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Gieco Insurance : Geico Insurance Gecko Car | Geico Insurance Gecko Car, 8 ... / However, while its full name can be rather misleading, geico isn't owned by the government.. Geico is under no obligation to accept a random shops quote as gospel so please don't be fooled by any statements contrary to that. The rates vary in each state, but on average are about one percent to two percent of the value of the item. Geico stands for government employees insurance company. A big insurer with low rates and lots of options. It is the second largest auto insurer in the united states, after state farm.
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Geico sells numerous insurance products, including home, business, pet and life insurance, although it is most widely known for its auto insurance.
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