With one of the largest insurance advertising budgets in the United States, GEICO, short for “Government Employees Insurance Company,” has skyrocketed to success. In 1996, GEICO became a subsidiary of Berkshire Hathaway, led by Warren Buffett, one of the most successful investors in the country. During its first year of operation in 1936, GEICO issued 3700 policies. Today, it is the second largest auto insurance provider in the country and has more than 17 million drivers as policyholders with more than 28 vehicles insured.
If you want the best of the cheapest, check out NerdWallet's summary of the best cheap car insurance companies. Keep in mind that some auto insurance companies offer discounts based on how long you've had a policy with your provider. Car insurance companies consider a variety of factors, and even changing a zip code can affect your rates. The best way to find cheap car insurance is to compare prices and compare quotes from at least three insurers.
You can change your car insurance at any time, whether you've had your current policy for a few weeks or a few years. Guss, a lawyer specializing in injuries and accidents, is ruthless when it comes to processing insurance claims, including those from GEICO. Car owners and Erie, smaller insurers that offer coverage in several states, have even cheaper auto insurance rates than State Farm. If you need to file a claim with GEICO, call an accident law firm that has successfully resolved thousands of personal injury claims with GEICO in the past and that has the inside scoop on how this company and its insurance agents handle their claims.
If you want to save money with the cheapest car insurance possible, it's essential to compare the quotes of several insurers.