— Your traditional standard replacement cost policy might not cover the extra expense to rebuild with “greener” products and services.
— Unique policy that covers additional costs you incur rebuilding property after a loss to a more environmentally friendly standard.
If your costs associated with “green” repairs or replacements aren’t covered by traditional policies, our specialized solutions can cover the gaps and help you meet new green standards.
Coverage for additional costs associated with repair or replacement to a “green” standard not covered by traditional property insurance policies
Standalone policy as a companion policy for companies where Chubb participates in shared or layered property program
Offered by endorsement to Chubb’s middle market property policies
Unique offering that provides allowance, defined as a percentage of underlying net loss, which indemnifies the insured for incremental costs to purchase "green" products and services not covered by standard physical damage property policy.
Minimums & Limits
Up to $25 million
Business Services (Legal and Accounting Firms, Advertising Agencies Consulting and Public Relations, Research, etc.)
Hospitality and Casinos
Real Estate Owners and Managers
Food and Agricultural
Fuel Oil and Liquefied Petroleum Gas Terminals and Dealers