Post #9997 by LongTermBRK on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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In MA in last year, GEICO clocks the largest price increase of all: 26%. That’s a pretty incredible AVERAGE increase.

Btw, GEICO has a 16% market share in MA.

Anecdotally it seems they’re trying to reduce exposure here, based on pricing and cancellations …a friend with a perfect driving record was dropped by GEICO. My agent says she knows others who were also not offered renewal deals in MA.

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