Is the government really a part of car insurance companies like Geico?

I just realized today that Geico stands for Government Insurence Employee Company. Now my friend tells me that all car insurance companies are run by the government. (something I don't trust) Is this true and are their any insurence companies that the government isn't involved with?

Shellback2012-10-22T18:43:48Z

Favorite Answer

No all car insurance companies are not ran by the government and even GEICO is NOT a government owned insurance company anymore. Whoever told you that is an idiot!

Charlie2016-09-25T11:02:32Z

1

Anonymous2012-10-22T20:59:00Z

Geico is not run by the government. All insurance companies are subject to government regulation. I suppose you think Farmers Insurance is run by farmers?

Anonymous2012-10-24T02:44:49Z

NO ! GEICO is not a government involved now. Don't worry about and just relax, Government or not they will provide better service.

Anonymous2016-09-17T02:46:41Z

It takes eleven seconds for YahooAnswers questions to open for me to be able to click on [add your answer] box. is my computer slow?