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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: nola622 ✶  😊 😞
Number: of 15062 
Subject: Re: GEICO Discount?
Date: 01/04/2023 9:14 AM
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Yes, this discount varies state by state and you may be eligible for a different discount that saves you more than the shareholder discount does. In some states the Berkshire Hathaway shareholder discount is only 8%, in others I have heard 10% or potentially more.

There is a lot of change at GEICO currently. They are changing pricing in a major way and have been losing a lot of customers. Only time will tell if GEICO navigates this period successfully. Obviously underwriting profitability has disappeared and something needs to change. It is concerning that the competition seems willing and able to underprice GEICO (at least in year 1).
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