Berkshire Hathaway Travel Insurance

Overview of Berkshire Hathaway Travel Insurance

Berkshire Hathaway Travel Protection (BHTP) is a highly-rated travel insurance provider founded in 2014. Operating under the motto “Claims is Our Product,” the provider aims to provide an unmatched claims experience that allows you to get reimbursed promptly when disaster strikes.

Berkshire Hathaway currently offers three comprehensive plans on Squaremouth. These policies are built to serve specific traveler profiles, such as a “Value” plan for budget-conscious travelers and a “Luxury” plan intended for those planning expensive trips. Berkshire Hathaway is also one of only four travel insurance companies that offer free coverage to children under the age of 18.

Berkshire Hathaway emphasizes customer service and offers complimentary concierge services to all policyholders, which can assist in everything from making dinner reservations to securing concert tickets.

Is Berkshire Hathaway Travel Insurance Any Good?

Berkshire Hathaway is a globally recognized travel insurance company with reliable plans designed to fit the needs of travelers across all age groups and budgets. Berkshire Hathaway’s dedication to customer service has earned them an A+ rating from the Better Business Bureau.

Apart from their strong plan offerings, BHTP is financially backed by Berkshire Hathaway Specialty Insurance, which is globally recognised for its financial strength and underwriting expertise. It currently holds the highest rating of A++ (Superior) from A.M. Best, making it one of the most trustworthy providers on Squaremouth.

Our Take: Berkshire Hathaway Travel Protection is a solid choice if you want affordable, dependable coverage backed by one of the most financially stable companies in the world. Their plans stand out for their ease of use, fast claims process, and family-friendly pricing that lets kids travel for free under select plans.

If you’re planning a domestic trip or a short international getaway, Berkshire Hathaway’s ExactCare or ExactCare Value plans are great low-cost options that still cover essentials like trip cancellations, delays, and pre-existing conditions. However, if you’re traveling abroad or want stronger medical coverage and more flexibility, it’s worth upgrading to the LuxuryCare plan. It’s the only one that includes Cancel For Any Reason coverage and higher medical limits.

Overall, Berkshire Hathaway is best for travelers who want peace of mind from a trusted brand without overpaying for features they may not need.

Berkshire Hathaway Customer Satisfaction Ratings

Berkshire Hathaway currently holds a 4.29 out of 5 rating from customers. While they aren’t the highest-rated provider on Squaremouth, they receive consistently positive feedback from travelers when it comes to speedy claims resolutions. The following ratings are based on more than 900 reviews from Berkshire Hathaway customers.

Berkshire Hathaway is one of the few travel insurance companies that holds above a 4-star rating for post-trip support. This is arguably the most important area for a provider to have a high customer satisfaction rating, as it’s reflective of their ability to handle claims promptly and provide assistance to customers during stressful situations.

Here is what recent travelers had to say about their experience with Berkshire Hathaway:

Pros & Cons of Berkshire Hathaway Travel Protection Plans

From budget-friendly coverage to complimentary concierge services, Berkshire Hathaway has a lot to offer both domestic and international travelers. However, there are a handful of potential pitfalls to consider when comparing Berkshire Hathaway policies.

One of Berkshire Hathaway’s biggest strengths is its affordability. Their ExactCare Value policy, for example, ranks as one of the least expensive comprehensive policies on the market. All plans offer coverage for pre-existing medical conditions to eligible customers, which makes BHTP a great option for budget-conscious travelers with special medical needs.

The provider’s ExactCare plan includes ‘Kids Covered Free’, offering complimentary coverage for 2 children 17 and under with each insured adult. This can provide additional cost savings if you’re planning a family getaway with younger explorers.

Berkshire also has a stellar track record of offering support through their concierge services, which is a benefit not commonly featured as part of travel insurance policies. This service can help with things like making last-minute dinner reservations or booking golf tee times.

Berkshire Hathaway also offers one of the most flexible and efficient claims processes of any provider on our platform. Their platform allows you to begin claims with the simple snap of a photo, which can help you get started earlier and get reimbursed faster.

One major drawback for Berkshire Hathaway is the low medical coverage limits included in their ExactCare and ExactCare Value plans, offering up to $25,000 and $15,000 in coverage, respectively. These limits help keep premiums low, but the coverage amounts fall short of our general coverage recommendations for international travel.

These policies also do not offer the CFAR add-on, which can be a dealbreaker if you’re seeking maximum flexibility heading into a trip.

Ready to explore your options? Compare Berkshire Hathaway plans against other top providers.

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Details of Berkshire Hathaway’s Travel Insurance Policies

Berkshire Hathaway currently offers three comprehensive travel insurance plans on the Squaremouth marketplace:

1. ExactCare Value
2. ExactCare
3. LuxuryCare

LuxuryCare Plan

LuxuryCare is Berkshire Hathaway’s most robust policy currently on the market. It offers up to $100,000 in Emergency Medical coverage and up to $1,000,000 in Medical Evacuation coverage, which is ideal if you’re planning an international trip or cruise vacation. This is also the only Berkshire plan that allows you to add CFAR to your coverage. All of this coverage comes at a higher price, with LuxuryCare being the most expensive policy offered by the provider by a considerable distance.

ExactCare & ExactCare Value Plans

ExactCare and ExactCare Value are very similar policies in terms of coverage, with ExactCare Value offering slightly lower reimbursement rates across the board. These policies are designed to provide you with a low-cost, comprehensive option that includes the most in-demand travel insurance benefits. ExactCare is especially a cost-saver option for families, as it allows parents to cover children under the age of 18 at no additional cost.

Both policies offer low medical coverage limits, which may be a dealbreaker if you’re planning a trip overseas. ExactCare Value does not include Missed Connection coverage, an important benefit if your trip involves tight layovers or cruise departures.

Compare All Plan Details

Compare Berkshire Hathaway Travel Insurance vs. Competitors

What’s the best provider? That depends on your trip. Choosing the right one can save you thousands. Here’s how Berkshire Hathaway stacks up.

Plan Features
Overall Coverage	High coverage limits for medical ($500,000), trip interruption (up to 200% of trip cost), and unique benefits like pet care coverage and cancellation for work reasons. Covers financial default and terrorism.	Broad coverage, with options for customization
Cost	They are known for competitive pricing, especially comprehensive plans with high coverage limits. Offers substantial value for medical and trip interruption coverage.	Moderate pricing with flexible plan options
Customer Rating	4.3 Good 921 Reviews	4.5 Very Good 208 Reviews
AM Best Rating	A++ (Superior)	A (Excellent)
Unique Benefits	Layoff and work reason cancellation, financial default coverage	Sporting equipment coverage
Insurance Partners	Backed by Berkshire Hathaway Specialty Insurance Company.	Backed by BCS Insurance Company and Jefferson Insurance Company.

Average Cost of Berkshire Hathaway vs Competitors

Berkshire Hathaway travel insurance policies are among the most affordable on the market. Their plans are a great option if you want peace of mind but don’t need all the bells and whistles that come with higher-priced protection. See how their average premiums stack up against the competition.

The provider’s travel medical insurance policies cost just $21.21 on average, which is around the price of a sandwich at the airport. By comparison, some providers charge more than $50 on average for medical-only coverage. However, it’s important to note that Berkshire Hathaway’s medical plans are limited, and you should consider other options if your primary concern is strong medical coverage while away from home.

Berkshire Hathaway’s comprehensive plans cost an average of $183.52, which is also low compared to other top-rated providers in the industry. This is a great value for well-rounded coverage backed by a globally recognized, financially strong insurer. While it’s possible to spend more for better coverage, Berkshire Hathaway’s comprehensive policies can be a good choice if you’re traveling domestically or taking a quick, low-risk international trip.

Is Berkshire Hathaway Travel Insurance Right for Me?

Berkshire Hathaway can be a great fit for your trip, especially if your primary concern is finding affordable coverage that can still provide you with valuable peace of mind. Berkshire Hathaway is a reliable, well-respected provider with an impressive customer satisfaction rating, making their plans a solid option for travelers of all ages.

If you’re planning international travel, we recommend their LuxuryCare policy, as it provides the most robust travel protection and the highest medical coverage limits. While it’s their most expensive plan, it provides adequate medical coverage for a variety of trip types, including cruises, luxury vacations, and trips to remote destinations. It also offers family-friendly pricing, which can result in major cost savings if you’re traveling with children under the age of 18.

While popular, Berkshire Hathaway’s ExactCare line of products may not be the best fit if medical protection is a priority, as they generally offer low coverage limits for key benefits like Emergency Medical. ExactCare Value also offers secondary medical coverage, which can result in additional paperwork and extra steps when filing a claim.

Alternatives to Berkshire Hathaway

If none of Berkshire Hathaway’s policies meet your coverage needs or fit your budget, consider plans from the following travel insurance providers:

Travel Insured International is a reputable provider that offers a handful of popular comprehensive plans. FlexiPAX, their top-selling plan, is known for its generous “Kids Covered Free” pricing and customization options.

Arch RoamRight is one of the highest-rated travel insurance providers on the Squaremouth marketplace. Their Pro Plus plan is great for families and features “Kids Covered Free” pricing.

Tin Leg is the highest-selling travel insurance provider on Squaremouth. Their Tin Leg Gold policy, specifically, is the most popular comprehensive plan that offers well-rounded protection at a competitive price point.

Frequently Asked Questions: Berkshire Hathaway Travel Protection

Are Kids Covered For Free by Berkshire Hathaway’s Policies?

Yes, Berkshire Hathaway’s ExactCare plan allows for two children to be covered at no additional cost per insured adult. This ‘Kids Covered Free’ pricing allows for significant cost savings if you’re a parent traveling with children 17 or under.

See other policies that feature similar family-friendly pricing on our Best Travel Insurance For Families list.

Does Berkshire Hathaway Have an Age Limit?

No, at the time of writing, none of Berkshire Hathaway’s policies enforces age requirements.

What Does Berkshire Hathaway Travel Insurance Cover?

Berkshire Hathaway policies provide coverage against common trip disruptions, including medical emergencies, trip cancellations, delays, and baggage loss. All plans extend coverage for pre-existing medical conditions if you meet certain eligibility requirements.

Are Berkshire Hathaway’s Travel Insurance Plans Expensive?

No, Berkshire Hathaway is one of the most affordable travel insurance providers on the market. Their policies are a great option if you’re trying to keep travel insurance spending to a minimum while still traveling with dependable coverage.

Does Berkshire Hathaway Offer Cancel For Any Reason Insurance?

Yes, but only if you purchase Berkshire Hathaway’s LuxuryCare policy and meet the plan’s eligibility requirements. This includes purchasing your policy within 15 days of your initial trip deposit date and canceling your trip at least 48 hours in advance.

Does Berkshire Hathaway Offer Any Add-Ons Or Upgrades?

Yes, Berkshire Hathaway allows you to enhance your travel insurance plan through optional add-ons like CFAR and Rental Car Damage protection.

Does Berkshire Hathaway Travel Insurance Come With Concierge Services?

Yes, all Berkshire Hathaway policies offer complimentary concierge service. This service can assist in restaurant referrals and reservations, ground transportation arrangements, event ticketing arrangements, tee times and course recommendations, and floral services.

Does Berkshire Hathaway Travel Insurance offer 24/7 Emergency Assistance?

Yes, Berkshire Hathaway offers 24 Hour Emergency Assistance services to all policyholders.

Will Berkshire Hathaway’s Plans Cover Pre-Existing Health Conditions?

Yes, all Berkshire Hathaway travel insurance plans offer coverage for pre-existing medical conditions. To qualify for coverage, you must purchase your policy within 15 days of your initial trip deposit date.

Can I Get Annual Travel Insurance Through Berkshire Hathaway?

No, Berkshire Hathaway does not currently sell annual travel insurance. Visit our Annual Travel Insurance page to compare multi-trip policies from reputable providers.

How Far In Advance Do I Need To Buy Berkshire Hathaway Coverage For My Trip?

You can purchase Berkshire Hathaway trip protection up until the day before your departure date. However, if you wish to qualify for time-sensitive benefits like CFAR or pre-existing condition coverage, we recommend purchasing coverage within 15 days of your initial trip deposit date.

How Do I File A Travel Insurance Claim With Berkshire Hathaway?

Filing a travel insurance claim with Berkshire Hathaway is simple, and the provider boasts one of the best-rated claims processes. Your first step in filing a claim with Berkshire Hathaway should be to contact them as soon as it is safe to do so. From there, they will be able to walk you through the next steps and instruct you on how to proceed with your claim.

All relevant information, including claims-related contact details and links, can be found in the section below.