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Chubb’s SPECTRA® for Properties provides named storm deductible buyback coverage for real and personal property, including business income, on a first layer or primary basis. Coverage can be purchased on a standalone basis or to cover an existing named storm property policy deductible.

Coverage Highlights


  • Admitted policy

  • Suitable for managing high per occurrence named storm deductibles

  • Suitable for managing multiple named storm occurrences within a single season


  • Simple policy language that wraps the primary policy coverage to ensure seamless protection

  • Follows form with primary policy

  • Can be structured as an annual aggregate cap on wind deductible losses
Minimums & Limits
  • Minimum deductible is $100,000 per occurrence/location
  • Minimum premium is $100,000
  • Limits up to $305 million
Target Client

  • Hospitality

  • Entertainment


  • Manufacturing

  • Real Estate

Hotel Deductible Buydown Case Study

When a catastrophe strikes, commercial property owners often face extremely high deductibles – sometimes into the tens of millions of dollars. Read more for a case study and an introduction to Chubb’s Hotel Deductible Buydown coverage.