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Chubb ranked #1 for Homeowners Insurance Customer Satisfaction.
Chubb ranked #1 for Homeowners Insurance Customer Satisfaction.
Chubb ranked #1 for Homeowners Insurance Customer Satisfaction.
Chubb ranked #1 for Homeowners Insurance Customer Satisfaction.
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Many digital-savvy consumers look for it as a core or add-on option.
Many digital-savvy consumers look for it as a core or add-on option.
Many digital-savvy consumers look for it as a core or add-on option.
Chubb’s in-house technology makes it easy to integrate what we do into your customer experience.
Builders Risk Insurance
Coverage
- Individual Project Builders Risk and Master Programs
- DIC for construction projects on a selected basis
- Coverage form offers both physical damage and delay in opening
- Various optional coverages based on the client's needs
- Coverage to meet specific needs of the project and/or account
- International Builders Risk Insurance for U.S. domestic based clients
- Capacity in a variety of positions, including primary, full limit, quota share, buffer and excess layer
- Portfolio of green endorsements
- Contract penalty coverage as a result of a covered physical damage loss
- Coverage form offers both physical damage and delay in opening
- Loss control and engineering services available on both a bundled and unbundled basis
*Risk control activities conducted on behalf of the insurer are not intended as a direct benefit or service to Chubb insureds.
Benefits
- Superior flexibility
- Capacity in a variety of positions
- Ability to customize solutions to meet individual client needs
- Portfolio of green endorsements
- Lead terms/coverage forms/follow form available, based on underwriting review
- Highly experienced underwriters with more than 20 years average experience
Target Clients
- Contractor, developer, owner or homebuilder with active construction program and strong property preservation management approach looking for an underwriter with specialized expertise in Builders Risk.
Submission Requirements
- Application to include: project description, statement of values, locations, limits and coverage requirements.
- In addition to application, details on delay in opening coverage requirements (breakdown of soft costs, pro-forma and period of indemnity for loss of rental income and loss of business income)
Resources
Whether our customers are general contractors, large transportation authorities or local municipalities, we work collaboratively to help develop effective risk management solutions.
Read Our Builders Risk Advisory.
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