June 24, 2024

Berkshire Hathaway Travel Protection offers a lineup of eight different travel insurance plans that suit a variety of needs (and budgets). It’s also got a stellar reputation among travelers, who praise the company’s quick and easy claims process.

One of the factors to consider when searching for the best travel insurance is how quickly you’ll be able to get the money you’re owed if you 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 many cases, claims for flight-related inconveniences can be filed online with just a few pieces of information.

Pros explained

Fast claims processing

Berkshire Hathaway’s lightning-fast claims processing is what draws in the bulk of its customers. For many claims, the process takes just a few mouse clicks.

 

Wide variety of plans

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

 

Offers baggage loss coverage of up to $2,500

Berkshire’s LuxuryCare plan, a baggage loss add-on, offers a higher level of coverage compared to 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 relatively low compared to other providers.

 

Limited coverage with basic plan

The company’s most basic plan, ExactCare Value, doesn’t offer coverage for accidental death and dismemberment or missed flight connections. This could be an issue for travelers seeking 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 limited to a maximum of 50% reimbursement for insured trip costs. Many other insurers cover up to 75%.

 

Berkshire Hathaway travel insurance plans

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 these policies come with access to 24/7 travel and medical assistance and a pre-existing medical conditions exclusion waiver.

ExactCare Value

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

 

Trip cancellation: Up to 100% of the cost of the trip

Trip interruption: Up to 100% of the cost of the trip

Medical expenses: Up to $15,000

Emergency evacuation and repatriation of remains: Up to $150,000

Lost baggage: Up to $750

Trip delay: Up to $500

Baggage delay: Up to $200

Car rental collision coverage (optional): Up to $35,000

ExactCare

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

 

Trip cancellation: Up to 100% of the cost of the trip

Trip interruption: Up to 150% of the cost of the trip

Medical expenses: Up to $25,000

Emergency evacuation and repatriation of remains: Up to $500,000

Lost baggage: Up to $100

Trip delay: Up to $1,000

Baggage delay: Up to $200

Car rental collision coverage: Up to $35,000

Missed connection: Up to $500

Accidental death and dismemberment: Up to $10,000

ExactCare Extra

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

 

Trip cancellation: Up to 100% of the cost of the trip

Trip interruption: Up to 150% of the cost of the trip

Medical expenses: Up to $50,000

Emergency evacuation and repatriation of remains: Up to $500,000

Lost baggage: Up to $500

Trip delay: Up to $1,000

Tarmac delay: Up to $1,000

Flight departure delay: Up to $50

Baggage delay: Up to $200

Car rental collision coverage: Up to $35,000

Missed connection: Up to $100

Accidental death and dismemberment: Up to $10,000

Road Trip travel insurance

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

 

Trip cancellation: Up to $500

Trip interruption: Up to $750

Medical expense: Up to $10,000

Emergency evacuation and repatriation of remains: Up to $100,000

Accidental death and dismemberment: Up to $10,000

Adventure travel insurance

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

 

Trip cancellation: Up to 100% of the cost of the trip

Trip interruption: Up to 150% of the cost of the trip

Medical expenses: Up to $50,000

Emergency evacuation and repatriation of remains: Up to $750,000

Lost baggage: Up to $1,500

Trip delay: Up to $1,000

Baggage delay: Up to $200

Sporting equipment delay: $500

Car rental collision coverage (optional): Up to $35,000

Luxury travel insurance

This is the most comprehensive travel insurance offered by Berkshire Hathaway. The plan includes the highest limits out of any of the company’s core plans and an option to purchase a “cancel for any reason” upgrade. It provides coverage for:

 

Trip cancellation: Up to 100% of the cost of the trip

Trip interruption: Up to 150% of the cost of the trip

Missed connection: Up to $500

Medical expense: Up to $100,000

Emergency evacuation and repatriation of remains: Up to $1,000,000

Accidental death and dismemberment: Up to $25,000

Lost baggage: Up to $2,500

Trip delay: Up to $2,000

Baggage delay: Up to $500

Car rental collision coverage (optional): Up to $35,000

Cancel for any reason coverage (optional): Up to 50% of insured trip costs

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