Reinsurance News

Berkshire Hathaway GUARD further expands US homeowners coverage

13th November 2020 - Author: Charlie Wood

Berkshire Hathaway GUARD Insurance Companies has added Indiana, Kansas, Kentucky, Nevada, and Oregon to the list of states where its homeowners product is available.

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Chief Insurance Officer Lyle Hitt said he has been pleased with the caliber of submissions already experienced in previous states, and fully expects to see the trend continue.

“Our success can be attributed to Berkshire Hathaway GUARD providing a quality, easily understood product along with a high level of service to both agents and policyholders,” he added.

“As we continue to expand our portfolio, our goal is to be the preferred insurance carrier our agents turn to for their insureds,” said Berkshire Hathaway GUARD’s Chief Executive Officer Sy Foguel.

“We supply our network of independent agents with quality products that enable them to grow as we do. With these additions, we now offer our Personal Lines products in 20 states with plans for further expansion in the months ahead.”

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According to Senior Vice President of Sales Dave Simmons, “We are confident that we can provide great service to agents that write both commercial and personal accounts.

“Our products are competitively priced and feature a variety of discounts, including one for insureds who have commercial policies with us. We also believe certain aspects of our underwriting appetite are unique and will appeal to producers anxious to cross-sell and achieve a greater client share.”

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