GEICO offers travel insurance that covers both U.S. and international trips. You can purchase AirCare flight insurance from GEICO to cover air travel only, or ExactCare travel insurance to cover more types of travel situations. GEICO travel insurance typically costs 5% to 10% of your trip’s total price. The specific amount depends on factors such as your age, the cost and length of your trip, your destination, the amount of coverage you choose, and the number of people the policy will cover.
GEICO AirCare Travel Insurance Coverage:
Lost or delayed baggage
Flight departure delays
24/7 emergency travel assistance
GEICO ExactCare Travel Insurance Coverage:
All AirCare travel insurance benefits
Trip interruption or delay
Travel policies sold through GEICO are written by Berkshire Hathaway Travel Protection (BHTP). You can get a personal quote for your trip by calling BHTP at (844) 810-1598 or emailing [email protected]
GEICO does have condo insurance. GEICO’s condo insurance is a special type of homeowners policy that takes over where a condo association’s coverage stops. Condo insurance generally protects the interior of a unit and your personal property from losses due to fire, smoke, lightning, wind, vandalism, theft, and accidental water damage. Flood protection is separate.… read full answer
GEICO condo insurance also includes liability coverage that pays if a visitor is hurt in your home or if problems in your unit cause neighboring damage (for example, if a leak in your plumbing damages the ceiling of the unit downstairs).
If you own a condo, you probably pay a monthly association fee, which includes your portion of the premiums for a master insurance policy. The condominium association’s charter and state law determine exactly what's covered under the condo association's master policy. However, it usually covers only the building's exterior, landscaping, pools, walkways and other common areas. You are responsible for what happens inside your unit.
The master policy should also include general liability for the condo association. This insurance will usually cover the loss if someone files a claim against your condo association for an injury in a common area. However, if the claim amount is higher than the master policy’s limits, the condo owners may have to personally cover the difference. Loss assessment coverage, another part of your GEICO condo insurance policy, will pay your share.
The condo insurance sold by GEICO is underwritten by different companies around the country. Liberty Mutual and Travelers Insurance are two of the largest companies that sell condo insurance through GEICO. Costs average $300 to $400 per year, depending on the coverage and state. Florida, for example, is the most expensive state for condo insurance due to the potential for hurricane damage.
You can get a custom quote for your condominium on the GEICO website or by calling (800) 841-2964.
GEICO does not offer health insurance, although 7 of the 10 largest car insurance companies do. The closest thing to health insurance that GEICO offers is pet insurance— health insurance for your pet.
Although GEICO does not sell health insurance, it offers a wide variety of other insurance products.
GEICO’s vehicle insurance offerings cover cars, commercial vehicles, motorcycles, ATVs, RVs, boats, and collector cars. GEICO also offers rideshare insurance and Mexico auto insurance.… read full answer
In addition, GEICO protects residential property through insurance for homeowners, renters, people who live in condos and mobile homes, and landlords. There’s also separate flood insurance. Plus, GEICO covers businesses by offering insurance for general liability, professional liability, business owners, and workers’ compensation.
Finally, GEICO sells additional types of insurance products—such as umbrella, life, travel, identity protection, pet, and jewelry insurance—through various partner companies.
Berkshire Hathaway Inc. owns GEICO. Berkshire Hathaway is a multinational conglomerate holding company headquartered in Omaha, Nebraska. It is led by well-known investor Warren Buffett.
Warren Buffett has owned shares of GEICO stock since 1951, after an impromptu visit to the auto insurer’s headquarters. He made a second stock purchase, reportedly of a million shares, in 1976. Twenty years later, impressed with the direction that GEICO was heading, Buffett’s holding company made a $2.3 billion cash offer to buy all the GEICO shares that Buffett did not already own. As a result, GEICO became a subsidiary of Berkshire Hathaway in 1996.… read full answer
GEICO Corporation is headquartered in Washington D.C., and Warren Buffet serves on its board of directors.
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