BHSI Lowers Casualty Minimum Premiums, Adds Deductible Options
Berkshire Hathaway Specialty Insurance (BHSI) is broadening its casualty appetite in the U.S., lowering its minimum policy premium for eligible products liability, general casualty, energy and trucking risks, while introducing deductible options for primary general liability and product liability policies.
BHSI’s minimum policy premium has been lowered to $50,000 from $100,000. Deductibles from $5,000 to $50,000 are now available for U.S. and Canadian customers with low claims frequency.
According to Meredith Bullock, vice president, Casualty, lowering minimum policy premiums is a natural step in BHSI’s steady expansion of its casualty appetite.
Berkshire Hathaway Specialty Insurance provides commercial property, casualty, healthcare professional liability, executive and professional lines, surety, travel, programs, and homeowners insurance for customers. It underwrites on the paper of Berkshire Hathaway’s National Indemnity group of insurance companies.
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