Most carriers look for publicity. I’m sure we’ll see a multitude of Allstate windbreakers parading around for the cameras, but the question left dangling after Andrew: How will their contract perform with the restrictive replacement value language. We know Chubb will pay because its coverage is unimpeded.
I am suprised by the amount of loss as Chubb has been very careful about it’s exposure in that area. However, the policy is fantastci and probably adds about 15 – 20% onto the total amount, when compared to other companies.
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Chubb is and has always been a great company, their contribution to the relief efforts is more than many carriers will do.
Most carriers look for publicity. I’m sure we’ll see a multitude of Allstate windbreakers parading around for the cameras, but the question left dangling after Andrew: How will their contract perform with the restrictive replacement value language. We know Chubb will pay because its coverage is unimpeded.
I am suprised by the amount of loss as Chubb has been very careful about it’s exposure in that area. However, the policy is fantastci and probably adds about 15 – 20% onto the total amount, when compared to other companies.