Beazley vs THREE by Berkshire Hathaway: How Do They Compare for Commercial Property Insurance?

Beazley underwrites this commercial property line itself, on an excess and surplus lines basis, rather than describing it as a brokered or program-administered product. ⁵Company-reported. North American Commercial Property product page; 'Who we can help' and 'How can we help' sections.

THREE presents Property as a component of its combined Business Owners Policy rather than identifying it as a separate standalone policy on the reviewed product page. ⁸Company-reported. Company-described U.S. package structure. The page does not establish underwriting terms or that every listed category will be included for every applicant.

The product page does not name the specific Beazley entity that issues this commercial property coverage. The insurer named on an actual quote or policy controls. ⁵Not publicly disclosed. Product page as read on 2026-09-23; no issuing-entity disclosure found there.

The linked sample policy's declarations identify Berkshire Hathaway Direct Insurance Company as issuer. ⁷Company-reported. This is the issuer named on the public sample only; the sample does not establish the issuing entity for every state-specific quote or buyer's issued policy.

Beazley targets mid-sized and large commercial accounts domiciled in the US and Canada, citing example industries such as commercial real estate, retail, hospitality, healthcare, manufacturing and warehousing/distribution. ⁵Company-reported. Who we can help and Where is this offered sections; smaller accounts and other geographies are not addressed.

The reviewed product page does not state separate eligibility rules for Property; the general quote and advisor route is not proof that a particular business qualifies for it. ^8,6Not publicly disclosed. Eligibility and state availability remain unestablished for an individual risk until THREE returns its quote and applicable forms.

Coverage highlights listed are All Risk Property, Named Selected Peril for named storm, flood and earthquake, parametric coverage available for named storm and earthquake, and standalone coverage for political violence, terrorism and deadly weapons protection. ⁵Company-reported. Coverage highlights bullet list; exclusions, sublimits and triggers are not detailed on this page.

THREE's Business Owners Policy page lists Property among its marketed coverage categories in the combined policy. This describes the product page, not whether the category appears in a particular quote or responds to a loss. ^8,7Company-reported. Official THREE package marketing for Property. The sample policy is state-selectable and does not establish that this item is included in every quote or issued policy.

Beazley says it can support manuscript and company coverage forms in shared, layered or quota-share program structures, with a stated preference for attaching as the primary layer, but does not publish specific limit, retention or capacity amounts. ⁵Company-reported. How can we help section; dollar figures are not disclosed and depend on the account.

The reviewed public product page does not state a separate limit or deductible for Property; THREE says the quote-specific insurance summary lists limits and deductibles. ^8,7Not publicly disclosed. No number is inferred from the sample policy. The quote and issued declarations control the buyer-specific limit and deductible.

Beazley describes an in-house engineering underwriting team for heavy-industry accounts, supporting underwriters who evaluate risk-management and safety investment. ⁵Company-reported. How can we help section; applies to underwriting support, not a distinct paid risk-services offering.

Confirm in your quote.

The reviewed page does not describe an online application or quote process; it lists regional underwriters and product leaders as the contact points for the line. ⁵Not found in reviewed sources. Product page as read on 2026-09-23; access is implied to run through a broker and named underwriters rather than a documented self-serve process.

THREE directs small-business prospects to an online quote and says licensed Small Business Advisors can help with the process. ⁶Company-reported. This is the route for the overall THREE product. It does not show whether Property will be offered for a particular business or whether a customer can bind that line without an issued policy.

Beazley describes a dedicated, award-winning claims team with experience across a range of industry sectors for this property line, without detailing claims-handling procedures or response-time commitments. ⁵Company-reported. How can we help section; outcome and timeliness statements are not independently verified.

Confirm in your quote.