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Insurance Quote
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Getting an auto
insurance quote could never be easier. Most
reputable insurance companies offer quick, no-hassle
auto insurance quotes. You can get them online
simply by visiting their sites. Other companies
search the market for you to find the best rates
according to your personal driving record. Get a FREE, no-obligation auto insurance
quote and choose from the most respected auto insurance companies on
the market today. Two of the larger automobile insurance
companies are GEICO and State Farm. Here is a short bio on
each:
GEICO:
GEICO was founded by Leo and Lillian Goodwin to market auto
insurance directly to federal government employees and their
families. GEICO was based on the assumption that such
persons would constitute a more financially stable and less
risky pool of potential insureds than the general public.
After real-time access to computerized driving records
became available in the 1970s throughout the United States,
GEICO gradually began to insure the general public as well.
Since 1996 GEICO generally prefers to deal directly with
consumers via the telephone and the Internet, freeing up
capital that would otherwise be spent on employing insurance
agents in the field and making the company the nation's
largest direct writer of private auto insurance.
State Farm:
State Farm was founded as a mutual automobile insurance
company owned by its policyholders. Despite the company's
name, State Farm did not initially begin as a crop insurance
company. Specifically, State Farm specialized in auto
insurance for farmers. Founder George J. Mecherle believed
that since farmers drove less and had fewer losses than city
drivers, they should pay less for insurance. His idea was
popular with farmers and made his new company successful.
Since its inception, State Farm has expanded its services
into other popular types of insurance, such as homeowners
and life insurance, in addition to banking and financial
services.
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