What makes Chubb the best choice for high-value Georgia homes?

Chubb's Masterpiece program is built specifically for high-value homes, properties with custom construction, premium finishes, or rebuilding costs that a standard homeowners policy cannot adequately cover. Georgia homeowners whose homes fall into this category will find that a mass-market policy often leaves meaningful gaps, particularly when construction costs rise sharply after a major loss.

What is extended replacement cost and how does Masterpiece handle it?

The clearest differentiator is extended replacement cost coverage. If it costs more to rebuild your home than your policy limit, Chubb pays the difference. Standard policies cap the payout at the coverage limit, which means rising material and labor costs, common after a hurricane, wildfire, or any large regional loss event, can leave you short on the actual cost to restore your home to its original condition. Chubb's version goes further than the guaranteed and extended replacement cost add-ons offered on many standard policies.

For example, a Georgia homeowner with a $1.5 million policy limit who faces $1.9 million in rebuilding costs after a tornado would receive the full $1.9 million under Masterpiece's extended replacement cost provision, rather than being capped at the policy limit and absorbing the remaining $400,000 out of pocket.

What features make Masterpiece a strong fit for high-value Georgia properties?

Several other features make Masterpiece a strong fit for high-value Georgia properties:

• Cash settlement option: If your home is destroyed and you decide not to rebuild, Chubb can pay you the full replacement value in cash rather than requiring reconstruction.
• Agreed value on contents: You and Chubb agree on the value of your personal property upfront, so a total loss pays that agreed amount rather than a depreciated value.
• Risk consulting: Chubb provides pre-loss home inspections and recommendations. These reviews identify vulnerabilities that could affect a claim or the safety of the property, and the resulting report is yours to keep.
• Additional living expenses: Masterpiece covers temporary housing at a comparable standard, not just a basic alternative, while your home is being rebuilt.
• Flood and earthquake add-ons: Coverage can be expanded to include flood and earthquake exposure, which is relevant for Georgia homeowners in certain flood zones who want a coordinated policy rather than separate standalone coverage.

Does Masterpiece cover jewelry, art, and other valuable personal property?

Masterpiece also extends to valuable personal property, jewelry, art, wine collections, and musical instruments. These items are typically scheduled individually, and the coverage is broader than what a standard homeowners policy endorsement provides.

For example, a homeowner with a $200,000 art collection would schedule each piece individually under Masterpiece, covering the agreed value with no deduction for depreciation, rather than relying on a standard policy's fine art sub-limit, which may be capped at $2,500 or less without a separate rider.

What types of Georgia homes qualify for a Chubb Masterpiece policy?

A Masterpiece policy is not the right fit for every home. It is designed for properties where the rebuilding cost, the quality of finishes, or the value of contents puts them outside what the standard market covers well. Pairing it with umbrella coverage is common for high-value households that want added liability protection above their home policy. If your home falls into that range, Masterpiece coverage is available through Olive Cover, one of many carriers available through us.

How do I find out if Masterpiece is the right coverage for my Georgia home?

The right coverage limit and structure depend on your property's rebuild cost, the value of your contents, and your specific risk profile. A coverage review can tell you whether Masterpiece fits your home and what the right limits look like for your situation. Schedule a free coverage review.