Berkshire Hathaway GUARD Insurance Cos. announced it will no longer write certain classes of homeowners’ risks.
In a notice sent to GUARD agencies at the end of June, the carrier stated it would no longer accept new submissions for homeowners coverage for any property that is either:
- a dwelling with more than two families, or
- has an ISO Public Protection Classification of 8, 9, 10, X or Y.
This change applies to all states. However, renewal business in not impacted.
PIA members are encouraged to contact the PIA Industry Resource Center—(800) 424-4244 or email@example.com with any questions, and they are reminded that PIA’s on-staff attorneys are available to review any carrier announcements/contracts they may receive.