SkiftStudio: Berkshire Hathaway Enters Travel Insurance Market With Disruption In Mind
Skift Take
Travelers can probably get bits and pieces of Berkshire Hathaway Travel Protection's flight delay and missed-connection coverage elsewhere, but the array of coverage for these flight hassles is unique in North America. However, don't be surprised if the $25 per domestic trip rate gets increased after awhile.
Warren Buffett's Berkshire Hathaway has entered the travel insurance business with coverage that compensates travelers for flight delays; excessive waits on the tarmac; lost, stolen or delayed luggage, and missed connections.
All at a rate of $25 per trip for U.S. domestic flights.
With some limitations, even if inclement weather leads to flight disruptions, Berkshire Hathaway Travel Protection's new AirCare plan pledges to compensate travelers $1,000 for tarmac delays greater than two hours, $1,000 for lost or stolen luggage, $500 for mixed connections due to a fl
