Berkshire Offering Commercial Coverage in NJ

Berkshire Hathaway GUARD Insurance Companies recently added their Commercial Package product in New Jersey. This offering includes: Commercial Property with limits up to $120 million per location with an enhanced causes of loss form which includes built-in equipment breakdown and inland marine coverages as well as crime coverage; General Liability with base limits of $1 million to $6 million with even higher limits considered; Employment-Related Practices Liability Insurance (EPLI); and Commercial Umbrella for added protection. According to CEO Sy Foguel, “Our goal is to become a ‘One Stop Shop’ for our agents and their insureds. We continue to expand our portfolio to supply our network of independent agents with quality products that enable them to grow. New Jersey is our second state for Commercial Package after initially rolling it out in Pennsylvania, and more states are soon to follow.”

Executive Vice President Lyle Hitt explains that “GUARD’s coverages are unique, including our built-in inland marine protection for Commercial Property that sets us apart from our competitors in the market. We further enhance our base coverages with a wide range of add-ons and industry-specific endorsements. We take a customized approach to expanding the limits and scope of traditional property and casualty insurance.”

According to Vice President of Commercial Package Ellen Hauser, “Our Package product is designed to address the insurance needs of larger, more complex operations or businesses with multiple exposures.” Hauser also notes that “our initial target markets include light-to-medium manufacturing, wholesalers and distributors, truck stops/travel plazas, resort hotels, and country clubs/golf courses with plans to expand into additional markets.”

Agents interested in applying should visit https://www.guard.com/apply/.