Geico Choice Insurance Company, Nebraska(NE): What You Need to Know

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Geico Choice Insurance Company is more than just an insurance company. It’s your one-stop shop for all your insurance needs. Find out how you can get customized coverage and great service from Geico/PHOTO COURTESY: Facebook

If you’re looking for an insurance company that offers affordable rates, reliable service, and a variety of coverage options, you might want to consider Geico Choice Insurance Company.

Geico Choice is one of the subsidiaries of Geico, one of the largest and most popular auto insurers in the US.

In this article, we’ll give you an overview of what Geico Choice is, where it operates, what it covers, and how it compares to other insurers. We’ll also answer some of the most common questions that customers have about Geico Choice.

What is Geico Choice Insurance Company?

Geico Choice Insurance Company is a captive insurance company that provides auto insurance to customers of Zale Corporation, a leading jewellery retailer in the US.

Zale Corporation owns and operates several brands, such as Zales, Gordon’s Jewelers, Peoples Jewellers, and Piercing Pagoda.

Geico Choice offers a warranty, credit life, and jewellery replacement plans to customers who purchase jewellery from these brands.

Geico Choice is licensed in all 50 states and Washington, D.C., but it only operates in 14 states:

  • Alabama
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Louisiana
  • Mississippi
  • Nevada
  • New Mexico
  • Texas

What does Geico Choice Insurance Company cover?

Geico Choice Insurance Company offers three types of coverage to customers of Zale Corporation:

  1. Warranty: This covers the repair or replacement of jewellery that is damaged or defective due to normal wear and tear or manufacturing defects. The warranty period varies depending on the plan purchased, but it can range from one year to a lifetime.
  2. Credit life: This pays off the balance of the customer’s credit account with Zale Corporation in the event of the customer’s death or disability. The credit life coverage amount is equal to the original purchase price of the jewellery.
  3. Jewellery Replacement: This replaces the customer’s jewellery with a similar item in case of theft or loss. The jewellery replacement coverage amount is equal to the original purchase price of the jewellery or the appraised value at the time of loss, whichever is lower.

How does Geico Choice Insurance Company compare to other insurers?

Geico Choice Insurance Company is not a typical auto insurance company.

It only serves customers who buy jewellery from Zale Corporation’s brands.

Geico does not offer liability, collision, comprehensive, or other standard auto coverages.

It also does not have a network of local agents or a website where customers can get quotes or manage their policies.

Customers can only contact Geico Choice by phone or mail.

However, Geico Choice does have some advantages over other insurers.

Benefits of Geico Choice

It offers affordable rates and flexible payment options for its coverage plans.

It also has a positive outlook from A.M. Best, a credit rating agency that evaluates the financial strength and stability of insurance companies.

A.M. Best has assigned Geico Choice an A+ (Superior) rating, indicating that it has a superior ability to meet its ongoing obligations to policyholders.

Conclusion

Geico Choice Insurance Company is a niche insurer that provides warranty, credit life, and jewellery replacement plans to customers who buy jewellery from Zale Corporation’s brands.

It has low rates, flexible payment options, and a strong financial rating.

However, it only operates in 14 states and does not offer standard auto coverage or online services.

If you’re looking for a more comprehensive and convenient car insurance policy, you might want to compare quotes from other providers using our free online tool.

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