Your email has been successfully added to our mailing list.

×
0 0 0 -5.40598983673419E-05 -0.000432479186939043 -0.00378419288571731 -0.00340577359714561 0.00162179695102179
Stock impact report

Berkshire Hathaway's Geico to credit its vehicle policyholders [MarketWatch]

Berkshire Hathaway Inc. New (BRK.B) 
Last berkshire hathaway inc. new earnings: 11/2 07:00 am Check Earnings Report
US:NYSE Investor Relations: berkshirehathaway.com
Company Research Source: MarketWatch
Berkshire Hathaway Inc.'s Geico insurance said late Tuesday it will give its auto and motorcycle policyholders a 15% credit on their bills as their policies come up for renewal between Wednesday and Oct 7. The credit will also apply to new policies bought in the same period, Geico said. The company said the average auto policy has a six-month premium around $1,000, and generally covering more than one vehicle, so it expects to credit on average about $150 per auto policy and about $30 per motorcycle policy. The company estimated that the benefit to its 18 million auto and 1 million motorcycle customers will be around $2.5 billion. "Shelter-in-place policies have reduced driving significantly. Vehicle accidents are down considerably, and although Geico expects a return to near-normal once the impacts of COVID-19 subside, Geico remains committed to serving its customers' changing needs in the best way it can," the company said in a statement. Geico in March said it was pausing coverage Show less Read more
Impact Snapshot
Event Time:
BRK.B
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BRK.B alerts
Opt-in for
BRK.B alerts

from News Quantified
Opt-in for
BRK.B alerts

from News Quantified