Anyone use Berkshire Hathaway Guard insurance?

Question

Hey BP, I was wondering if anyone has had any experiences with Berkshire Hathaway Guard insurance. Among the quotes I got for my first rental they are the cheapest and leaning towards them.

Was wondering if anyone on here had an option on them if they had to make claims and how "easy" the process was or wasn't.

Thanks!

Eric Van Deman · Answer

Hi @Tyler Tacy,

I use them on my largest multi-family property.  No claims yet (fingers crossed), so I can't provide insight on the claims process.  But no major rate hikes between years 1 and 2, so at least from that perspective they have been good to work with.

Best of luck.

Eric

Ryan Fox · Answer

I use Bershire Hathaway Guard.  I like that they cover things that not covered in other policies, like sewer backup.  Haven't had a claim yet so I can't evaluate them in that way.  Just make sure you pay your policy ON TIME.  A couple years ago, I had a mix-up with my bank as to who was going to pay the insurance.  The payment was 5 days late and they had fully canceled the policy.  Once they received payment, they re-instated it.

Eric Van Deman · Answer

Unfortunately (or fortunately), I don’t. But overall, as a Warren Buffett backed entity, I would expect them to be ethical and fair in their dealings with policy holders.  That is, I don’t really view my policy with them as any higher risk than any other insurer.

Tyler Tacy · Answer

@Eric Van Deman appreciate your feedback. Do you know anyone else that has BHG and might have made a claim? Definitely wanting to go with that company for the price but don't want to regret it

Anyone use Berkshire Hathaway Guard insurance?

Most Popular Reply