Chubb Adds Pet Injury Coverage to Auto Policy

The Chubb Group of Insurance Companies is adding up to $2,000 in coverage to its automobile policy for pets injured or killed in a crash or other covered loss. The policy is designed to help pay to treat, board or replace domestic pets, even if they were pulled in trailers, with coverage, now available in Arizona, Maryland, Texas and New Jersey.

Chubb says it plans to enhance its Masterpiece Auto Preference policy in several ways, such as adding replacement cost coverage for new vehicles, and increasing loss-of-use coverage (rental reimbursement coverage) from $5,500 to $15,000. In addition to paying for a rental car when a vehicle is being repaired after a covered loss, Chubb says this coverage can provide reimbursement for transportation (including airline tickets) and lodging if the loss occurred more than 50 miles from home.

In addition, Chubb says it is expanding its lease gap coverage to pay for charges levied by a leasing company for physical damage to a vehicle caused by a covered loss, with the claim being submitted within 30 days of lease termination.