With the arrival of a new model, Chubb Insurance is looking to broaden its portfolio.
According to the company’s president and CEO David J. Hockley, the new car pool is an ideal fit for consumers, who can now expect a higher level of coverage than ever before.
“We want to provide an even more comprehensive coverage that is even better for the average consumer than before,” said Hock.
“We have always had the luxury of choosing the best, most comprehensive coverage we can to meet the needs of our customers.”
In fact, the company offers more comprehensive auto coverage than it ever has before.
While it is no longer offering an auto insurance pool, it has added a number of new coverage categories including comprehensive accident coverage, personal injury coverage, and disability coverage.
The new coverage comes on top of the existing ones, which include life and personal accident coverage.
While this coverage comes at a significant price premium, the added coverage does provide consumers with more options than ever, which should hopefully make them feel more comfortable with their purchase.
“The best way to explain the value of this coverage is to compare it to the auto pool,” said J.R. Hargreaves, president and chief executive officer of Chubb.
“With this additional coverage, we’re offering customers with the best of the best coverage at the lowest possible cost.”
As we previously reported, Chubbs new car policy is available for just $1,000.
It will be available to new and existing customers for the next three years.
Chubb is offering the new coverage for $10 per person and $15 per person.
ChubbInsurance is currently offering the same coverage to its existing customers at a lower rate, starting at $2,000 per policy.
The company has since reduced its rate to $1.00 per person for new customers.
In addition, the coverage comes with a 10-year limited warranty.
While this is not a huge price difference, it should provide consumers the peace of mind that they are getting the best rates available.