Chubb’s SPECTRA® for Properties provides named storm deductible buyback coverage for real and personal property, including business income, on a first layer or primary basis. Coverage can be purchased on a standalone basis or to cover an existing named storm property policy deductible.
When a catastrophe strikes, commercial property owners often face extremely high deductibles – sometimes into the tens of millions of dollars. Read more for a case study and an introduction to Chubb’s Hotel Deductible Buydown coverage.