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.
| FactSnippet No. 675,107 |
16 Facts About GEICO
2.
GEICO writes private passenger automobile insurance in all 50 U S states and the District of Columbia.
| FactSnippet No. 675,108 |
3.
GEICO is well known in popular culture for its advertising, having made numerous commercials intended to entertain viewers.
| FactSnippet No. 675,109 |
4.
GEICO offers property insurance, as well as umbrella coverage which GEICO sells, but the risk on the policies are transferred to third party companies.
| FactSnippet No. 675,110 |
5.
GEICO manages the policies as the "insurance agent" and has a separate customer care team that handles the property and umbrella policies.
| FactSnippet No. 675,111 |
Related searches
Berkshire Hathaway United States Pennsylvania Texas Ohio Washington Capitals Coca-Cola Beer6.
GEICO decided to start his own company after rising as far as a civilian could go in USAA's military-dominated hierarchy.
| FactSnippet No. 675,112 |
7.
Graham-Newman's investment in GEICO eventually resulted in a position worth $400 million by 1972, which was by far Graham-Newman's best investment and outperformed the rest of their portfolio combined.
| FactSnippet No. 675,113 |
8.
In 1974 under Kreeger's leadership, GEICO began to insure the general public after real-time access to computerized driving records became available throughout the United States.
| FactSnippet No. 675,114 |
9.
GEICO helped nurse the insurance firm back to financial health.
| FactSnippet No. 675,115 |
10.
GEICO has offered other types of insurance besides auto, including homeowner's insurance from 1962 to 1996.
| FactSnippet No. 675,116 |
11.
In 1996, after many years as a publicly traded firm, GEICO became a wholly owned subsidiary of Berkshire Hathaway.
| FactSnippet No. 675,117 |
12.
GEICO is the second-largest writer of private auto insurance in the country.
| FactSnippet No. 675,118 |
13.
In 2015, GEICO began offering coverage for drivers of ridesharing companies in select states, including in high-population states such as Texas, Pennsylvania, Ohio, and Georgia.
| FactSnippet No. 675,119 |
14.
GEICO is an official sponsor of the National Hockey League and themed commercials that always feature members of the hometown Washington Capitals.
| FactSnippet No. 675,120 |
16.
GEICO has presence in the PPL sponsoring Joe Eder and his Super Modified pulling tractor.
| FactSnippet No. 675,122 |