Geico, or Government Employees Insurance Company, was founded in 1936. It started off exactly as it sounds, offering auto insurance to government employees, namely because of the thoughts that government employees were thought to be a safer clientele then the general public. Nearly forty years after it began, they decided to offer insurance to the general public as well and gained a notably large amount of customers in a relatively small amount of time. This is the dream of most young entrepreneurs but the ultra rapid expansion proved to be an almost devastating blow to the company who had a hard time keeping up the needs of their clients. After some restructuring and new advertising campaigns, they struck gold by hitting a happy medium and expanding in due time and the proper process.
Now we all know the signature accented gecko that gets confused for “Geico” in the commercials and frankly, people can’t get enough! Geico has revamped its business to be one of the most affordable insurance companies out there. And if you’re military, they offer special rates with a special toll free number: 1-800-Military