Jane Dotson
WestGUARD Insurance Company, founded in 2003, is a holding company for subsidiaries such as AmGUARD Insurance Company and NorGUARD Insurance Company, which operate under the trade name Berkshire Hathaway GUARD Insurance Companies. WestGUARD Insurance Company offers a range of insurance services, including auto, workers' compensation, umbrella, and liability insurance. With its principal place of business in Wilkes-Barre, PA, WestGUARD Insurance Company is licensed to transact business in a majority of US states and the District of Columbia.
| Characteristics | Values |
|---|---|
| Founded | 2003 |
| Holding Company for | AmGUARD Insurance Company®, AZGUARD® Insurance Company, EastGUARD Insurance Company®, and NorGUARD Insurance Company® |
| Owner | National Indemnity Company, a subsidiary of Berkshire Hathaway Inc. |
| Place of Business | 39 Public Square, Wilkes-Barre, PA 18703 |
| Licensed to transact business in | The District of Columbia, AL, AZ, AR, CO, DE, GA, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NV, NH, NM, NY, NC, ND, OH, OK, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI and WY |
| Number of Employees | 148 |
| Sales | $29.54 million (estimated) |
| Type of Insurance Offered | Auto, workers' compensation, umbrella, and liabilities |
Explore related products
What You'll Learn
WestGUARD Insurance Company is a holding company
WestGUARD Insurance Company operates under the trade name "Berkshire Hathaway GUARD Insurance Companies", along with its subsidiaries AmGUARD Insurance Company®, AZGUARD® Insurance Company, EastGUARD Insurance Company®, and NorGUARD Insurance Company®. WestGUARD is also the 100% owner of GUARDCo®, Inc., a licensed medical management company.
As a holding company, WestGUARD Insurance Company provides a range of insurance services, including auto insurance, workers' compensation, umbrella insurance, and liability insurance. They cater to a diverse range of clients, including artisan contractors, and offer protection for employees, property, and financial interests.
The company's principal place of business is located at 39 Public Square, Wilkes-Barre, PA. WestGUARD is part of a larger corporate family, with 7,688 companies under its umbrella. This extensive network allows WestGUARD to provide comprehensive insurance solutions to its clients.
WestGUARD Insurance Company, through its subsidiaries and ownership structure, demonstrates a strong presence in the insurance industry. As a holding company, it plays a crucial role in managing and coordinating the operations of its subsidiary companies, ensuring they function cohesively to provide a diverse range of insurance services to their clients.
Understanding Private Insurance: Who and What is Covered
You may want to see also
Explore related products
It offers auto insurance
WestGUARD Insurance Company, founded in 2003, is a subsidiary of National Indemnity Company, a provider of specialized insurance and reinsurance services. WestGUARD Insurance Company operates as an insurance company and offers a range of insurance services, including auto insurance.
WestGUARD Insurance Company is a part of the "GUARD Network," which became the "GUARD Insurance Group" in the early 2000s. This group was later purchased by National Indemnity Company, a subsidiary of Berkshire Hathaway Inc., in 2012, and was rebranded as Berkshire Hathaway GUARD Insurance Companies in 2013.
As an insurance provider, WestGUARD Insurance Company offers a range of insurance products to meet the diverse needs of its customers. One of its key offerings is auto insurance. Auto insurance, also known as car insurance or vehicle insurance, is a type of insurance that helps protect individuals financially in the event of incidents involving their vehicles. It provides coverage for damages, injuries, and liabilities that may arise from owning and operating an automobile.
WestGUARD's auto insurance policies typically offer comprehensive coverage, including collision and liability protection. Collision coverage helps pay for repairs or replacement of the insured's car if it is damaged or totaled in an accident, regardless of who is at fault. Liability coverage, on the other hand, helps protect the insured driver if they are held responsible for an accident. It covers the cost of damages to the other driver's vehicle and any medical expenses they may incur.
Additionally, WestGUARD's auto insurance may also offer optional add-ons, such as rental car reimbursement coverage, which helps cover the cost of a rental car while the insured's vehicle is being repaired, and roadside assistance coverage, which provides services like towing, fuel delivery, and jump-starting a battery in case of emergencies. WestGUARD's auto insurance policies are designed to provide peace of mind and financial protection to its customers, ensuring they are covered in case of unexpected events involving their vehicles.
Understanding Insurance Marketplace: What You Need to Know
You may want to see also
Explore related products
It offers workers' compensation insurance
WestGUARD Insurance Company, founded in 2003, is a subsidiary of Berkshire Hathaway GUARD Insurance Companies. It offers a range of insurance services, including workers' compensation insurance.
Workers' compensation insurance is a type of insurance that provides benefits to employees who are injured or become ill due to work-related activities. This type of insurance covers medical expenses, lost wages, and rehabilitation costs for injured workers. It also protects employers from potential lawsuits arising from workplace injuries.
WestGUARD's workers' compensation insurance is designed to safeguard employees and provide them with financial support in the event of a work-related injury or illness. This includes coverage for medical treatments, hospital stays, prescription medications, and any necessary rehabilitation services. For example, if an employee suffers a back injury while lifting a heavy object at work, they can receive compensation for their medical treatment and any time taken off work during their recovery.
Additionally, WestGUARD's workers' compensation insurance can help employees who develop occupational diseases or illnesses caused by exposure to hazardous substances or work conditions. This insurance can cover the costs of medical treatments and lost wages for employees suffering from work-related health issues, such as respiratory problems, hearing loss, or repetitive strain injuries.
WestGUARD's workers' compensation insurance also offers death benefits to the dependents of employees who lose their lives due to work-related incidents or illnesses. This includes financial support and benefits to help the dependents cope with the loss of income and manage any resulting financial challenges.
Self-Funded Insurance: Private Insurance Alternative?
You may want to see also
Explore related products
It offers umbrella insurance
WestGUARD Insurance Company is a holding company for subsidiaries including AmGUARD Insurance Company, AZGUARD Insurance Company, EastGUARD Insurance Company, and NorGUARD Insurance Company. These subsidiaries operate under the trade name "Berkshire Hathaway GUARD Insurance Companies". WestGUARD Insurance Company is also the 100% owner of GUARDCo, a licensed and accredited medical management company.
WestGUARD Insurance Company was founded in 2003 and is domiciled in Nebraska. It is licensed to operate in all U.S. states and the District of Columbia. The company offers a range of insurance services, including auto, workers' compensation, and liabilities insurance.
One of the key offerings of WestGUARD Insurance Company is umbrella insurance. Umbrella insurance is a type of policy that provides additional coverage beyond what is included in standard insurance policies. It acts as an extra layer of protection, "umbrella"-style, on top of existing policies, and is designed to provide financial protection against large or unexpected claims or lawsuits.
Umbrella insurance can be particularly useful for individuals or businesses with significant assets or a high net worth. It can provide coverage for claims that exceed the limits of their underlying insurance policies, such as auto or homeowners insurance. For example, if a person has auto insurance with a liability limit of $500,000 and is sued for $1,000,000 after causing a car accident, their umbrella insurance policy could cover the additional $500,000.
Umbrella insurance can also provide coverage for claims that may not be included in standard insurance policies. This includes protection against libel, slander, or malpractice claims, as well as coverage for legal defence costs. For businesses, umbrella insurance can provide additional coverage for commercial liabilities, such as customer injuries or property damage. It can also help protect against claims related to advertising injuries, such as copyright infringement or libel in advertising materials.
WestGUARD Insurance Company's umbrella insurance offering is designed to provide its customers with peace of mind and comprehensive protection. By having umbrella insurance, individuals and businesses can rest assured that they have additional financial security should they face substantial or unexpected claims. This type of insurance can help ensure that their assets and future income are protected, providing an extra layer of defence against potential financial losses.
AvMed Insurance: What You Need to Know
You may want to see also
Explore related products
It offers liabilities insurance
WestGUARD Insurance Company, founded in 2003, is a subsidiary of National Indemnity Company, which is wholly owned by Berkshire Hathaway Inc. WestGUARD is a holding company for subsidiaries AmGUARD Insurance Company, AZGUARD Insurance Company, EastGUARD Insurance Company, and NorGUARD Insurance Company, which operate under the trade name "Berkshire Hathaway GUARD Insurance Companies".
WestGUARD Insurance Company offers liabilities insurance, among other services. Liabilities insurance is a type of insurance that protects the policyholder from the risks associated with potential liability claims. This type of insurance is particularly important for businesses, as it can provide financial protection in the event of a lawsuit or other legal claim.
WestGUARD's liabilities insurance likely covers a range of potential risks, including but not limited to:
- Property damage: This could include damage to the policyholder's property or to someone else's property, such as a neighbouring building or vehicle.
- Bodily injury: If someone is injured on the policyholder's property or as a result of the policyholder's actions, this type of insurance can provide coverage for medical expenses and legal fees.
- Product liability: If the policyholder sells or manufactures products, this insurance can protect them from financial loss if a product causes harm to a customer.
- Professional liability: This type of insurance covers professionals such as doctors, lawyers, and contractors if they are sued for negligence or malpractice.
By offering liabilities insurance, WestGUARD Insurance Company helps its customers manage risks and protect their financial interests. This type of insurance is particularly relevant for businesses, as it can provide peace of mind and financial security in the event of unforeseen circumstances.
Pacificare Insurance: Understanding the Unique Healthcare Option
You may want to see also
Frequently asked questions
Westguard Insurance, or WestGUARD Insurance Company, is an insurance holding company that operates under the trade name Berkshire Hathaway GUARD Insurance Companies.
Westguard Insurance was founded in 2003.
Westguard Insurance offers auto, workers' compensation, umbrella, and liabilities insurance services. They also offer insurance for artisan contractors, including employee and property protection, as well as financial preparedness against potential liability issues.
Westguard Insurance is located in Wilkes-Barre, Pennsylvania, United States.
