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What to Know
Chubb sells homeowners insurance policies in all 50 states and Washington, D.C. Its policies cover the six standard parts of a homeowners policy, and its real value is in optional coverage built for expensive homes and valuables. Those options fit owners of higher-value homes, collectors, and anyone in wildfire- or hurricane-prone areas.
Flooding, earthquakes and damage from lack of maintenance are excluded from the standard policy. Flood coverage requires a separate policy and earthquake coverage is an add-on you have to request.
Online quotes are available, but you have to finalize your policy purchase with a Chubb agent.
Chubb
Best for High-Value Homes- Discounts
- 6
- Online Quotes
- Online Policy Purchase
Why We Like Chubb
Chubb is our pick for high-value homes because its optional coverages are designed for homes that cost more to rebuild and hold more to replace. Those options include extended replacement cost, valuable articles and collections insurance, and Wildfire Defense Services. Chubb also offers a portfolio discount when you insure multiple assets with the company, plus a loss-free discount.
Pros and Cons
Pros
- Available nationwide
- Water backup coverage included
- Flood insurance available
Cons
- Can't buy a policy online
Solvable's Take on Chubb Homeowners Insurance
Chubb is worth a quote, but only if your home needs what it's built for. The clearest fit is a home that would be expensive to rebuild.
Extended replacement cost pays beyond your dwelling limit to rebuild your home, up to a set amount. That cushion protects you if construction costs after a disaster exceed your policy limit. Valuable articles coverage makes sense if you own art, jewelry, wine or other collections that a standard personal property limit wasn't designed to handle.
Chubb also sells personal umbrella and excess liability coverage, which adds liability protection above your home and auto limits. That's useful if your assets make you a likelier target for a lawsuit. For homes in exposed locations, Hurricane Protection and Wildfire Defense Services can be beneficial.
The portfolio discount rewards people who put several assets under Chubb insurance, so the math can improve if you also insure a car, a second home or a collection with the company. Two smaller extras, HomeScan infrared detection and GreenWise Upgrade Coverage, are worth a mention if hidden leaks or rebuilding with eco-friendly materials matter to you.
Chubb doesn't offer online policy purchase, although you can get a quote online. Flood and earthquake coverage is available for an additional cost.
Chubb Homeowners Insurance Discounts
Chubb lists six homeowners discounts, but which ones you qualify for depends on your home and your policy.
- Portfolio discount (multiple assets insured with Chubb)
- Customer loyalty discount
- Multi-policy/bundling discount (home + auto)
- Protective devices and security discount
- New/renovated home discount
- Loss-free discount
Chubb Homeowners Insurance Coverage
Dwelling
Dwelling coverage pays to repair or rebuild the structure of your home after a covered loss. Chubb lists extended replacement cost as an option for rebuilds that exceed your dwelling limit.
Other Structures
Other structures coverage pays for buildings on your property that aren't attached to the house, such as a detached garage, fence or shed.
Personal Property
Personal property coverage pays for your belongings when they're damaged or stolen in a covered loss, up to a limit you choose.
Loss of Use
Loss of use coverage pays your extra living costs, such as a rental or hotel, while you can't live in your home after a covered loss.
Personal Liability
Personal liability coverage pays when you're legally responsible for someone's injury or property damage, including legal defense costs.
Medical Payments
Medical payments coverage pays a guest's medical bills after an injury on your property, regardless of fault. The limits are typically smaller than your liability coverage.
Frequently Asked Questions
Is Chubb home insurance good?
Chubb is a good fit if your home is harder or more expensive to rebuild than average, or if you own valuables you want to insure item by item. That's why it's our pick for high-value homes, built around optional coverages like extended replacement cost and valuable articles insurance.
Can I bundle Chubb insurance for my home and car?
Yes. Chubb offers a multi-policy discount for bundling home and auto, and a separate portfolio discount for insuring multiple assets under Chubb insurance more broadly. Which discounts apply depends on your specific policy and assets, so ask directly when you request a quote.
Is Chubb homeowners insurance available in every state?
Yes, Chubb writes homeowners policies in all 50 states and Washington, D.C. If you're in a wildfire- or hurricane-prone area, ask specifically about Wildfire Defense Services or Hurricane Protection. Terms and what's included can still vary by policy, so confirm the specifics when you get a quote.
