Chubb launches new flood quoting platform

Chubb Personal Risk Services announced the launch of a new self-service flood insurance system for agents that will support its personal lines business for primary and excess flood and will provide quotes for low-hazard properties in under two minutes. This new platform will integrate with the Chubb Agent Portal and Masterpiece EZ Quote homeowners platform.

Agents will benefit from working directly with Chubb as a single point of contact for faster access to flood quotes and an enhanced user interface. The system will be available across all US states where Chubb writes flood insurance.

The carrier provides customized limits that meet clients’ needs, whether its coverage that protects against flood or mudflow, with limits as high as $15 million. Coverage can start for as low as $500 a year.

“We made a significant investment to create an exceptional quoting and issuance process for agents and to ensure we can offer complete flood protection coverage options for clients. Standard home policies often exclude any surface water that enters your home. The most common cause of flooding damage isn’t linked to an extreme weather event – it can be as simple as rain runoff that accumulates too quickly.” – Louis Hobson, Senior Vice President of Chubb’s North America Flood Insurance Business.