Chubb vs 
WithCoverage: How Do They Compare for Builders Risk Insurance?
WithCoverage is a broker that audits your construction insurance program at no cost; Chubb underwrites builders risk itself for contractors, developers and homebuilders with an active construction program.
Chubb offers individual-project and master builders-risk forms with delay-in-opening cover; WithCoverage audits the line within a construction program and can arrange or transition coverage without requiring a broker change. 1,2,4
What Are the Key Differences Between Chubb and WithCoverage Builders Risk Insurance?
Issuer Versus Program Review
WithCoverage says its construction audit can start without changing your current broker and can lead to placement or transition of coverage. Chubb lists specific builders-risk forms and endorsements, including individual-project, master and delay-in-opening options. 2 4 1
Named Endorsements Versus Gap Review
Chubb lists Individual Project and Master Programs, difference-in-conditions, delay-in-opening, international cover, green endorsements and contract-penalty tied to a covered physical-damage loss. WithCoverage says it builds coverage for project risks that off-the-shelf builders risk forms miss, without listing those same Chubb program names. 1 3
Who Each Practice Serves
Chubb targets contractors, developers, owners or homebuilders with an active construction program. WithCoverage’s construction practice serves general contractors, trade contractors and developers with active programs. 1 2 3
Submitting a Job Versus an Audit
Chubb wants a statement of values, locations, limits and delay-in-opening detail when that cover is requested. WithCoverage says a construction program audit is offered at no cost, typically in about one business day after receiving policy documents, and that you do not have to leave a current broker to run it. 1 2
What Should You Confirm in Chubb and WithCoverage Builders Risk Insurance Quotes?
- Ask WithCoverage which insurer would issue builders risk and whether the audit’s FAQ scope (GL, product liability, workers’ comp, property, umbrella) includes this line on the written report. 2
- Confirm Chubb program type, delay-in-opening and layer, and whether WithCoverage would seek those same terms from markets. 1 3
- Get dollar limits from both; Chubb’s page and WithCoverage’s reviewed pages do not publish them. 1 2
- If you already have a broker, ask WithCoverage how placement would work alongside that relationship. 2
Chubb vs WithCoverage Builders Risk Insurance Compared
Chubb vs WithCoverage: Builders Risk Insurance: documented features by provider
| Criteria | Chubb Builders' Risk Insurance | WithCoverage Builders Risk Program Review (Construction) |
|---|---|---|
| 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. | WithCoverage's construction practice serves contractors and developers with active construction programs, including general contractors, trade contractors and developers. 2,3Company-reported. Construction industry page and risk-advisors Vin spotlight. |
| 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. | WithCoverage says a construction program audit, which it lists as covering General Liability, Product Liability, Workers' Comp, Property and umbrella alongside Builder's Risk in the page hero, is offered at no cost and without requiring a client to leave its current broker, typically completed in about one business day after receiving policy documents. 2Company-reported. Construction page FAQ; the itemized audit-scope answer does not repeat "Builder's Risk" by name even though the page hero does. |
| 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. | WithCoverage is a broker; it does not underwrite builders risk policies. It reviews builders risk exposure as part of a broader construction insurance-program audit and can place or transition the coverage on a client's behalf. 2,4Company-reported. Construction industry page hero and FAQ; company describes itself as reviewing and placing coverage, not bearing the risk. |
| 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. | WithCoverage says it builds coverage for project risks that it says off-the-shelf builders risk forms miss, working directly with construction clients rather than offering a standard packaged form. 3Company-reported. Risk-advisors Vin spotlight; company description of its practice approach, not a specific completed engagement. |
