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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How do you apply the discount online after subscribing?
How do you apply the discount online after subscribing?
How do you apply the discount online after subscribing?
FYI - they did not verify that she was ACTUALLY a member (even though she is). Might be worth contacting Geico and using whatever State Association that was listed on Wiki. Worth a shot
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%
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.anandtec
If you are TD on this post, please specify the reason.
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Agent asked me the brokrage account number and applied the discount for me
8%, i am in NJ
Gald a phone call saved me another $50 per 6 month policy on my 2 cars
Agent asked me the brokrage account number and applied the discount for me
8%, i am in NJ
J.
I agree
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They reduced my premium by about 8%( NJ state).