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GEICO Has Some Good News: GEICO Auto Insurance Now Available in New Jersey.
TRENTON, N.J., Aug. 16 /PRNewswire/ -- New Jersey state officials this morning announced that GEICO has "good news" for state residents. They noted that beginning today GEICO will be selling private passenger automobile insurance in the state.
"This is a very exciting time for GEICO," said Tony Nicely, GEICO chairman, president, and CEO. "We are extremely pleased to say that effective immediately New Jersey drivers can buy insurance on GEICO's Web site geico.com. Visionary thinking by state leadership and bi-partisan support of the legislature made this possible. New Jersey has found ways to balance consumer protection with a competitive marketplace."
As the country's largest direct writer of auto insurance, GEICO will issue policies through the Internet, providing consumers more choices quickly and efficiently. All sales, customer services and claim services will be available 24 hours a day, seven days a week.
"GEICO's innovative, Internet-based approach brings us closer to the modern auto insurance marketplace we set out to build," said Holly C. Bakke, New Jersey Banking and Insurance Commissioner. "For too long New Jersey drivers have been teased by commercials offering great savings not offered to them because of their New Jersey location. Those days are over."
She added, "The consumer-driven, competitive marketplace that we are building encourages carriers to be creative when enlisting new business. This is not the same marketplace it was two years ago. Carriers are beginning to develop different business models and they are marketing to consumers in unique ways."
According to Robert Miller, GEICO senior vice president and head of Northeast and now New Jersey operations, "We are excited about our ability to now offer New Jersey consumers another choice in auto insurance. We are prepared to offer 24-7 sales and service with immediate policy quoting and binding for most ...
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Source: HighBeam Research, GEICO Has Some Good News: GEICO Auto Insurance Now Available in New...