Thursday, January 5, 2012

Geico Auto Insurance and Progressive Auto Insurance



GEICO Auto Insurance and Progressive Auto Insurance are the two major giants of Auto Insurance sector in United States. Although there are many more car insurance companies in United States but these two can be the best for you.

Geico Auto Insurance is a product of Government Employees Insurance Company (GEICO), an owned subsidiary of Birkshire Hathaway. It has almost more than 9 million policy holders now. It works in all the states of Unites States and district of Columbia.
The mascot of GEICO is Gold Dust Day Gecko with a cockney accent.

In 1936, Leo Goodwin and his wife Lillian founded this auto insurance company. It was started to provide auto insurance or car insurance to federal employees. Its name includes government but has no influence of any governmental organization.

David Kreeger started insurance to general public as a president of GEICO in 1973. Then it started the fall of the company and the stocks were traded in order to get some recovery. After a long time in 1996, GEICO came under Birkshire Hathaway.

Now you can deal with the GEICO insurance company via phone or internet. You can get an agent if you want to deal with them personally.
GEICO has a slogan now ‘15 minutes could save you 15 percent’.


Progressive Auto Insurance is a product of Progressive Corporation and it provides auto insurance and property-casualty insurance and services in the United States.
Jack Green and Joe Lewis founded this company in 1937.

There are three lines of operation in the company Progressive Corporation.
Personal line segment operates for providing Insurance to private passenger cars, motorcycles, boats.
Commercial auto segment is for liability and physical damage for automobiles and trucks.
The third one is other-indemnity segment for professional liability insurance.

They have a program named as Snapshot which is a name for pay as you drive or usage based insurance program. Here drivers can tell about their driving habits and thereby save some money on car insurance. Progressive checks their habits in the starting months of their insurance and confirms it.
This program has many other features which are always benifitial for the consumers. This Snapshot is available in 39 states in the United States and also in the District of Columbia.

GEICO Auto Insurance and Progressive Auto Insurance are both very popular and giants of car insurance or auto insurance sector in United States and certainly doing many goods to the public here.

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