Gico Insurance

Many consumers think GEICO Insurance is relatively new player in the insurance industry, but in fact the company was founded in 1936 by Leo Goodwin. Goodwin had a novel idea: Find government employees directly and sell auto insurance to them at discount rates. The affordability of Gico insurance has remained a firm tenet of company policy ever since.

Gico Insurance has not forgotten its roots. The company is one of the country's biggest insurers for people in the military. Military members receive a discount, as do many other government employees, good drivers, and those who take driver's education courses. Geico believes that good drivers and those who are gainfully employed should be financially rewarded for their contributions to the community.

GEICO offers much more than just auto insurance. They are also one of the country's largest motorcycle insurers, and they offer home, renters, and boat insurance as well. They also offer what is called "umbrella insurance," which gives their customers the option to insure against unforeseen (and costly) events such as lawsuits.

You've heard the commercials. With a 15-minute phone call or internet questionnaire, you might save 15 percent or more on your car insurance. It's undoubtedly worth the time and effort. If your main objective is to save money on car insurance and to be insured by a company whose reach is nationwide, consider Gico insurance.