Top 21 Geico Interview Questions In 2024 [With Answers]

GEICO stands for Government Employees Insurance Company. Established in the year 1936, this is an eight-and-a-half-decade old company that has its operations spread in almost the entire United States. It has more than 40,000 hardworking employees that manage the workload and deliver the brand popularly known as GEICO. It is primarily an auto insurance company and has a strong presence in the sector, regarded just next to the State Farm. Founded by Leo Goodwin and his wife Lillian Goodwin, this company is now a wholly-owned subsidiary of Berkshire Hathway.

Working at such an old, prestigious, and profitable company is a dream for many job seekers and it is the primary reason why even a small number of job openings at GEICO attracts a large number of job applications. This makes the interview process quite tough and challenging, which thoroughly demands sincere and serious preparation. Refer to some of the best and most frequently asked interview questions mentioned below.

GEICO Interview Questions

21 Best Interview Questions To Study

1. What Are The Several Events Covered In Auto Insurance?

This question tests your knowledge and understanding of the core principles of auto insurance. This aspect is necessary to prepare for an interview session, as GEICO is primarily an auto insurance company.

Sample Answer

Sir, auto insurance covers three types of events, these are:

Name of the eventExplanation
PropertyThe term “property” refers to the auto vehicle itself. Cars, scooters, trucks, pick-up vans, or any kind of automobile are covered under the term “property”. Any damage to this property is covered under auto insurance.
LiabilityIn the event of an accident, there is an injury sustained by both parties. Auto insurance covers the bodily injuries and damages to others, by an act of yours.
MedicalIt covers a variety of expenditures that get reimbursed, such as:
a) Cost of medical treatment
b) Cost of repair of the damaged property
c) Compensation for the period in which you were not able to work.

2. What Do You Mean By Comprehensive Coverage In The Context Of Auto Insurance?

This question tests your knowledge and understanding of the core principles of auto insurance.

Sample Answer

Sir, a comprehensive coverage policy covers all the claims that are non-accidental in nature. The damages sustained by a property due to Theft, flood, earthquake, fire, vandalism, or any other reason which is different from the collision is covered under this comprehensive policy. This is an optional or additional policy that is taken in addition to the original third-party insurance.

3. In Insurance Business, We Get Small Premiums and Pay Hefty Compensations. Don’t You Think It Is A Loss Business.

This question tests your knowledge and understanding of the insurance business.

Sample Answer

Sir, it is true that the amount received by the company in the form of premiums is lower when compared with the compensation granted to the car owners. But the maturity rate of claims is quite lower too. A normal insurance company receives premiums from almost all of its customers, however not all will ever sustain damages and would demand a claim. Thus, there is always a higher cash inflow as compared to the outflow in the form of claims. This excess or surplus is invested by the insurance companies for a profit. Thus, it is not at all a loss business.

4. Who Is The Holding Comapny Of GEICO and What Do You Mean By It?

This question is a combination of finance and factual information pertaining to the company. The best way to prepare for it is by reading the official website of the company and by attaining basic financial literacy.

Sample Answer

Sir, the holding company of GEICO is Berkshire Hathway. This company holds 100% of the shareholding of GEICO and thus it becomes its fully-owned subsidiary. Berkshire Hathway runs, manages, and provides funds to GEICO.

5. Are You Aware Of Our Founders?

This question tests your historical knowledge and facts about the company.

Sample Answer

Yes, sir, they were Mr. Leo Goodwin and his wife Lillian Goodwin. GEICO was founded in the year 1936.

6. Is GEICO A Government Company?

GEICO stands for Government Employees Insurance Company. It has government at the beginning of its name, but it is certainly not a government company. The U.S.A Government has zero holding in this company.

Sample Answer

No sir, it is a private subsidiary of Berkshire Hathaway. The government of the USA has nothing to do with it.

7. What Is A Glass Coverage In Auto Insurance?

This question tests your knowledge and understanding of the core principles of auto insurance. This aspect is necessary to prepare for an interview session, as GEICO is primarily an auto insurance company.

Sample Answer

Sir, glass coverage in an auto insurance policy covers the damages sustained by the:

  • Windshield of the car
  • Side window
  • Sunroofs and
  • Rear windows

8. We Do A Lot Of Advertisements. Don’t You Think It Is A Wastage Of Money For A Eight Decade Old Company?

This question tests your knowledge in regards to marketing and advertisements.

Sample Answer

Sir, no matter how old you are, or how established you are, there will always be new businesses and competitors who will challenge your business. Thus, it is necessary to always maintain the pole position, by enhancing brand awareness and making some engaging, informative, and impressive advertising campaigns. GEICO does a lot of advertising, which is almost 7% of its total revenue. I believe, GEICO is on the right track and must continue to do so.

9. Who Is Our CEO?

This question tests your historical knowledge and facts about the company.

Sample Answer

Sir, the current CEO of the company is Mr. Todd Combs (at the time of writing of this article)

10. What Policy Would You Suggest To A Customer Who Wants To Insure Accidental Damages To His Own Car?

This question tests your knowledge and understanding of the core principles of auto insurance.

Sample Answer

Sir, in a typical auto insurance policy, all the damages sustained by the second party or another vehicle are covered. In case a customer wants to insure the damages to his own car then he needs to take an optional policy, which covers the “collision” clause. As per this clause, all the damages that are sustained in an accident by the car of the customer will also get covered and reimbursed.

11. At GEICO We Prefer To Maintain Quality In Our Operations. How Do You Interpret This Term?

This is a word-based interview question and requires you to share your own version of interpretation of the term “quality”. Every business organization wants to maintain quality in its operations and so is the case with GEICO. “Quality” can be maintained by delivering a performance at par or better than the standards or benchmarks, or maybe client satisfaction will pertain to quality. Whatever you feel like, just share it with your interviewer.

12. How Comfortable Are You In Working At Rotational Shifts?

GEICO is an established business organization and has its business operations spread in the entire United States. It is the second-largest auto insurer and has a lot of tasks and duties for its employees. Thus, they work in different shifts, which are in the morning, evening, and night. You must positively answer this question as this is a common expectation of business organizations.

13. You Will Perform Several Challenging Tasks AT GEICO. How Do You Manage Your Stress Levels?

Stress management is a common expectation of business organizations and you will certainly be required to do it while working. Through this question, an interviewer wants to know about the strategies that you adopt to manage your stress levels. This could be anything from doing regular meditation to yoga to deep breathing exercises.

14. Describe Your Best Boss and Worst Boss.

This is a trending interview question and is asked in almost all the interview sessions held nowadays. We all work at different organizations throughout our careers and meet a variety of bosses. Some of these bosses enter our good books, while some simply can’t make it. Through this question, an interviewer wants to know the primary criteria based on which you segregate and define a boss, as best and worst. Make sure that you are able to present your answer with ample logic and reasons.

15. We At GEICO Will Certainly Assign You Several Tasks and Duties. How Do You Prioritize?

It is common for business organizations to assign multiple tasks to their employees so that they are able to remain productive and deliver a greater volume of work. In order to do complete all the tasks in a time-bound manner, it is necessary to have a proper prioritization technique. You might arrange your tasks on the basis of time consumption, yield, or maybe their difficulty levels. Whatever it is, just share the same with your interviewer.

16. What Is Your Ethical Team Culture?

Big and established organizations like GEICO, prefer to divide and group their employees in different teams. These teams are created on the basis of the nature of work, education qualifications, and designation of the employees. Through this question, an interviewer wants to know, what are the various qualities that you perceive in your team members and want them to have. This could be anything like, being supportive, dedicated, informative, etc.

17. We All Are Motivated By A Few Factors. What Motivates You?

An interviewer is always interested in knowing the motivational factors that prompt you to work hard and achieve your goals and objectives in a time-bound manner. These factors are dependent upon the financial conditions, desires, and circumstances of an individual. “Money” can be a valid motivational factor, however, you are always advised to couple it up with a few of your desires.

18. What Are The Various Factors That Motivate You?

We all are motivated by a few factors that prompt us to work hard at our workplace and deliver exceptional performance. These factors are personal in nature and are heavily influenced by a person’s financial conditions, desires, and living conditions. Hence, it is necessary to give a genuine answer and avoid all the generic answers for this question.

19. When Can You Start Working With Us?

This question requires you to share your data of availability, on or after which you can start working with the company. There is nothing technical in this question, and it also does not guarantee your selection. Hence, maintain your focus and share a genuine date.

20. You Must Have Applied At Our Rivals. Why You Chose Us?

Through this question, an interviewer wants to check your level of seriousness as well as commitment towards the business organization. It is an accepted fact that candidates apply to several business organizations to enhance their selection chances. Hence, just share your personal interests in the company and praise GEICO by mentioning a few of its unique achievements.

21. Do You Have Any Questions For Us?

Be it an interview session for Genpact, Apple or GEICO, this is the last question that is always asked to conclude an interview session. Through this question an interviewer wants you to ask a few relevant questions from the interviewer in regards to the organization, its work culture, the various work timings, etc. Skipping this question might prove fatal to your selection chances, hence always ask a few questions, similar to the model questions mentioned below:

Model Questions

  • What are the various incentives and allowances that are offered by GEICO to its employees upon achievement of targets and giving exceptional performance?
  • Please share a list of all the training and development programs that are offered by GEICO to its employees.
  • How long have you been working for GEICO and what are a few disadvantages working here?


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