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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.
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SPECTRA® for Builders Risk
SPECTRA® for Builders Risk Coverage
- Multiple named storm occurrences within a single season with an annual aggregate deductible cap
- Streamlined policy language for standalone named storm coverage
- Option for follow form with primary builders risk policy
- Up to three year policy term; longer periods will be considered
- Option for annual aggregate cap on named storm deductible losses for construction project portfolios
Benefits
- Customized products and services for a wide range of industries and clients, ranging from multinationals to large U.S. companies and small businesses
- Annual aggregate deductible cap can cover multiple named storm occurrences in a single season
- Superior service provided by solutions-oriented insurance professionals
Minimums & Limits
- Minimum deductible is $100,000 per occurrence/location
- Minimum premium is $100,000
- Limit up to $10 million per location
Target Client
- Any class of construction within the construction industry
- Any construction project in coastal areas subject to a named storm deductible