Berkshire Hathaway Travel Protection offers a lineup of eight different travel insurance coverage that suit a wide range of needs (and budgets). It’s also got a stellar popularity amongst travelers, who praise the corporate’s quick and simple claims process.

Read on to learn concerning the company’s various travel insurance products, and the way it stacks up against its competitors.

Best travel insurance for quick claims processing

One in all the aspects to think about when looking for the best travel insurance is how quickly you’ll find a way to get the cash you are owed if you will have to make a claim. Berkshire Hathaway says it pays out claims five times faster than the industry average, and there are ample online reviews substantiating that. and holds many positive customer reviews to back up this statement. In lots of cases, claims for flight-related inconveniences could be filed online with just a couple of pieces of data.

Berkshire Hathaway travel insurance pros and cons

Pros explained

Fast claims processing

Berkshire Hathaway’s lightning-fast claims processing is what draws in the majority of its customers. For a lot of claims, the method takes just a couple of mouse clicks.

Wide selection of plans

Berkshire Hathaway offers eight different plans to select from, so most travelers can find coverage to suit their needs.

Offers baggage loss coverage of as much as $2,500

Berkshire’s LuxuryCare plan, a baggage loss add-on, offers a better level of coverage in comparison with similar policies at other insurers.

Cons explained

Low medical coverage limits

Berkshire Hathaway’s medical coverage limit ranges from $15,000 to $100,000 per person, which is comparatively low in comparison with other providers.

Limited coverage with basic plan

The corporate’s most simple plan, ExactCare Value, doesn’t offer coverage for accidental death and dismemberment or missed flight connections. This could possibly be a problem for travelers in search of comprehensive coverage on a basic plan.

Limited ‘cancel for any reason’ coverage

Berkshire Hathaway offers a cancel for any reason (CFAR) upgrade to its luxury plan, but coverage is proscribed to a maximum of fifty% reimbursement for insured trip costs. Many other insurers cover as much as 75%.

Berkshire Hathaway travel insurance coverage

Berkshire Hathaway Travel Protection offers eight different policies, including three standard plans, a luxury plan and plans tailored to specific methods of travel (i.e, road trips, cruises, and flights). All of those policies include access to 24/7 travel and medical assistance and a pre-existing medical conditions exclusion waiver. Here’s a breakdown of details — and various levels of protection — that include each plan:

ExactCare Value

ExactCare Value is probably the most basic travel plan offered by Berkshire Hathaway Travel Protection. It provides coverage for:

• Trip cancellation: As much as 100% of the fee of the trip
• Trip interruption: As much as 100% of the fee of the trip
• Medical expenses: As much as $15,000
• Emergency evacuation and repatriation of stays: As much as $150,000
• Lost baggage: As much as $750
• Trip delay: As much as $500
• Baggage delay: As much as $200
• Automotive rental collision coverage (optional): As much as $35,000

ExactCare

Berkshire’s ExactCare plan is a step up from the Value plan.It provides coverage for:

• Trip cancellation: As much as 100% of the fee of the trip
• Trip interruption: As much as 150% of the fee of the trip
• Medical expenses: As much as $25,000
• Emergency evacuation and repatriation of stays: As much as $500,000
• Lost baggage: As much as $100
• Trip delay: As much as $1,000
• Baggage delay: As much as $200
• Automotive rental collision coverage: As much as $35,000
• Missed connection: As much as $500
• Accidental death and dismemberment: As much as $10,000

ExactCare Extra

The ExactCare Extra plan is probably the most comprehensive standard plan offered by Berkshire Hathaway Travel Protection.It provides coverage for:

• Trip cancellation: As much as 100% of the fee of the trip
• Trip interruption: As much as 150% of the fee of the trip
• Medical expenses: As much as $50,000
• Emergency evacuation and repatriation of stays: As much as $500,000
• Lost baggage: As much as $500
• Trip delay: As much as $1,000
• Tarmac delay: As much as $1,000
• Flight departure delay: As much as $50
• Baggage delay: As much as $200
• Automotive rental collision coverage: As much as $35,000
• Missed connection: As much as $100
• Accidental death and dismemberment: As much as $10,000

Road Trip travel insurance

Berkshire’s roadtrip-specific plan is named ExactCare Lite. This coverage is barely offered for trips that enterprise greater than 100 miles from the policyholder’s primary residence, and is designed to assist cover costs related to trip cancellations, medical emergencies and travel interruptions. It provides coverage for:

• Trip cancellation: As much as $500
• Trip interruption: As much as $750
• Medical expense: As much as $10,000
• Emergency evacuation and repatriation of stays: As much as $100,000
• Accidental death and dismemberment: As much as $10,000

Adventure travel insurance

The corporate’s AdrenalineCare plan is tailored for travel itineraries that include activities like skiing, scuba diving and expedition trips. It provides coverage for: :

• Trip cancellation: As much as 100% of the fee of the trip
• Trip interruption: As much as 150% of the fee of the trip
• Medical expenses: As much as $50,000
• Emergency evacuation and repatriation of stays: As much as $750,000
• Lost baggage: As much as $1,500
• Trip delay: As much as $1,000
• Baggage delay: As much as $200
• Sporting equipment delay: $500
• Automotive rental collision coverage (optional): As much as $35,000

Luxury travel insurance

That is probably the most comprehensive travel insurance offered by Berkshire Hathaway. The plan includes the very best limits out of any of the corporate’s core plans and an choice to purchase a “cancel for any reason” upgrade. It provides coverage for:

• Trip cancellation: As much as 100% of the fee of the trip
• Trip interruption: As much as 150% of the fee of the trip
• Missed connection: As much as $500
• Medical expense: As much as $100,000
• Emergency evacuation and repatriation of stays: As much as $1,000,000
• Accidental death and dismemberment: As much as $25,000
• Lost baggage: As much as $2,500
• Trip delay: As much as $2,000
• Baggage delay: As much as $500
• Automotive rental collision coverage (optional): As much as $35,000
• Cancel for any reason coverage (optional): As much as 50% of insured trip costs

Flight travel insurance

Referred to as AirCare, this flight-only policy provides coverage for a wide range of flight-related inconveniences. It provides coverage for:

• Flight cancellation: $150 (fixed)
• Flight departure delay: $50 (fixed)
• Tarmac delay: $1,000 (fixed)
• Missed connection: $100 (fixed)
• Flight diversion: $150 (fixed)
• Lost baggage: $500 (fixed)
• Baggage delay: $200 (fixed)
• Late night delay: $100 (fixed)

Cruise travel insurance

WaveCare is Berkshire Hathaway’s cruise-focused policy. It provides coverage for:

• Trip cancellation: As much as 100% of the fee of the trip
• Trip interruption: As much as 150% of the fee of the trip
• Trip delay: As much as $1,000
• Missed connection: As much as $500
• Cruise disablement: $500 (fixed)
• Cruise diversion: $500 (fixed)
• River cruise diversion: $500 (fixed)
• Medical expense: As much as $75,000
• Emergency evacuation and repatriation of stays: As much as $750,000
• Lost baggage: As much as $1,500
• Baggage delay: As much as $200
• Accidental death and dismemberment: As much as $10,000
• Automotive rental collision coverage (optional): As much as $35,000

Berkshire Hathaway travel insurance pricing

Many aspects go into determining the fee of travel insurance, including the destination, the fee of the trip, the ages of covered travelers and other variables. Berkshire Hathaway Travel Protection says policyholders who’re traveling internationally can expect to pay between 5% to 7% of their total trip cost for coverage under considered one of their plans.

Berkshire Hathaway travel insurance financial stability

Berkshire Hathaway Travel Protection has an AM Best Financial Strength Rating (FSR) of A++, a number one independent rating agency that makes a speciality of evaluating the financial strength of insurance firms. An A++ rating is the very best rating available.

Berkshire Hathaway travel insurance accessibility

Availability

Berkshire Hathaway’s travel insurance covers most kinds of domestic and international trips, including cruises. Some country-specific exclusions may apply (like those on the U.S. State Department’s Do Not Travel Advisory List).

Contact information

Berkshire Hathaway Travel Protection has a 24-Hour Customer Service Center. That features toll-free numbers for:

• 24/7 travel and medical assistance: 844-411-2487

• General questions: via phone at 844-411-2487, Monday through Friday 7 a.m. – 7 p.m. (assist@bhtp.com).

• Claims questions: via phone at 855-487-1745 Monday through Friday 7 a.m. – 7 p.m. (travel.claims@bhspecialty.com).

User experience

Berkshire’s travel division has a user-friendly website that enables travelers to buy, manage and access their travel insurance coverage quickly and simply. The location also has a number of educational resources for travelers, like how one can plan a visit for the primary time.

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Berkshire Hathaway travel insurance customer satisfaction

Berkshire Hathaway Travel Insurance has mostly positive reviews from customers, who praise the corporate’s reasonable prices, helpful customer support and painless claims process. There are a couple of bad reviews, but most involve stoppages and lockdowns brought on by COVID-19.The corporate is accredited by the Higher Business Bureau (BBB), holds an A+ rating from the organization.

How we evaluated Berkshire Hathaway travel insurance

When deciding if a provider’s travel insurance is value it, we use the next criteria:

• Pricing
• Financial stability
• Customer support
• Coverage and advantages
• Claims handling process
• Review rankings

Summary of Money’s Berkshire Hathaway travel insurance review

Backed by the financial strength of Warren Buffett’s Berkshire Hathaway, Inc., Berkshire Hathaway Travel Protection offers a wide range of comprehensive travel insurance coverage at competitive rates. While its low medical coverage limits and 50% cancel for any reason policy may turn off some people, its fast claims process and long list of options make it a fantastic alternative for many travelers.