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Specialty Property Flood Aggregate Reinstatement Policy

If a catastrophic flood loss exhausts the limits of your current policy, your company may find itself responsible for additional financial losses in the event of another flood. Chubb’s policy gives risk managers the option to buy coverage to build back or build additional high hazard flood limit for improved protection.

Coverage Highlights

Benefits

  • Admitted policy
  • Suitable for reinstating exhausted aggregate limits in a core program or building flood capacity above core program sub-limits
  • Clear policy language
  • Customized products and services for a wide range of industries and clients, from multinationals, to large U.S. companies and small businesses
  • Superior service provided by solutions-oriented insurance professionals

Minimums & Limits

  • Minimum deductible of $100,000
  • Minimum premium of $100,000
  • Limit up to $30 million

Target Client

  • Hospitality
  • Entertainment
  • Manufacturing
  • Real Estate
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Knowing and Addressing Your Risk

Derek Talbott and Jeremiah Konz identify the questions you should ask to ensure you’re protecting your commercial property investments. This podcast provides guides on what steps to take to proactively reduce your risk.