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GEICO’s new rating structure on commercial auto insurance could save business owners money on their business auto insurance...
FREDERICKSBURG, Va.--(BUSINESS WIRE)-- GEICO has good news for business owners in Maryland: GEICO’s new rating structure on commercial auto insurance could save business owners money on their business auto insurance.
“As the largest insurer of personal autos in Maryland, GEICO already has a strong presence in the state,” said John Izzo, regional vice president of GEICO’s Mid-Atlantic operations. “In 2011 we implemented a new rating structure in Maryland for our commercial auto insurance product that has led to significantly lower premium rates for most risks. GEICO delights in providing competitive insurance with fantastic service, and our commercial insurance products provide even more opportunities for Maryland insurance consumers to save money.”
Commercial insurance packages cover the cars, trucks and vans used by small businesses such as contractors, retailers, caterers, professional services and others. In addition to providing protection for a variety of business vehicles, GEICO’s business insurance products also include general liability insurance and business owner’s policies through the GEICO Insurance Agency.
“Consumers can now contact GEICO for all of their automobile insurance needs, and through the GEICO Insurance Agency we can meet other insurance requests they may have,” said Kushwant Singh, GEICO director of commercial lines. “We are really pleased to be able to offer affordable commercial coverage for businesses in Maryland. We are very well known for being the low-cost provider on our personal auto insurance coverage, but more and more business owners in Maryland are discovering how much they can save with us on commercial auto policies.”
GEICO offers commercial plans to both new and existing customers and can provide free rate quotes. For more information on GEICO’s commercial auto policies and to get a free quote, call 1-800-866-9444 or go to http://www.geico.com/information/aboutinsurance/commercial/.
GEICO (Government Employees Insurance Company) is a member of the Berkshire Hathaway family of companies and is the third-largest private passenger auto insurer in the United States. GEICO handles auto insurance coverage for 11 million private passenger auto policies and insures more than 17.5 million vehicles.
In addition to auto insurance, GEICO offers customers insurance products for their motorcycles, all-terrain vehicles (ATVs), travel trailers and motorhomes (RVs). Coverage for life, boats, homes and apartments is available through the GEICO Insurance Agency. Personal umbrella protection is also available. Coverage for commercial auto insurance is underwritten by Government Employees Insurance Company. In some cases coverage is provided through the GEICO Insurance Agency, Inc., either under an arrangement with National Indemnity Company (NICO), a Berkshire Hathaway affiliate, or with non-affiliated insurance companies.
As a member of the Berkshire Hathaway group of companies, GEICO is rated A++ for financial strength by A.M. Best Company and ranks at the top of several national customer satisfaction surveys. GEICO is the largest private passenger auto insurer in Maryland as reported by A.M. Best. For more information, go to http://www.geico.com.