September 19, 2019
Guard Insurance
Guard Insurance, a Berkshire Hathaway Company, is a California Admitted company providing commercial and personal insurance. Using the official name AmGuard this insurer retains an AM Best A+ Financial Strength rating reaffirmed as recently as March of 2019.
Nationally, according to the Guard website they provide the following lines of Insurance: Business Owners Policies, Commercial Automobile, Commercial Umbrella, Disability, Homeowners, Personal Umbrella, Professional Liability, and Workers Comp. As with all insurers exact lines of coverage will vary by state.
For Consumers of the San Francisco Bay Area, (including Marin) Guard has a terrific home and umbrella policy. Select Guard Homeowner’s clients may enjoy enhanced coverages through their “Personal Property Plus Endorsement Package” and their “Extended and Increased limits” on their policy forms. Guard sometimes will write either owner occupied or landlord policies. As with all home insurers Guard has their specific underwriting criteria, so speak with an agent to be considered.
For select Umbrella clients, Guard can be a terrific option to assist in topping off that homeowners policy. Guard can have “competitive pricing.” Personal Umbrella Insurance is a form of excess personal liability protection that would sit over and above autos, homes, and other personal lines of insurance.
About Guard / AmGuard Insurance:
According to Wikipedia, Guard Insurance was formed in July of 1982 by Judd and Susan Shoval, in Pennsylvania, among other investors. They grew organically for several years and then went on to purchase the Mutual Fire Insurance Company of Saco Maine in 1995. This entire company was purchased in 2007 by Clal Insurance. Finally in 2012 the firm was sold to National Indemnity Corporation, which itself is owned by Warren Buffet’s Berkshire Hathaway.
Berkshire Hathaway is a Holding Company of numerous American and International Businesses. According to Investopedia, ” Berkshire Hathaway is headquartered in Omaha, Nebraska and was originally a company comprised of a group of textile milling plants.” The company controls numerous financial and non financial non related companies. Many of these include insurance companies such as USLI and Geico Insurance.
Guard Ratings:
The Better Business Bureau rates Guard Insurance as an “A+.” That is the highest rating that the BBB issues.
AM Best rates Guard Insurance (AmGuard) as an A+. They have had this rating originally since 1995. This is AM Best’s second highest rating and considered Excellent.
Why Consumers in California Should Consider Guard Insurance:
If you are shopping for solid and affordable home insurance in California I would not stop shopping until you considered Guard Insurance. In contrast to many agencies, Marindependent does not shop solely based on price but rather a combination of value and coverage. We aim to get you the best coverage for your money. Often Guard is one of the best homeowner options that many consumers may be able to find, especially in Southern Marin County.
More Specifics about the Guard Insurance Homeowners Policy:
Guard is one of the few insurers to still be considering policies in much of California. In certain situations they will consider providing limited coverage (via endorsements) for Mold and Water Back Up – Sewer Coverage. They have a good set of options for Building Ordinance Law and Extended Rebuild as well. Guard certainly has a lot to offer.
For More Information About Guard:
For more information on Guard Insurance, please feel free to contact us to schedule and appointment. Guard Home and Umbrella Insurance may be in your future. Thanks for reading our post about this solid insurer.
