Chubb vs THREE by Berkshire Hathaway: How Do They Compare for Equipment Breakdown Insurance?

Chubb underwrites equipment breakdown coverage directly, offered on both a monoline basis and as part of a package policy. ⁴Company-reported. Equipment Breakdown product page.

THREE presents Equipment Breakdown as a component of its combined Business Owners Policy rather than identifying it as a separate standalone policy on the reviewed product page. ⁷Company-reported. Company-described U.S. package structure. The page does not establish underwriting terms or that every listed category will be included for every applicant.

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The linked sample policy's declarations identify Berkshire Hathaway Direct Insurance Company as issuer. ⁶Company-reported. This is the issuer named on the public sample only; the sample does not establish the issuing entity for every state-specific quote or buyer's issued policy.

Chubb lists target clients including municipalities, water and sewer utilities, wholesale and retail businesses, schools and universities, commercial and residential real estate, hospitals and nursing homes, manufacturing, food processing and cold storage, hotels, publishing, communications, life sciences and biotech, museums, and chemical manufacturers. ⁴Company-reported. Target Client list.

The reviewed product page does not state separate eligibility rules for Equipment Breakdown; the general quote and advisor route is not proof that a particular business qualifies for it. ^7,5Not publicly disclosed. Eligibility and state availability remain unestablished for an individual risk until THREE returns its quote and applicable forms.

Chubb says the policy can be customized with separate, higher limits for selected coverages or a higher blanket limit, and that additional coverage such as ammonia contamination and food spoilage can be purchased separately for higher limits. ⁴Company-reported. Coverage Highlights, Advantages section; subject to the policy as issued.

Chubb offers a Green Standards feature to rebuild to LEED standards or replace with energy-efficient equipment after an insured loss, and an Enhanced Safety feature providing up to 25% in additional limits for rebuilding or replacing equipment with safer features. ⁴Company-reported. Coverage Highlights, Advantages section.

THREE's Business Owners Policy page lists Equipment Breakdown, while its sample policy also excludes some machinery, equipment, or listed vehicles that stop without an accident. The public materials do not establish how an offered equipment-breakdown item changes that sample exclusion. ^7,6Company-reported. Company marketing and the displayed sample policy only; the selected quote, state-specific forms, and endorsements determine whether a specific equipment breakdown loss is covered.

The reviewed page does not publish specific dollar limits; it describes "significant capacity available" and higher or blanket limits as options without naming figures. ⁴Not found in reviewed sources. Equipment Breakdown product page as read on 2026-09-23.

The reviewed public product page does not state a separate limit or deductible for Equipment Breakdown; THREE says the quote-specific insurance summary lists limits and deductibles. ^7,6Not publicly disclosed. No number is inferred from the sample policy. The quote and issued declarations control the buyer-specific limit and deductible.

Chubb says its board-certified Equipment Breakdown engineers perform required jurisdictional inspections, conduct surveys and accident investigations, and provide loss-prevention services including thermography imaging and oil and vibration analysis. ⁴Company-reported. Expert Claims Handling & Loss Control section.

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THREE directs small-business prospects to an online quote and says licensed Small Business Advisors can help with the process. ⁵Company-reported. This is the route for the overall THREE product. It does not show whether Equipment Breakdown will be offered for a particular business or whether a customer can bind that line without an issued policy.

Chubb says a dedicated equipment-breakdown claim unit handles losses, and that the risk engineer who conducted the original inspection often also conducts the initial loss investigation for continuity of service. ⁴Company-reported. Expert Claims Handling & Loss Control section; company-described process, not an independently verified outcome.

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