Get up to $15 million in total property coverage for your home and contents.*
For your basement we will automatically cover possessions like televisions, pool tables and exercise equipment, up to $15,000.
Up to $7,500 for a temporary residence, meals, and other expenses if you can’t live in your home during repairs.
Reimbursement for up to $5,000 to safely move your valuable belongings or safeguard your home in a flood warning area.
*This exceeds the $250,000 limit for homes and $100,000 limit for contents offered by the National Flood Insurance Program.
Our broad coverage includes flood, mudslides, sewer backup, and underground water, with limits as high as $15 million for home and contents, with more for basements.
We’ll reimburse your clients for up to $5,000 to safely move your valuable belongings out of a flood warning area, or to safeguard their home from an imminent flood.
In 98% of all Chubb claims, our Claims Adjusters make contact within six hours or less of the initial report. They have the authority to pay claims but can’t deny a claim without a manager’s approval.
A full 96% of Chubb clients who have had a claim paid are highly satisfied with their experience. That’s because we do more -- like paying up to $7,500 for a place to stay while renovations are happening.
Obvious risks:
• Living near the coast
• Home in a flood zone
• Located somewhere with heavy rain
Homes may also be at risk for flooding if:
• There is construction or development in your neighborhood
• Your property or neighborhood is mostly pavement
• Your home is on an incline
• You don’t live at the highest point in your area
Even if you don’t live near water, protecting your home from unexpected flooding is important.
A homeowner’s policy isn’t enough, which is why we provide the added protection you need with a separate flood policy.
Sources:
* Fema.gov
**FEMA Estimated Flood Loss Potential
***National Insurance Commissioners Association. "Flood Insurance Basics"
† Chubb Personal Risk Services Flood Claims since 2014
Chubb Flood Insurance