All About Chubb Car and Home Insurance

With an A++ A.M. Best financial stability rating, Chubb insurance is the largest commercial insurer in the U.S. and offers car and home insurance.
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The largest traded property and casualty insurance company in the world, Chubb provides a number of insurance options for its customers, including coverage for your car and home. In addition to more traditional coverage options, Chubb allows you to insure a selection of high-value items, such as condos and co-ops, as well as classic cars.
In this article, Part 1 describes the main difference between Chubb and other insurers, Part 2 goes into more detail about the different types of insurance that Chubb offers, Part 3 talks about some of the difference coverage options from the company, Part 4 discusses the discounts they offer for car and home insurance, Part 5 lists the states where you can find Chubb available, Part 6 highlights the Chubb Mobile Estimate app, and Part 7 gives the ratings for Chubb from the Better Business Bureau (BBB) and A.M. Best.

Part 1 of 7: What sets Chubb Insurance apart from other insurers

In addition to standard car and home insurance, Chubb provides coverage for condos and co-ops, as well as classic cars, allowing you to insure your treasures and investments against damage. Chubb also provides other insurance options that allow you to easily purchase additional insurance, such as agreed value coverage and higher coverage limits for liability.

Part 2 of 7: Types of car and home insurance provided by Chubb

Chubb offers a wide selection of insurance types to cover your car and your home. You can even purchase insurance from Chubb to cover a condo or co-op. The following section goes into more detail about the standard insurance coverage that Chubb offers.
  • Car insurance types: Called Chubb Masterpiece automobile insurance, this plan allows you to customize your policy with the following insurance types:
  • Liability
  • Collision
  • Comprehensive
  • Medical
  • Personal injury protection
  • Uninsured/underinsured motorist coverage
  • Home insurance types: When it comes to home insurance, a Chubb Masterpiece homeowners policy gives you a variety of different options for protecting your house, including:
  • Extended replacement cost
  • Cash settlement
  • Risk consulting
  • Additional living expenses
  • Replacement cost coverage
  • Insurance for condos and co-ops: In addition to a standard home, Chubb also offers insurance for condos and co-ops, including:
  • Additions and alterations coverage
  • Loss assessment coverage
  • Risk consulting

Part 3 of 7: Coverage options provided by Chubb

Chubb also has a variety of coverage options in addition to more standard coverage. Some of the optional coverage includes agreed value coverage on your car or classic car, equipment breakdown coverage for your home, and additional liability coverage to protect your assets.
  • Car insurance coverage options: Coverage options for Chubb include the following:
  • Agreed value coverage
  • Choice of repair shop
  • Rental car reimbursement (with worldwide rental car coverage)
  • Original Equipment Manufacturer (OEM) parts
  • High coverage limits for liability (up to $10 million)
  • High coverage limits for uninsured/underinsured motorist (up to $1 million)
  • Collector car coverage options: You can also get coverage for a classic car, including:
  • Agreed value coverage (can increase with value of car)
  • Choice of body shop
  • Coverage for newly acquired autos (worldwide)
  • No deductible
  • Home insurance coverage options: In addition to standard insurance, Chubb offers a variety of insurance options for protecting your home and the equipment inside of it, including:
  • Masterpiece equipment breakdown essential coverage (up to $250,000)
  • Masterpiece equipment breakdown enhanced coverage (up to $500,000)
  • Flood insurance

Part 4 of 7: Discounts offered by Chubb

In an effort to save customers money, Chubb also uses a variety of discounts for car and home insurance.
  • Car insurance: Customers can take advantage of a variety of discounts when purchasing a Chubb insurance policy, including:
  • Multi-policy discount
  • Accident prevention course discount
  • Air bag/passive restraint discount
  • Anti-lock brake discount
  • Anti-theft discount
  • Daytime running lights discount
  • Good student discount
  • Multi-car discount
  • Home insurance: When it comes to home insurance, Chubb offers a selection of discounts to their customers, including the following:
  • Multi-policy discount
  • Burglar alarm discount
  • Fire alarm discount
  • New house discount
  • Renovated house discount
  • Gated community discount
  • Gated community patrol servicer discount
  • Residential sprinkler system discount
  • Fire resistive discount
  • Masonry construction discount
  • Loss fee discount
  • Storm shutter discount
  • Suburban rating discount
  • Condos/Co-ops insurance: In addition to a standard home, Chubb offers discounts for insurance on condos and co-ops, such as:
  • Burglar alarm discount
  • Fire alarm discount
  • Building security discount
  • Building fire protection discount
  • Gated community discount
  • Gated community patrol servicer discount
  • Fire resistive discount
  • Loss fee discount
  • Storm shutter discount
  • Suburban rating discount

Part 5 of 7: States where Chubb operates

Mainly operating in North America, Chubb also has offices in a variety of countries outside of the U.S., including Asia, Europe, Eurasia/Africa, Latin America, Canada, and Bermuda. In the U.S., Chubb operates in the following states:
  • Alabama
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Missouri
  • Nevada
  • New Hampshire
  • New Jersey
  • New York
  • North Carolina
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Tennessee
  • Virginia
  • Washington
  • Wisconsin

Part 6 of 7: Chubb Insurance apps

In addition to phone and email, customers can handle their Chubb policy via a mobile app. Called the Chubb Mobile Estimate app, it is described in more detail below.
  • Chubb Mobile Estimate app: This app for both Android and Apple devices allows Chubb customers to enter information following an accident, including photos, get an estimate on the damage within three hours, and receive a settlement, all from your phone.

Part 7 of 7: BBB and A.M. Best ratings

To get a better idea of overall customer satisfaction and the financial stability of Chubb, you can visit Websites of the BBB or A.M. Best. The BBB can give you an idea of how the company responds to complaints from customers and just what kind of complaints customers lodge against Chubb. A.M. Best gives you insight into the financial stability of the company, allowing you to decide if the company is a sound investment for your money.
According to the BBB, Chubb has a rating of B+. Some of the factors this rating is based on include the business’ complaint history, how long the company has been in business, and whether the company uses transparent business practices.
According to A.M. Best, Chubb has a financial stability rating of A++. This rating signifies that the company has a stable financial outlook.
Chubb has a wide selection of options when it comes to car and home insurance. Its place as one of the largest insurers in the U.S. and the world means that customers can get coverage for their cars and homes in many U.S. states and around the world. In addition, the company offers some of the highest limits when it comes to purchasing additional liability insurance coverage for your car.

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