Thread

1. abirch · 1790099662 · focus · HN ↗

   Do you take into account the Berkshire Hathaway shareholder discount for GEICO, Home, and Umbrella insurance?

   Edit: I edited this for clarity.

   1. remotecar · 1790099769 · focus · HN ↗

      Coverage Cat actually gets a lot of GEICO customers, because it's pretty often the case you'll find better prices unbundled than bundled. That's not true for everyone of course, but it's true for most folks — a different way of thinking about it is, "Even after a small bundle discount, what's the likelihood the single bundling option is the cheapest" and the answer is that often it isn't.

      Just to give you some sense of this, someone with identical underwriting details can often see $1000+ price differences between carriers. So a 10% bundle discount begins to fade compared to something like that.

      1. ISL · 1790100519 · focus · HN ↗

         GP meant "own" where they stated "know". Berkshire shareholders get a discount on Berkshire's insurance.

         1. botacode · 1790105055 · focus · HN ↗

            To answer more directly, yes we do! Most of the umbrella coverage we offer though is of the unbundled variety.

Unofficial Hacker News client; not affiliated with Y Combinator.