As one of the primary businesses in the cadre of businessman Warren Buffett’s holding company, Berkshire Hathaway, GEICO has proven out Buffet’s timeless code of ethical business that offers solid services giving people what they want and need. The company has consistently received a Superior rating from insurance company rater AM Best, for their financial stability, and the corporation has been widely admired as a success story.
GEICO was originally founded in 1936 as an insurance company geared toward members of the military, but is now open to the general public. Their, standard new home insurance policies cover damage to homes, damage and loss of personal property, and additional endorsements for high-value property.
Homeowners can obtain discounts for simple but effective deterrants to theft and damage, such as smoke alarms, doors with deadbolts, and monitored alarm systems. Customers can initiate a quote online, or call GEICO directly to speak with a customer representative. As one of the best-known insurance companies, covering over 10 million customers with auto insurance alone, customers can rest assured that their assets are covered by a financially-sound and truly trustworthy company.
Quick GEICO Facts
CEO: Tony Nicely
Corporate Headquarters: 5260 Western Avenue, Chevy Chase, Md. 20815
# of Employees: 24,000
Parent Company: Berkshire Hathaway