Geico Home Insurance For Builders Risk and Vacant House

GEICO homeowners insurance is sold in all 50 states plus the District of Columbia. The company was founded in 1936 with the idea that by reducing the customer base, GEICO could better manage its risk. The company chose government employees (hence the name of Government Employees Home Insurance CO). However, nowadays, the company sells to all and not only government employees.

Geico Home Insurance For Builders Risk and Vacant House

Geico Home Insurance For Builders Risk and Vacant House.

The GEICO vacant homeowners insurance is owned by Berkshire Hathaway, the Warren Buffet company. It is still known to keep overhead costs low. Today, the company offers homeowners insurance through Insurance Counselors Inc.

The company has always been at the forefront of direct sales to customers instead of relying on brokers. Nowadays, they have strong presences of television and internet. Many of the television commercials feature a Grecko.

Home insurance for Vacant House

A.M. Better qualify your financial strength as A ++ (or higher).

Most GEICO vacant home insurance policies offer protection against fire, water, building collapse, impact on the roof (such as falling trees) and theft of household electronics. However, the policies do not include flood insurance or coverage for stolen jewelry that exceeds $ 2,000.

An unusually high percentage of its customers is happy with Geico’s builder risk home insurance with 62 percent giving a satisfaction rating or better.

GEICO will allow you to supplement your policy by purchasing additional protection for valuables. You can also add identity theft coverage, which will protect you from the financial impact of someone breaking into your house, stealing your credit cards and using them.

Homeowner Builder Risk Insurance

Company policies are not covered by all risks. They only protect against the hazards mentioned in the contract. So, if your contract does not name “earthquakes” or “hurricanes” as hazards, you will not be insured against earthquake or hurricane damage.

The company offers customer service through online contacts and 800 number.

  • Geico Home Insurance For Builders Risk and Vacant House.