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Geico Car Insurance 8% discount for owning berkshire hathaway stocks YMMY

foster_sharma 455 389 April 22, 2014 at 05:14 PM in Insurance (4) More GEICO Deals
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Last Edited by BostonGirl April 23, 2014 at 09:34 AM
If you have an existing insurance with Geico or planning an insurance with GEICO, this will help you. Also you need to have a brokerage account to buy the shares into. If you already have both Geico and also own some shares of BRK.B / BRK.A call Geico and ask for "Berkshire Affiliation Discount". If you have other affiliation discounts, then this doesn't apply.

1. Buy One or more shares of BRK.B into your brokerage account. This is the stock you need to buy to get discount
https://www.google.com/finance?q=NYSE%3ABRK.B
2. Call GEICO customer care 1-800-861-8380 and inform them that you are a share holder of Berkshire Hataway and you want to add affiliation discount program to your account.

They do not check if you really own the shares. Also they won't ask how many shares you own. So buying just one or two will be ok. Also once you are in the discount program you can sell the shares.

For the people who are wondering why GEICO give you discount for owning a stock of Berkshire,

Berkshire is a Holding company headed by Warren Buffet and owns mejority of Geico Insurance Company.

http://boards.fool.com/geico-10-s...t=username

http://forums.anandtech.com/showt...?t=2306551

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Last Edited by sedakill January 22, 2015 at 02:01 PM
List discount percent for your state:

Florida: 0%
New York: 1%
Connecticut : 8%
New Jersey : 8%
Illinois : 10%
Pennsylvania: 8%
Oregon: 9%
Arizona: 8%
Virginia : 8%
Colorado: 8%
More discount possibilities:

Accounting Organizations


Institute of Internal Auditors
Institute of Management Accountants
Investors Alliance, Inc.
National Society of Accountants
National Directory of Registered Tax Return Preparers and Professionals Ltd
Virginia Society of Certified Public Accountants




Attorney Organizations


Alabama State Bar
Alameda County Bar Association
American Immigration Lawyers Association
Colorado Bar Association
Delta Theta Phi Law Fraternity
District of Columbia Bar
Florida Bar
Hawaii State Bar Association
Illinois State Bar Association
Kansas Bar Association
Kentucky Bar Association
Louisiana State Bar Association
National Association of Assistant U.S. Attorneys
National Association of Criminal Defense Lawyers
Phi Delta Phi, International Legal Fraternity
San Diego County Bar Association
South Carolina Bar Association
State Bar of Arizona
State Bar of Georgia
State Bar of New Mexico
State Bar of Texas
Tennessee Bar Association




Engineering Organizations


American Society of Civil Engineers
Association of Energy Engineers
International Society of Automation
National Society of Black Engineers
National Society of Professional Engineers
Society of Manufacturing Engineers
Society of Motion Picture and Television Engineers
Society of Women Engineers
Theta Tau Professional Engineering Fraternity




Financial Organizations


Investors Alliance
National Association of Credit Management




Medical Organizations


American Academy of Audiology
American Academy of Pediatrics
American Association of Registered Nurses
American Association for Respiratory Care
American Association of Women Dentists
American College of Clinical Pharmacy
American College of Radiology
American Dental Hygienists' Association
American Heart Association
American Medical Student Association
American Occupational Therapy Association
American Osteopathic Association
American Pharmacists Association
American Physical Therapy Association
American Public Health Association
American Society for Clinical Pathology
American Speech-Language-Hearing Association
Association for Play Therapy
Association of Women's Health, Obstetric and Neonatal Nurses
Kappa Psi Pharmaceutical Fraternity
Medeon
Medical Society of the District of Columbia
National Board for Certification of Orthopaedic Technologists
National Register of Health Service Providers in Psychology
Pennsylvania Academy of Family Physicians and Foundation
Student Osteopathic Medical Association




Professional Development Organizations


Alabama Retired State Employees' Association
American Alliance of Museums
American Business Women's Association
American Association of Diabetes Educators
American Association of Family and Consumer Sciences
American Horticultural Therapy Association
American Library Association
American Society of Appraisers
American Society for Clinical Laboratory Science
American Society for Training and Development
Application Developers Alliance
Association for Education and Rehabilitation of the Blind and Visually Impaired
Association of American Geographers
Association of Schools of Public Health
Business and Professional Women's Foundation
California Association for the Education of Young Children
Executive Women's Golf Association
Florida Association of Museums
Freelancers Union
Future Business Leaders of America/Phi Beta Lambda
Georgia Retired Educators Association
Golden Key International Honour Society
Hispanic Alliance for Career Enhancement
International Association of Administrative Professionals
International Association of Chiefs of Police
International Association of Workplace Professionals (IAWP)
International Furnishings and Design Association
Licensed Professional Counselors Association
Kansas City Regional Association of Realtors
Kentucky Association of Realtors
Kentucky Counseling Association
MBA Corps, Inc.
mediabistro
Miami Association of Realtors
National Association for Female Executives
National Association of Credit Management
National Association of Professional Women
National Child Care Association
National Contract Management Association
National Management Association
National Notary Association
National Peace Corps Association
National Sheriffs' Association
New York County Lawyers' Association
Organization of American Historians
Public Relations Society of America
Registry of Interpreters for the Deaf
Sales & Marketing Executives International
San Diego Association of REALTORS®
Society of American Foresters
Society of Professional Journalists
Society for Human Resource Management
The Endocrine Society




Scientific Organizations


American Association for the Advancement of Science
American Physical Society
American Society for Cell Biology
American Society for Microbiology
Sigma Xi, The Scientific Research Society




Technical Organizations


Association of Information Technology Professionals
The Computing Technology Industry Association (CompTIA)
Independent Telephone Pioneers Association
Women In Technology International
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180 Comments

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#3
I have about 10,000 shares of BRK.A how come I didn't know about this?




















j/k LOL I've had GEICO all my life so might be worth checking into; might save me about $50. Thanks OP!
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Last edited by kensteele April 22, 2014 at 05:43 PM
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#4
Quote from kensteele View Post :
I have about 10,000 shares of BRK.A how come I didn't know about this?




















j/k LOL I've had GEICO all my life so might be worth checking into; might save me about $50. Thanks OP!
If you had that many BRK.A shares you wouldn't be ON Slickdeals, you'd OWN Slickdeals.
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#5
I did this a month ago and it worked.

THANKS Uncle Warren!
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#6
Are there any other affiliation discounts? Perhaps freelancers union? Lol
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#7
Quote from homers54321 View Post :
Are there any other affiliation discounts? Perhaps freelancers union? Lol
A few others
https://www.geico.com/about/spons.../partners/
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#8
Geico will only allow one affiliation discount.
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#9
is the affiliation discount different for each or the same?I am part of one of the credit unions they mentioned.
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#10
Quote from coldteadodd View Post :
Geico will only allow one affiliation discount.
makes sense, i'm already NMFA.
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#11
emailed them, 10 mins later got it. ty
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#12
Wait a minute, I have all my retirement money in stocks in Vanguard Total Stock Market. Doesn't that mean I probably own some shares of Berkshire Hathaway in that fund?

EDIT: NVMD, just looked at fund prospectus, it's one of the top 10 holdings. Means I should be able to get this discount, right?
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#13
Quote from countofmc View Post :
Wait a minute, I have all my retirement money in stocks in Vanguard Total Stock Market. Doesn't that mean I probably own some shares of Berkshire Hathaway in that fund?

EDIT: NVMD, just looked at fund prospectus, it's one of the top 10 holdings. Means I should be able to get this discount, right?

Nice reminder that I already own some. 8% will allow for a few more Slickdeals purchases... I'm good with that.
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#14
Good to know. Thanks!
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#15
Is this the same as the Marketing Partner Discount? Or is this considered a different discount?
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