Valuable Articles
Chubb Personal Insurance
Are your valuables worth more than $1,000? More than $5,000?
Chubb Valuable Articles Coverage
Chances are your homeowner’s policy (even if it's from Chubb) isn't nearly enough to replace your valuables if they are ever
lost, stolen or damaged.
This is why owners of unique collections rely on Chubb Valuable Articles insurance. It is remarkably easy to obtain, and provides
features you won't always find in typical policies.
Superior protection and our unsurpassed claims service have made Chubb one of the leading insurers of valuable articles worldwide.
Invaluable Protection for the Things you Cherish
Chubb's Masterpiece® Valuable Articles Coverage helps you protect your financial investment in jewelry, collectibles, china,
crystal, silver, artworks, furs, antiques and virtually any other type of valuable. It offers you:
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Itemized coverage. This option allows you to determine the insured value of each of your possessions. In the event of a total covered loss
of an item, you will receive 100% of the insured value. There is no deductible, no depreciation, no surprises.
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Blanket coverage. If you have a number of pieces that represent a large total investment, but no single piece represents a substantial financial
investment in and of itself, you can choose to purchase “Blanket” coverage for the total value of the collection. In the
event you suffer a covered loss, Chubb will pay the value of each item up to its “blanket limit” of $10,000 per item.
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150% replacement cost. Chubb's valuable articles policy provides safeguards for items that appreciate. If the market value (before the loss) of
an item lost or damaged in a covered loss is greater than the itemized amount listed on the policy, we will pay the market
value up to 150% of the itemized coverage amount for the item.
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Breakage protection. Coverage for breakage or damage to fragile items is automatically included. This coverage is typically restricted or excluded
in homeowners’ policies.
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Coverage for "mysterious disappearance." Many homeowners’ policies don't cover valuable items that are lost or misplaced, especially when they disappear away from
the home. A Chubb valuable articles policy provides coverage in these situations.
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Worldwide coverage. Your valuables are automatically covered wherever you take them—anywhere in the world.
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Hassle-free appraisal requirements. Unlike many other insurance companies, Chubb does not require an appraisal for every piece that you itemize. For most possessions,
we simply need a description of the item and a value. We generally require an appraisal only for fine art worth more than
$100,000 and jewelry worth more than $50,000.
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Coverage for pairs and sets. If a piece of an itemized pair or set (like earrings or a set of silver) is lost or damaged in a covered loss, you have
the option to provide us with the remaining piece(s), and you will receive the coverage amount for the entire set.
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Cash settlement. Unlike other insurance companies, you are not required to replace itemized valuables in the event of a loss. You can choose
cash settlement, or replace your valuables at the dealer of your choice. The decision is yours.
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Coverage for newly acquired items. If you acquire a new item and already have similar articles insured with itemized coverage, your new item is automatically
covered for 90 days for up to 25% of the total itemized coverage for those similar articles (maximum $50,000).
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Exceptional claim service. In a recent survey of Chubb customers who reported a claim, more than 97% of respondents said they were "very satisfied"
with our claim service.
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