Chubb vs 
HUB International: How Do They Compare for Builders Risk Insurance?
HUB International brokers builders risk with site-security and leak-detection vendors; Chubb underwrites it directly, with delay-in-opening and green endorsements for contractors and homebuilders.
Chubb offers project and master builders-risk policies with delay-in-opening cover; HUB pairs brokered coverage with security, leak-detection and fire-coating vendors for construction sites. 1,2,3
What Are the Key Differences Between Chubb and HUB International Builders Risk Insurance?
Carrier Versus Brokered Mitigation Package
HUB markets to project owners, general contractors and developers and says its program addresses theft, fire and water damage. Its security, leak-detection and fire-coating vendors target jobsite hazards; Chubb lists delay-in-opening and master-program options. 2 3 1
What Each Side Names on Coverage
Chubb lists Individual Project and Master Programs, difference-in-conditions, physical damage and delay-in-opening, international builders risk for U.S. clients, green endorsements, and contract-penalty coverage after a covered physical-damage loss. HUB describes protection for property used in construction, installation and renovation against theft, fire and water damage during the build. 1 2
Site Services and Consulting
HUB says third-party vendors handle site security, automated leak detection and fire-resistant coatings, and that a mobile app shows carrier underwriting requirements. Chubb describes loss-control and risk-consulting services that can be bundled or unbundled, not a vendor-run leak-detection program. 2 3 1
Who the Offering Is Aimed At
Chubb targets contractors, developers, owners or homebuilders with an active construction program and a strong property-preservation approach. HUB markets the solution to project owners, general contractors and developers of both frame and non-frame work. 1 3
What Should You Confirm in Chubb and HUB International Builders Risk Insurance Quotes?
- Ask whether delay-in-opening or a master program is on the Chubb quote, and which insurer HUB would place. 1 2
- Get HUB to name which mitigation vendors and app access are included with the policy, and what Chubb’s loss-control engagement looks like. 2 1
- Confirm frame versus non-frame treatment on the HUB placement and whether Chubb would write the project as primary, quota share or excess. 3 1
- Neither side publishes dollar limits on the reviewed pages; record limits and deductibles from the quote. 1 2
Chubb vs HUB International Builders Risk Insurance Compared
Chubb vs HUB International: Builders Risk Insurance: documented features by provider
| Criteria | Chubb Builders' Risk Insurance | HUB Builder's Risk Insurance Solutions |
|---|---|---|
| Who It’s For | Chubb targets contractors, developers, owners or homebuilders with an active construction program and a strong property-preservation management approach. 1Company-reported. Target clients section. | HUB markets this solution to project owners, general contractors and developers of both frame and non-frame construction projects. 3Company-reported. Launch press release target-market description. |
| How to Apply | Chubb says submissions should include a project description, statement of values, locations, limits and coverage requirements, plus a breakdown of soft costs, pro forma and period of indemnity if delay-in-opening coverage is requested. 1Company-reported. Submission requirements section. | HUB directs prospects to connect with a broker or its construction insurance specialists for a project-specific assessment; no online quote flow is described. 2Company-reported. Product-page call to action as read 2026-09-23. |
| Coverage Features | Chubb offers Individual Project Builders Risk and Master Programs, difference-in-conditions coverage for selected construction projects, both physical-damage and delay-in-opening coverage, International Builders Risk for U.S. domestic clients, a portfolio of green endorsements, and contract-penalty coverage tied to a covered physical-damage loss. 1Company-reported. Coverage list; subject to the policy as issued. | HUB describes builder's risk coverage for property used in construction, installation and renovation projects, protecting against theft, fire and water damage during the build. 2Company-reported. Product-page coverage description; the issued policy and its exclusions control an actual claim. |
| Role in This Line | Chubb underwrites builders' risk insurance directly for commercial and residential contractors and for engineering construction such as bridges and tunnels. 1Company-reported. Builders' Risk Insurance product page. | HUB brokers builder's risk insurance and bundles it with a coordinated mitigation program rather than underwriting the policy itself. 2,3Company-reported. Builder's risk product page and 2024 launch press release, as read 2026-09-23; neither names an issuing insurer. |
| Risk Services | Chubb offers loss-control and risk-consulting services on both a bundled and unbundled basis, with underwriters averaging more than 20 years of builders-risk experience. 1Company-reported. Coverage list Benefits section. | HUB says it pairs the policy with third-party vendors for site security, automated leak detection and fire-resistant coatings, plus a mobile app that shows carrier underwriting requirements, run by its construction insurance specialists. 2,3Company-reported. Product-page and press-release service description; a company-reported program, not an independently assessed outcome. |
