What Are the Key Differences Between Chubb and TechInsurance Commercial Auto Insurance?
Published Limits and Additional Coverage Needs
TechInsurance says commercial auto is for business-registered vehicles and reports a median customer cost of $245 per month. Hired/non-owned auto and garage keepers may need separate policies; Chubb lists PIP and UM/UIM limits up to $1 million in its small-business package. [7] [2]
Rented and Non-Owned Vehicles
Chubb’s Commercial Auto Broad Form Endorsement includes rented-auto coverage for employees where the endorsement applies, along with other Broad Form grants such as auto loan/lease gap. TechInsurance says commercial auto does not cover personal, leased or rented vehicles used for work, which it says need hired and non-owned auto insurance, and also excludes a newly purchased vehicle not yet added and a customer’s vehicle in the business’s care. If employees rent or drive personal cars for work, that gap is the coverage question on both quotes. [2] [7]
What Each Publishes in Dollars
Chubb’s reviewed standalone commercial auto page does not publish its own limit figures; when the line is bundled through the small-business Total Account Solution, it includes PIP and uninsured/underinsured motorist limits up to $1 million. TechInsurance does not publish those limit figures either; it reports a median customer cost of $245 a month, which varies with vehicles, driving records, options, claims history, deductible and limits. Neither number is a quote for your fleet. [3] [2] [7]
What Should You Confirm in Chubb and TechInsurance Commercial Auto Insurance Quotes?
- Ask TechInsurance which insurer issues the policy; a Chubb quote is Chubb paper. [7] [2]
- Confirm hired/non-owned auto and garage keepers: TechInsurance treats those as outside commercial auto; Chubb’s Broad Form includes rented-auto coverage for employees where it applies. [7] [2]
- Compare Chubb’s bundled PIP and UM/UIM up to $1 million with TechInsurance’s $245 monthly median and state minimums. [3] [7]
- Ask Chubb whether High Value Vehicle agreed value applies; ask TechInsurance how newly purchased vehicles get added. [2] [7]