What Are the Key Differences Between Chubb and Travelers Inland Marine Insurance?
Construction-Heavy Menu vs Segment Products
Chubb names builders' risk, homebuilders, engineered civil and utility projects, contractors equipment fleets and leased or financed property, with regular loss-control in the premium. Travelers underwrites inland marine as segment-specific products for construction, fine art and museums, renewable energy, transportation, communications, manufacturing, municipalities and mobile equipment dealers. Choose Chubb if you need builders' risk or a contractor fleet with included loss-control; choose Travelers if your property fits a named segment such as dealers, museums or event gear. [2] [4]
Dealers, Towers and Event Equipment
Travelers describes cover for computers and electronics, medical diagnostic equipment, party and event equipment, fine art, bridges and radio towers, trade show exhibits, solar panels and wind turbines, plus a dealers product for fire, theft, weather and rental-related incidents. Chubb's inland list does not describe a dealers-rental product or bridges and radio towers; it does name engineered risk for large civil transportation and utility projects. [4] [2]
How You Buy
You can request a Chubb quote online, use u*writer tools, or have an appointed agent apply. Travelers inland marine is bought through a Travelers independent agent. Neither reviewed page publishes limits or deductibles. [2] [4]
What Should You Confirm in Chubb and Travelers Inland Marine Insurance Quotes?
- Ask Travelers' agent which segment product, including the dealers form, is quoted. [4]
- Ask Chubb whether builders' risk, contractors equipment or engineered risk is the form, and whether loss-control is included. [2]
- Confirm whether Chubb loss-control has a Travelers counterpart on your agent's quote. [2] [4]
- Get limits and deductibles from both; neither page publishes them. [2] [4]