The Chubb Group of Insurance Companies said it has begun offering a flood insurance product that insures for higher limits and wider coverage than the federal flood program.
The Warren, N.J.-based company said it was providing the coverage to homeowners who face either inland or coastal exposures.
Chubb said it has begun to offer its admitted excess flood insurance product in 15 jurisdictions, including California, Connecticut, Illinois, Florida, Maryland, Massachusetts, New Jersey, New York and Pennsylvania.
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