The Chubb Group of Insurance Companies has created the Masterpiece Protection Network to provide customers with referrals to qualified home protection specialists.
When customers contact the Masterpiece Protection Network, Chubb will refer them to home security specialists, home inventory services, loss mitigation services and other protection specialists in their areas. The customers can receive discounts up to 33 percent from the service providers, as well as premium credits from Chubb.
“Scott Spencer, worldwide home appraisal manager for Chubb Personal Insurance, said the referral network is a natural extension of Chubb’s residential appraiser service. In addition to helping customers determine the replacement cost of their homes, appraisers recommend systems and maintenance measures intended to reduce exposures to fire, theft, water damage and other losses.
Customers who install fire and burglar alarms, moisture detection systems, lightening protection systems, perimeter fences with electronic gates, power generators and temperature control devices may be entitled to superior protection credits ranging from two percent to five percent of their policy premium. Depending on the state, a home can qualify for as much as 25 percent in credits.
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