A once small and efficient insurance company catering to government employees - hence the accronym GEICO or Government Employees Insurance Company. Now they have gotten gready - running adds gloating about their success. Pay your premiums and never make a claim and they will love you. Make an at fault claim and they will drop you like a hot rock.
Man, I belonged to GEICO since the 80s and never filed a claim. Then about the time geico became gecko BAM! two accidents in two months. They paid the claims no problem. Then they terminated my policy. They went from GEICO to GECKO to GAYCO where they stick it in your ass after pretending to be your friend for years. Piss on that Gecko faggot company!
by Mario Skink July 13, 2006
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You may save fifteen percent or more on your car insurance, but it's the shittiest insurance company out there. Bad customer service, and nobody has an agent, so if someone with Geico insurance hits you and you call to make a claim, you get to talk to a bunch of random people who probably never graduated from college.
Person 1: Man, I think I'm gonna drop out of college.
Person 2: That's ok dude, you can always get a job answering phones and giving bad advice at Geico.
by slmtephanie November 16, 2007
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A girl who is "so easy a caveman could do" her
That geico has been with half the school
by AR 222 March 19, 2009
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Verb,
To be misled about the purpose of a advertisment, commercial or conversation until the very end.

Derived from the Geico Insurance commercial campaign with the endings "...but there's good news, I just save a bunch of money on my car insurance."
Narrator: " It is here that many a salmon's life is cut short, but there is good news...I just save a bunch of money on my car insurance by switching to Geico."
Audience: AWWWW!! We've been geicoed!
by Cruise May 9, 2006
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a promiscuous female with little to no self respect i.e. A whore... So easy a caveman could do it
Doode that chick is straight geico... So easy a caveman could do her.
by Kapt Nemo September 6, 2007
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I don't know how their insurance is but I love their commercials. Honestly among the dumbass Mcdonalds commercials, tampax ads, jamster and cingular, Geico commercials are the highlight of tv ads.
Bob: I'm going to shoot myself.
Jim: Hold on dude, a geico commercial just came on!
Bob: seriously? ok i'll live but im saving the gun for a tampax of mc'dees commercial.
by Oz January 23, 2005
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