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Berkshire Hathaway Specialty offers consolidated coverage for contractors

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Berkshire Hathaway Specialty offers consolidated coverage for contractors

Berkshire Hathaway Specialty Insurance, a unit of Berkshire Hathaway Inc., on Wednesday introduced a consolidated insurance endorsement for contractors.

The product combines primary general liability coverage enhancements into a single solution designed for construction wrap-ups and project-specific programs, the Boston-based insurer said in a statement.

The new endorsement can be structured for a single project or a rolling wrap-up project and allows for a clear description of the covered project, according to the statement. Flexible limits are available, and per-project limits can be provided for completed operations.

“Our consolidated insurance endorsement makes it easy for contractors and project owners to secure general liability and completed operations coverage tailored to their needs and to the current industry environment,” Bill Sullivan, vice president for construction at BHSI, said in the statement. “Our clear, cohesive form facilitates consistent coverage and limits across projects and subcontractors.”