for automobiles such as Cars and motor vehicles. Its headquarters is located in Chevy Chase, Maryland, United States. Founded by Lillian Goodwin and Leo, GEICO began its journey in Fort Worth, Texas, United States in 1936 as an insurance company offering automotive coverages to the government workers. In 1951, Warren Buffett was served as the company's first customer. Later on, the firm inaugurated its new corporate headquarters in Chevy Chase, Maryland. The company was acquired by Berkshire Hathaway in the year 1996. In 2010, GEICO launched its insurance services on the Android devices and Mobile phones like iphone. Today, GEICO or the Government Employees Insurance Company is ranked as the second largest auto insurance provider in the provinces of the United States.
GEICO provides coverages and insurance policies for vehicles listed as Motorbikes, Cars, Boats and Commercial automotive. Apart from this, the company has extended its services in the form of coverages for houses, rental accommodations and damage caused Due to natural disasters such as Floods etc. Some of the company's other insurance plans include Life Insurance, Business and protection for lost or stolen credit cards etc. Approximately, 13 million automobile users were covered under the GEICO's insurance policies in the year 2007.
The Company has an employment base of about 27,000 people and its operational network spans to the American states such as Arizona, New York, Kansas and Virginia
Presently, The Government Employees Insurance Company or GEICO is in competition with insurance companies like Nationwide Insurance, Liberty Mutual Insurance and 21st Century Insurance.