The Chubb Group of Insurance Companies started out as Chubb & Son in 1882 in New York City. Thomas Caldecot Chubb along with his son Percy established the underwriting firm by insuring ships and their cargoes.
In 1895 Chubb’s younger son Hendon Chubb joined the firm and helped his father and brother build the trust of their clients and expand their focus. In 1967 The Chubb Corporation was formed and the company became public in 1984. Of course by this time their product base had expanded to include all types of insurance such as property and casualty, liability, inland marine, auto, etc.
Today, Chubb is the 11th largest insurance carrier in the states and operate in 27 foreign counties as well. Although their products are marketed throughout the industry, Chubb’s client base is extremely varied. They insure high end properties such as homes, antiques, and works of art, collector’s cars, furs and jewelry. They are the largest writers of ‘package policies’ in the industry and boast a client roster that includes museums, galleries, financial institutions, etc.
For over 130 years the Chubb Group has maintained a very high standard of performance and an exceptional financial record, receiving consistent accolades from Standard & Poor, Moody, etc.
Their record for settling claims in a timely and fair manner speaks volumes to one of their ‘founding fathers’ logo: “Never compromise integrity”
Auto insurance discounts are offered on:
- Multiple policies
- Safe driving record
- Seniors
- Safety of car
Rates are determined based on types of coverage and its limits, deductibles and discounts.