Did you know that GEICO's beloved gecko is local? Boise has access to its own local team of GEICO insurance agents who live and participate in the Treasure Valley community. GEICO and other insurers rely on the fact that individual consumers often lack the legal knowledge and resources to fight for fair compensation. Originally created in 1936 as an Insurance Company for Government Employees, GEICO only insured members of the military and federal employees until 1974. Most recently, GEICO partnered with the Boise River Improvement Network (BREN) in an initiative to clean up trash along the Boise River. Despite what may seem like extreme circumstances, GEICO settlements for car accidents can be fair to the victim.
Getting a fair settlement offer from GEICO requires time, patience, and sometimes the help of an experienced car accident lawyer in your area. You can't expect GEICO (or any major insurance company) to act fair when negotiating your settlement. Another common practice used by GEICO and other auto insurance companies is to make an early settlement offer. GEICO issues a large percentage of its policies directly to consumers, rather than selling them through insurance agents.
While GEICO formerly insured property and life insurance, today the company focuses exclusively on auto insurance and insures more than 28 million vehicles.