Chubb homeowner's coverage highlights

Extended Replacement Cost
This covers the full cost of rebuilding your home after a covered loss, even if the cost exceeds your dwelling coverage amount. In the event of a total loss, you may choose to rebuild your home at another location with coverage up to your policy limit (a standard industry policy does not allow rebuilding at any location other than the original).

Cash Option Replacement
You are not required to repair or replace your property after a covered loss, but may choose a cash settlement instead, up to the coverage amount (a standard industry policies will not have this option).

Replacement Cost on Contents
This covers the full cost of replacing your contents after a covered loss, up to your policy's limits. This coverage even applies to rare or antique items (coverage on rare or antique items not on a replacement cost basis unless scheduled appropriately).

Special Contents Coverage
This provides specific protection for a range of valuable possessions including: money, furs, silverware, stamps and coins, jewelry, securities, trailers, and watercraft.

Additional Living Expense
This is also known as "loss of use" coverage. If your house cannot be lived in because of a covered loss, this covers any increase in your living expenses that is necessary to maintain your household's normal standard of living.

Water Back-up Coverage
This provides protection for your home and contents damaged by the back-up of sewers or drains (usually an additional premium under a standard homeowners policy).

Rebuilding to Code
After a covered loss, this covers the cost of conforming to any ordinance that regulates the repair, rebuilding, or demolition of your house.

Debris Removal
This covers the reasonable expenses incurred to remove debris from a covered loss in addition to the stated coverage amount.

Construction Materials
This provides protection from theft of construction materials and supplies owned by you at each location used in the construction, alteration and repair of your house or other permanent structures.

Credit Cards, Forgery and Counterfeiting
This provides for a covered person's legal obligation up to a total of $10,000 for: loss or theft of a credit or bank card, loss caused by forgery or alteration of a check or negotiable instrument, good faith acceptance of any counterfeit paper or currency. Under a standard homeowners policy, the amount is usually limited to $500.

This proposal is descriptive only. The precise coverage afforded is subject to the terms, conditions and exclusions of the policies as issued.