A division of Berkshire Hathaway Specialty Insurance Company launched new coverage designed for road trip travelers. The Travelers Companies will begin to offer wildfire mitigation services at no added cost to its small business customers with building coverage in California.
Berkshire Hathaway Travel Protection, a division of Berkshire Hathaway Specialty Insurance Company, launched new coverage designed for road trip travelers.
Named ExactCAre Lite, the product is intended to protect non-refundable lodging reservations and attraction tickets, trip disruption caused by traffic accidents and can protect families with kids-included pricing.
ExactCare Lite includes coverages for trip cancellation, trip interruption, medical evacuation, emergency travel medical expenses, up to $10,000 in accidental death and dismemberment and 24/7 global travel assistance available via phone or email for travel and medical emergencies.
As Berkshire Hathaway Travel Protection’s first plan designed as a domestic-only travel insurance policy, ExactCare Lite is designed for trips that are at least 100 miles from the traveler’s home and this product is available in 40 states.
The Travelers Companies will begin to offer wildfire mitigation services at no additional cost to its small business customers with building coverage in California through its Wildfire Defense Services endorsement.
Loss prevention services, such as reducing potential fuel sources, deploying sprinkler systems, closing structure openings and, in certain situations, applying a fire-retardant gel, will be made available through Wildfire Defense Systems (WDS), a private firm that specializes in wildfire mitigation. If a wildfire approaches, WDS uses proprietary predictive analysis systems to help identify Travelers’ small business customers who could be affected, and then sends trained teams to protect as many buildings as possible. Such efforts supplement those of local emergency personnel.
The Wildfire Defense Services endorsement is subject to policy terms.
Sources: BHSI, Travelers