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...
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