WHY CHUBB?
Coop Ownership in New York is complex and comes with its own unique set's of risks. Buildings are generally older and losses tend to effect you, your neighbors, and the coop. To top it off, construction costs are the highest in the country.
Chubb Brings PEACE OF MIND for a number of reasons:
BROADEST COVERAGE, FEWEST EXCLUSIONS
Chubb COVERAGE IS THE MOST COMPREHESHIVE in the market that are NOT AVAILABLE OR COST PROHIBITIVE with other carriers. Examples include:
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THE BEST WATER coverage in the market
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HIGH LIABILITY LIMITS offered extending to BORROWED OR RENTAL CARS
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True ALL RISK Coverage including EARTHQUAKES
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GENEROUS REPLACEMENT COST valuation
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WILLINGNESS TO PAY BEYOND THE LIMIT when necessary
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UNCAPPED EXPENSES LIMIT to live somewhere else (NCE) when you cannot live in your unit
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Protection against losses FROM YOUR COOP BUILDING POLICY
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FIRST DOLLAR coverage on special item such as JEWERLY
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FAR FEWER EXCLUSIONS than any other policy.
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AND MUCH MORE
BEST CLAIMS SERVICE
Chubb LOOKS FOR WAYS TO PAY A CLAIM. This claims paying philosophy is unlike any other carrier in the market. Let's face it - we have all heard stories of insurance companies DENYING, DECLINING, DELAYING, or DEFENDING claims making an already stressful situation even more stressful. With Chubb YOU CAN RELAX and FOCUS ON YOUR LIFE knowing you have a carrier that will come through big in the time of crisis.
FINANCIAL STRENTH
Chubb HAS THE HIGHEST FINANCIAL STRENGTH enables it to pay big dollars when it counts the most.
COMPETITIVE PRICING
Chubb PRICING IS GREAT when considering protection against THE MOST IMPORTANT RISKS that are either not offered or are cost prohibitive from other policies.
GET CHUBB INSURANCE OFFERED BY OUR FIRM:
PRANA RISK INSURANCE
Chubb Insurance is offered by Prana Risk Insurance, led by insurance veteran Seth Patel with 25 years of experience in the insurance industry. He is passionate about educating property owners to make educated insurance decisions on perhaps their most important asset - i.e. their NYC coop. Prana Risk has outstanding reviews and has achieved the highest CORNERSTONE agency status at Chubb.
J Teau
"Seth Patel is the best. He is a walking encyclopedia on insurance and he graciously answered dozens of questions I asked after having had a bad experience with a large national insurer. Seth''s the best."
Veronica Olson
"Seth at Prana Risk is the best: kind, intelligent, and great at customer service. He goes above and beyond - he spent an hour on the phone with me explaining different options for my business liability insurance. He got me hooked up with the best homeowners insurance, and helped me when I needed to file a big claim. He promptly responds to me when one of my clients requests a COI. I don't even remember how I got referred to him a few years ago, but so glad I did!"
Danny Justman
"Seth at Prana Risk is impressive: smart, diligent, and customer service-oriented. He goes above and beyond – spending almost an hour on the phone comparing and contrasting different options for my co-op insurance. He is patient, thorough, and extremely responsive. He worked through the New Year holiday weekend, and made sure the new policy was in effect as soon as possible. I discovered him after a Google search for NYC co-op insurance resulted in an article about his company; lucky to find him. Seth epitomizes high-quality personal service."