What's in a Chubb Homeowners Policy? Here are just a few key features that give you
choices in coverage, broader protection than standard policies, and peace of mind.
Extended Replacement Cost: With extended replacement cost coverage, after a
covered loss Chubb will pay to have your home repaired or rebuilt to its original
beauty-even if the cost exceeds your policy limit. We will even pay for necessary
upgrades due to modern building codes.
Cash Settlement: In the event of a covered total loss, if you decide not to
rebuild or to rebuild at another location, Chubb offers a cash settlement, up to your
policy limit. The choice is yours.
Home Appraisal Service: Chubb offers complimentary home appraisals for many
homes that we insure. Chubb's highly trained appraisers will visit your home to
carefully note the home's features, estimate the home's replacement cost and help you
determine the amount of coverage you really need. Our appraisers also assist with
security and fire prevention advice.
Additional Living Expenses: If your home cannot be lived in due to a covered
loss and you need a temporary residence while your house is rebuilt, Chubb helps cover
the reasonable increase in your normal living expenses. This allows you to maintain
your fine standard of living while you must be away from home. Typical policies limit
coverage to a percentage of your home's insured value.
Replacement Cost Coverage: In the event that the things inside your home are
damaged, Chubb insures most belongings for the amount it costs to replace them today,
without deduction for depreciation, up to the limit you chose on your policy.
And Chubb doesn't require you to replace them. You may choose a cash settlement instead.
The Extras: Extras aren't extra with Chubb. A Chubb homeowners policy includes
extra coverages to help protect you in unexpected situations, ranging from tree removal
after a storm, restoration of electronic data destroyed by a computer virus or lock
replacement if your keys are lost or stolen.
This information is advisory in nature. No liability is assumed by
reason of the information in this document.