Berkshire Hathaway Specialty Insurance vs 
Lockton Cargo and Transit Insurance
Lockton’s cargo and logistics team describes a broker placement spanning cargo in transit, motor-truck cargo, warehouse legal liability, stock throughput, perishables, and war or strike risks. BHSI’s catalog lists Ocean Cargo, Stock Throughputs and Project Cargo, with a separate Inland Marine category. Lockton publishes a broad placement menu and starts with an inquiry; BHSI identifies named carrier products and target accounts. Neither supplied comparison evidence establishes a specific buyer’s policy terms. 10,5
What Is Berkshire Hathaway Specialty Insurance?
BHSI provides commercial and specialty insurance in the U.S., with product-specific industry lists that include healthcare, energy and technology. Online quote and application submissions are nonbinding. 1,2,3,4
Read the Berkshire Hathaway Specialty Insurance profile
Read the Berkshire Hathaway Specialty Insurance Cargo and Transit Insurance page
What Is Lockton?
Lockton suits technology companies and larger businesses seeking a broker across cyber, D&O, property, liability and benefits; small firms wanting an instant standard quote should compare digital agencies. 7,8,9
What Is Cargo and Transit Insurance?
Cargo coverage fits a shipper protecting goods it owns or a carrier responsible for another party’s goods. The quote needs to match who bears the loss, the shipment route and storage stops. 12,13,14,15
Key Differences in Cargo and Transit Insurance
Placement Menu and Product Structure
Lockton lists cargo in transit, motor-truck cargo, warehouseman’s legal liability, stock throughput, deterioration of perishables, and war, strikes and terrorism risks among coverage areas it can help place. BHSI’s current catalog lists Ocean Cargo, Stock Throughputs and Project Cargo under Ocean Marine, while keeping Inland Marine separate. Lockton’s list describes placement capability, not specimen policy wording; BHSI’s catalog likewise does not promise that every product fits every risk. 10 5
Broker Inquiry and Target Accounts
Lockton says its Cargo & Logistics team brokers coverage and routes public engagement through a contact form, rather than a self-serve quote or bind path. Its reviewed pages do not name the insurers used for a particular placement. BHSI names target marine customers including importers/exporters, freight and logistics operators, and manufacturers. 10 11 5
Insurer, Capacity and Policy Terms
Lockton’s pages do not provide cargo limits or identify a specific carrier for this placement. BHSI’s older overview gives risk-dependent marketing capacity, not the limit a buyer would receive, and its project-cargo appetite wording conflicts with the current catalog. Compare the named carrier, forms, limits, retentions, valuation, territory and commodity acceptance in written quotes. 10 11 6 5
What to Confirm in Cargo and Transit Insurance Quotes
- Which Lockton placement options apply to your operation: transit, motor-truck cargo, warehouse liability, stock throughput or another marine coverage?
- Which carrier will issue the policy, and what commodities, transit stages, per-shipment limits, deductibles and exclusions apply?
- For BHSI project cargo, what is the current underwriting position and policy scope?
Review Scores
These averages can combine ratings for different products, locations, and customer groups, including approximate BBB grade conversions. Read each review for the sources, scope, and calculation.
Berkshire Hathaway Specialty Insurance
Review Score
Berkshire Hathaway Specialty Insurance has low ratings in small Trustpilot and BBB samples. The reviews mix products and accounts, so they do not establish how it handles commercial claims.[5][7]
Read Berkshire Hathaway Specialty Insurance reviewsLockton
Review Score
3 rated sources
Lockton’s reviews vary by office and entity. Local Google-derived ratings provide some service feedback, but no reliable firmwide verdict.[2][6][7][8]
Read Lockton reviewsOffering Details
Berkshire Hathaway Specialty Insurance vs Lockton Cargo and Transit Insurance: documented features by provider
| Criteria | BHSI’s current Ocean Marine catalog lists Ocean Cargo, Stock Throughputs and Project Cargo, separately from Inland Marine; the detailed cargo appetite evidence is an older, date-limited guide. | Lockton Cargo & Logistics Insurance Brokerage |
|---|---|---|
| Role in This Line | Not described in the reviewed sources. | Lockton's Cargo & Logistics team places marine and cargo coverage for companies that ship goods; it sits alongside auto, general/product liability, umbrella and workers' compensation under Lockton's broader Casualty Insurance Solutions. Lockton is the broker arranging this coverage, not the insurer. 10,11Company-reported. Cargo & Logistics and Casualty product pages, U.S. site, as read 2026-09-23. |
| Issuing Insurer | Not described in the reviewed sources. | Neither page names the marine or cargo insurers Lockton places coverage with. The carrier depends on the specific placement. 10,11Not publicly disclosed. Cargo & Logistics and Casualty pages checked 2026-09-23. |
| Who It’s For | The marine catalog names importers/exporters, freight/logistics operators and manufacturers among its target customers. 5Company-reported. BHSI U.S. Ocean Marine target-account list only; not Inland Marine eligibility. Material limitation: Target customer examples do not define every acceptable cargo or shipment. The Ocean Marine Cargo guide describes target risks including manufacturers/distributors of finished goods, machinery and equipment, food and beverage, bulk liquids, containerized goods, and stock with balanced exposure; it lists pharmaceuticals, project cargo, autos, DOL, and livestock as out of appetite. 6Company-reported. BHSI Ocean Marine Cargo/STP appetite in U.S. marketing material marked US-12/22-A. Material limitation: This is historical appetite guidance, not a policy exclusion list or current acceptance commitment. The current BHSI Marine catalog separately lists Project Cargo as an Ocean Marine product while this 2022 guide lists it out of appetite; current product-specific meaning and appetite must be reconciled with underwriting. It does not establish Inland Marine eligibility. | Not described in the reviewed sources. |
| Coverage Features | BHSI's marine program lists ocean cargo, project cargo and stock-throughput coverage. 5Company-reported. BHSI U.S. Ocean Marine catalog; not inland transit or proof of the policy territory. Material limitation: Policy territory and transit definitions must be checked; catalog does not itself establish global scope. BHSI’s marine catalog distinguishes ocean marine and inland marine, and separately lists stock-throughput as an option. 5Company-reported. US BHSI catalog. Material limitation: Confirm how Spot's shared cargo-transit key maps to these distinctions before coding coverage. BHSI’s Ocean Marine Cargo overview lists stock throughput, ocean/international transit, domestic transit, excess stock, logistics, and contingent cargo coverage as coverage types available. 6Company-reported. BHSI U.S. Ocean Marine Cargo marketing overview marked US-12/22-A; the current marine catalog independently lists Ocean Cargo and Stock Throughputs under Ocean Marine. Material limitation: Not all types are necessarily combined or available for every insured. Domestic transit wording is not a basis to merge this line with the separately listed Inland Marine catalog. Verify current forms, exclusions, territory and issuer. | Lockton lists cargo and marine coverage areas it can help place, including cargo in transit, motor truck cargo, warehouseman's legal liability, stock throughput, deterioration of perishable goods, and war, strikes and terrorism risk. This is a capability list, not a specimen policy; actual terms depend on the placing insurer. 10Company-reported. Cargo & Logistics product page as read 2026-09-23. Not a summary of any one policy form. |
| Limits and Retentions | The BHSI Ocean Marine Cargo guide states up to $25 million maximum line, subject to risk profile, a $15,000 minimum premium, worldwide coverage, and primary or excess positions. 6Company-reported. U.S. Ocean Marine Cargo/STP marketing guide marked US-12/22-A; $25 million capacity expressly depends on risk profile. Material limitation: The document is dated 2022-12 and says multinational policy ability would follow in 2025; do not treat its worldwide wording or current availability as confirmed. Capacity is not an insured limit, and minimum premium is not a quote. Reconfirm current appetite and issuer. | Not described in the reviewed sources. |
| How to Apply | Not described in the reviewed sources. | Public engagement starts as an inquiry: the Cargo & Logistics page routes buyers to a contact form rather than a self-serve quote or bind flow. 10Company-reported. Cargo & Logistics page as read 2026-09-23. No online quote tool was found for this line. |
Full Comparison
Other Cargo and Transit Insurance Comparisons
Sources
Berkshire Hathaway Specialty Insurance
- At A Glance. Berkshire Hathaway Specialty Insurance; United States section, zero-based PDF pages 49–53 (viewer pages 50–54): product/industry lists on pages 49–50; U.S. disclosure/version footer on page 53 is 2026-8-03 A. The 2026-09-14 A footer is on preceding European page 48, not the U.S. section. Accessed 2026-09-29.
- About Us. Berkshire Hathaway Specialty Insurance; About BHSI; company profile page re-opened through official site on 2026-09-28; company says it is part of National Indemnity group. Accessed 2026-09-28.
- Terms of Service. Berkshire Hathaway Specialty Insurance; Important Information Concerning Use of this Web Site, paragraphs 2–4; nonbinding submissions, contracted-agent authority, state variation, product availability and policy-specific terms. Accessed 2026-09-28.
- Public Disclosure — Berkshire Hathaway Specialty Insurance Singapore Branch. Berkshire Hathaway Specialty Insurance; Singapore branch public disclosure, Company Profile ¶¶ 1–2; direct page opened 2026-09-28. ¶ 1 identifies BHSIC as a Nebraska-domiciled direct P&C insurer; ¶ 2 states BHSIC is wholly owned by National Indemnity Company, itself wholly owned by Berkshire Hathaway Incorporated. Accessed 2026-09-28.
- Marine. Berkshire Hathaway Specialty Insurance; Inland and ocean marine product list, covered property classes and target businesses; lines 18-69. Accessed 2026-09-28.
- Ocean Marine Cargo Overview. Berkshire Hathaway Specialty Insurance; Two-page U.S. marketing PDF marked US-12/22-A; product types lines 14-20; ocean marine cargo appetite, capacity and placement lines 43-57; out-of-appetite and target risk characteristics lines 58-72; terms disclaimer lines 103-114. Accessed 2026-09-28.
Lockton
- Lockton United States. Lockton; Opening description of independent insurance brokerage for risk, benefits and retirement; Ask an Expert link to contact-us. Accessed 2026-09-16.
- Technology. Lockton; Industry introduction; cyber liability heading; dedicated technology team; listed services including claims advocacy, contract review, directors and officers liability, and international program design; 24/7 service model. Accessed 2026-09-16.
- US Terms of Business. Lockton; Opening entity definition; Surplus Lines; Use of a Particular Insurer; Compensation Disclosure; servicing, claims handling and renewal language in Confidentiality section; Intermediaries. Accessed 2026-09-16.
- Cargo & Logistics. Lockton; Risk management challenges intro; Wide array of experience: list of marine and cargo coverage areas (guaranteed outturn, bailees liability, motor truck cargo, carrier's legal liability, stock throughput, war and strikes risk, and more). Accessed 2026-09-23.
- Casualty Insurance. Lockton; Casualty Insurance Solutions list: Auto, Cargo, General & Product Liability, Umbrella & Excess Liability, Workers' Compensation; dedicated service team paragraph. Accessed 2026-09-23.
Cargo and Transit Insurance Guide
- Commercial Insurance Guide. California Department of Insurance; Commercial Property; Inland Marine; What Should I Expect from a Broker-Agent. Accessed 2026-09-16.
- Shipping Options. International Trade Administration, U.S. Department of Commerce; Export Shipping Basics; Tips on International Shipping from U.S.; Working with Freight Forwarders. Accessed 2026-09-16.
- Special Documents. International Trade Administration, U.S. Department of Commerce; Insurance Certificate bullet. Accessed 2026-09-16.
- Motor Truck Cargo Legal Liability Coverage. American Association of Insurance Services, Inc.; hosted by National Unity; Coverage and Property Covered pp.1–2; Perils Excluded pp.6–7; Valuation p.8; How Much We Pay p.9; Transit definition p.13. Accessed 2026-09-16.
