Government Employees Insurance Company popularly known as GEICO is an auto insurance company. The company is based in America with headquarters in Chevy Chase, Maryland. After State Farm, GEICO is the 2nd largest auto insurance company in the United States. GEICO is an entirely personal subordinate of Berkshire Hathaway that provides exposure for 24 million plus motor vehicles owned by 15 million plus policyholders till 2017. GEICO provides private passenger automobile insurance in all 50 states of the U.S. and the District of Columbia. The insurance agency trade-in policies through local agents, called GEICO Field Representatives. They do this through phone calls directly or via their official website. Gold Dust day Gecko with a Cockney accent is GEICO’s mascot and voiced by actor Jake Wood. GEICO is known in admired culture for its advertising, having made a large number of businesses proposed to entertain viewers.
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GEICO was founded in 1936 by Leo Goodwin Sr. and his wife Lillian Goodwin to offer auto insurance openly to centralized government employees and their families. Goodwin worked for USAA since 1925 as an insurance agent who was dedicated to giving insurance only military workforce. He determined to start his own company after rising as far as a civilian could go in USAA's military-dominated hierarchy. Based on his experience at USAA, GEICO's original business model was established on the theory that centralized employees would form a less risky and more financially constant pool of cover compared to the common public. Even though the existence of the word "government" in its name, GEICO has always been a private organization not associated with any government party.
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