Chubb Auto Insurance Review

Company Trusted For Over 25+ Years*

Chubb Auto Insurance

Chubb Company History

Chubb has a long and proud history that goes way back to the 1800s. There are few insurers in the U.S. that have been around as long as Chubb. The large insurer was founded in 1882 by  Thomas Chubb and his son Percy. Today, many people get their vehicles covered with Chubb auto insurance. However, when the company was founded, car insurance coverage was not available. At first, they started out marine underwriting policies in New York City, with only $1,000 in savings.    

The father and son team’s initial plan was to focus on insuring marine vessels and cargo. Their fledgling business quickly grew over the next decade. By 1900, it was growing rapidly, and in less than two decades, other competitors were taking notice. One of the keys to their success was the agents and brokers who marketed Chubb’s products and brought in new customers. Chubb knew how vital the agent-client relationship was and made sure each agent worked with every client to meet their needs.  

Another talent the father and son duo had was risk assessment. They could determine a ship’s risk beforehand and whether it was too risky to insure or a good bet. This led to fewer claims and surging profits, which the founders poured back into business operations. Today, almost 140 years later, the company is still a leader in marine underwriting. The insurer also sells watercraft insurance for luxury yachts and personal outdoor marine vessels.

Over the past 100 plus years, Chubb has expanded its product line extensively. One of the fastest-growing lines is Chubb car insurance. Today, Chubb is a worldwide leader in property and casualty insurance. It sells policies to both consumers and businesses in markets both big and small worldwide. 

Chubb Insurance Service

Chubb values each customer and creates long-term relationships built on mutual trust. Trust is the foundation of the company’s relationship with each client. Each agent is required to learn as much about a person and business as possible. So the client can be served better, with a commitment to providing the best coverage possible. 

That trust is demonstrated by one of the best claim payout records of any insurer. Chubb has some of the most trained and experienced agents of any insurer worldwide. Chubb makes a significant investment in each agent to ensure they are well trained and knowledgeable about all its products. Well-trained agents have given the firm a competitive edge and helped the large, diversified carrier grow into a worldwide powerhouse. Chubb Auto Insurance is well-positioned for years to come as it builds off of its strong foundation.

Chubb’s Corporate Address: 15 Mountain View Rd, Warren, NJ 07059

Telephone Number: (909) 903-2525

Chubb Specialty Insurance

Chubb is known as one of the best specialty insurers in the world that few competitors can match. Some of the companies products include:

  • Marine
  • Watercraft including Yachts
  • Automobile
  • Business
  • Jewelry and Valuables
  • Homeowners

Chubb focuses on the consumer relationship with each product segment. The company allows the provider to cross-promote other insurance lines, gaining customers in multiple product segments. The carrier also sells the popular Chubb umbrella insurance, which is a complete insurance solution for many customers seeking broader coverage. Clients can purchase the umbrella package with limits of up to $50 million.

The firm currently has its worldwide headquarters based in Warren, NJ. Also, there are regional offices all over the globe. The company is expanding into emerging markets rapidly and is well-positioned for solid worldwide growth in the coming years.

Chubb Auto Insurance

Chubb is a market leader in covering high-end luxury automobiles. They offer the popular  Chubb Masterpiece car insurance. It comes with all the coverage of a typical policy, in addition to broader protection. A customer can select the type of options they want, essentially building a custom policy. Homeowners can also bundle Chubb auto and home insurance together and get discounted rates.

Agreed Value Auto Insurance Protection for Collision and Comprehensive Plans

This type of coverage allows customers to determine the value of their vehicle when the policy is purchased. If the automobile is later totaled or stolen, they will be reimbursed for the agreed value of the car, not the current market value. This policy is famous for owners of classic and valuable cars, who want to protect the considerable investment they have made.

Another advantage is Chubb’s car insurance comes with superior accident repair service. When your damaged automobile is repaired, the repair company will use actual factory parts, not cheaper aftermarket parts. It is popular among Chubb’s wealthy clients, who often drive luxury cars that need original parts. You can get a custom Chubb auto insurance quote at the newly improved companies website and qualify for immediate discounts.

Chubb High Limit Auto Insurance

Most insurers have coverage limits of $1 to $2 million. With Chubb high-limit car insurance, you can choose liability policy limits up to $10 million. This coverage means you do not have to worry about getting sued and having to pay any settlement out of pocket. With these high limit policies, you will be protected from the cost of almost any potential accident you might get in.

You can also buy Chubb uninsured driver insurance, with limits up to $1 million. With more uninsured and under-insured motorists on the road than ever before, this is a wise policy add-on that many customers take advantage of.

Chubb Car Insurance Advantages

  1. Vehicle Restoration: Chubb understands that customers want their vehicle restored to perfection after an accident. If you get into a wreck, Chubb will cover you for OEM or Original Equipment Manufacturer. This extended coverage, not offered by many competitors, allows clients to restore their vehicle precisely the way it was before the accident. This even includes an older classic car. 
  2. Fast and Experienced Claim management: Chubb auto insurance representatives know that getting into a wreck is very stressful. The last thing a person wants is a delay on their claim payout or not getting their questions answered. With Chubb automobile insurance, every Collision Repair Expert will take the time to assist each client with repairs and get the funds you need as soon as possible. Chubb car insurance has some of the best reviews for claim payouts and service. This is one of the many reasons why customers keep renewing their Chubb automobile insurance policy year after year.  
  3. Determining the Value of Your VehicleAnother advantage of Chubb auto insurance is the ability for clients to purchase a policy that determines the value of their automobile. This means if a person’s vehicle is totaled, they will be covered up and to the policy’s value for the auto, not the present market value. 
  4. Worldwide Coverage and Service: Chubb auto insurance representatives are available 24/7 to help you in 54 countries worldwide. This means even if you are renting a vehicle abroad and get into a wreck, Chubb will be there to assist you. 

Chubb Rental Car Insurance

A huge perk to buying Chubb Auto insurance is the popular rental insurance. Suppose your vehicle is in the shop due to an accident and you need a rental. You can get one equal to yours, with up to $15,000 in reimbursement coverage. So, if you own a Corvette that gets rear-ended and will be in the shop for three weeks, you can also rent a Corvette. This is another reason why Chubb is so popular among the wealthy.

Chubb car insurance policies also provide rental coverage worldwide. You can be covered on any rental vehicle, wherever you go around the world. To qualify, you need to purchase a minimum of $1 million worth of liability insurance.

Chubb Home Insurance

Many of the insurer’s customers that already have vehicle coverage also choose to buy Chubb homeowners insurance. One popular line is the masterpiece homeowner policy. It comes with extended replacement protection. You will be covered for the cost of repairing or rebuilding your home, even if it is more than your policy limit. If you want to move and buy another property, you will be covered up and to your homeowner policy limit.

If you need temporary housing while your home is being repaired, you will be covered to maintain your usual standard of living.

Chubb Insurance Rating 

Chubb has some of the highest financial ratings in the insurance industry. This includes:

  • A.M Best Rating of A++
  • Standard and Poor’s rating of AA
  • Fitch Rating of AA
  • Moody’s Rating – Aa2 

Chubb Insurance Online

Chubb’s insurance website provides an array of services and information. You can access policy info 24/7, pay your bill, and also get claim updates all online. Chubb also has a new app that instantly updates policy info on the go. 

The new app also allows customers to call for roadside assistance and chat with company reps anytime. Chubb’s commitment to innovation that serves its valued customers is a cornerstone of the company.  

Now you know about Chubb auto insurance and its family of products, it’s time to comparison shop rates. Get a free quote at Goodtogoinsurance and compare up to 10 direct rates online. Get the protection you deserve at the very best rates.