Professional & Management Liability
Property & CasualtyAccident & HealthSurety BondsIndustry Solutions
Claims ServicesLoss Control Services

Catastrophe Center: Flood - Common Coverages



Common Personal Insurance Coverages Following a Flood

While some types of water-related losses are covered by Chubb’s Masterpiece Homeowner policies, the peril of flood is excluded.

You may, however, have coverage if you purchased a Chubb Personal Flood Insurance or Chubb Excess Flood Insurance policy.  In the event of a covered flood loss, we may pay the following (after the application of the deductible):

Replacement Cost for Damaged Property
In many cases, standard flood policies won’t cover the full cost to repair or rebuild the insured home after a flood. Chubb will pay to replace property and possessions (up to the limit on the policy) without deduction for depreciation, in the event of a covered loss.

Rebuilding to Code
Chubb includes an amount of coverage for costs to comply with any law or ordinance requiring that the covered property be repaired, rebuilt, elevated, flood-proofed or demolished after a covered flood loss. Chubb also covers any required upgrades like replacement of outdated electrical wiring or plumbing made necessary by a covered loss. Special limits apply.

Basement Property
“Real property” and contents located in your basement may be covered. Special limits apply.

Additional Living Expenses
Additional living expense coverage can pay for any reasonable increase in your normal living expenses including a temporary residence, meals and other expenses incurred if the home is uninhabitable after a covered flood loss.   Special limits apply.

Other Coverage
Coverage for debris removal, condominium or homeowner association loss assessments, and business property may also be included.

Property Not Covered
While Chubb’s flood policy provides some of the broadest flood coverage available, it does not cover some types of property, including the following:

  1. boat houses;
  2. exterior walks, walkways, decks, driveways, patios, and other surfaces, all whether protected by a roof or not;
  3. fences, retaining walls, seawalls, bulkheads, wharves, piers, bridges, and docks; and
  4. hot tubs and spas that are not bathroom fixtures, and swimming pools and their equipment, such as heaters, filters, pumps, and pipes

Please review your policy for the complete details of the coverage contained in your policy.   

Chubb Group of Insurance Companies (“Chubb”) is the marketing name used to refer to the insurance subsidiaries of The Chubb Corporation. For a list of these subsidiaries, please visit our website at  Chubb Personal Insurance (CPI) is the personal lines property and casualty strategic business unit of Chubb & Son, a division of Federal Insurance Company, as manager and/or agent for the insurers of the Chubb Group of Insurance Companies. This literature is descriptive only. Actual coverage is subject to the language of the policies as issued. Coverage may not be available in all jurisdictions. 

Chubb, Box 1615, Warren, NJ 07061-1615.