Search
 
Analysis

GEICO Shuts All of Its California Sales Offices

Insurance giant says all CA policies will be handled digitally, with no selling by phone agents.

By Jack Rogers | August 08, 2022 at 06:35 AM

GEICO abruptly closed all of its physical sales offices in California last week, telling its customers that its insurance policies in the Golden State from now on exclusively will be handled digitally through the insurance giant’s website or by using its mobile app.

The office shutdown, which according to several reports was accompanied by “hundreds” of layoffs, involves 38 offices across the state. At the same time the physical offices closed, the company said it was ending the practice of selling policies through telephone agents in California.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

Navigating 2024's Shifts and Strategies in Retail

Navigating 2024's Shifts and Strategies in Retail

Natalie Dolce |

As the retail landscape continues to transform, retailers are innovating to meet evolving consumer expectations. GlobeSt.com catches up with a few key players in this article in advance of the upcoming ICSC Las Vegas retail event.

Calling All Net Lease Experts

Calling All Net Lease Experts

Ingrid Tunberg |

Do you know a professional and/or company that has helped shape the net lease sector? Submit a candidate for GlobeSt.'s Influencers in Net Lease recognition before May 29!

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.