Is GEICO owned by the government?
Is GEICO owned by the government?
Despite the presence of the word “”government”” in its name, GEICO has always been a private corporation not affiliated with any U.S. government organization. Leo Goodwin Sr. and his wife Lillian Goodwin originally founded the company in 1936 to sell auto insurance to federal government employees.
What is GEICO’s slogan?
Geico’s famous slogan, “”Fifteen minutes could save you 15% or more on car insurance,”” said by its gecko mascot, is now a part of American culture.
Why did GEICO stop using the gecko?
The company only chose the Gecko because of a Screen Actors Guild strike. “Fifteen minutes could save you 15 percent or more on car insurance.” — GEICO. Sep 26, 2020
