{"id":10627,"date":"2007-03-13T18:58:33","date_gmt":"2007-03-13T18:58:33","guid":{"rendered":"http:\/\/www.brownstoner.com\/?p=10627"},"modified":"2008-07-28T16:27:25","modified_gmt":"2008-07-28T16:27:25","slug":"chubb-or-travel","status":"publish","type":"post","link":"https:\/\/www.brownstoner.com\/forum-archive\/2007\/03\/chubb-or-travel\/","title":{"rendered":"CHUBB or TRAVELLERS?"},"content":{"rendered":"

<\/a> Hello all!
\nI am in the process of closing on a 3-family brownstone in Bed-Stuy. I am very excited, but have to be careful about budgeting (after I close I will only have @$70K remaining and some of that — like $35,000 — needs to go to touch up some of the rentals). I have done the lleg work in terms of insurance coverage and pricing and am deciding between CHUBB who is offering me insurance @ $5,000 per year, and TRAVELLERS who is offering insurance @ $2,900 per year (both with $2,500 deductable, and are contingent upon a burgler and fire alarm system connected to the police and fire stations). At any rate, CHUBB seems to be the gold standard, offering full replacement with like materials, while TRAVELLERS is a solid company that will probably give me a bit of a headache should I ever need to settle a claim). My question is, on my budget, should I take the safer, more expensive route and go with CHUBB, or should I take on a little more risk, hope nothing goes wrong, save some money and go with TRAVELLERS? As an alternative, I am considering going with CHUBB for at least the first year until I know my building a little better, and then if\/when I get more comfortable, opting for the lower priced TRAVELLERS service.<\/p>\n

Everyone on this board is always really helpful with issues like this, so I look forward to your thoughts and hearing about some of your experiences. Thank you!<\/p>\n","protected":false},"excerpt":{"rendered":"

Hello all! I am in the process of closing on a 3-family brownstone in Bed-Stuy. I am very excited, but have to be careful about budgeting (after I close I will only have @$70K remaining and some of that — like $35,000 — needs to go to touch up some of the rentals). I have…<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"schneps_byline":"","schneps_post_style":"","schneps_post_source":"","schneps_syndicated_read_more":"","schneps_post_source_sitename":"","schneps_syndicated_thumb_html":"","schneps_syndicated_thumb_src":"","schneps_post_source_shortname":"","schneps_post_source_url":"","schneps_post_source_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[118],"tags":[],"districts":[],"class_list":["post-10627","post","type-post","status-publish","format-standard","hentry","category-insurance"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/brownstoner.com\/forum-archive\/2007\/03\/chubb-or-travel\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"CHUBB or TRAVELLERS?","url":"http:\/\/www.brownstoner.com\/forum-archive\/2007\/03\/chubb-or-travel\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.brownstoner.com\/forum-archive\/2007\/03\/chubb-or-travel\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Insurance","author":[{"@type":"Person","name":"anon"}],"creator":["anon"],"publisher":{"@type":"Organization","name":"Forum Archive","logo":""},"keywords":[],"dateCreated":"2007-03-13T18:58:33Z","datePublished":"2007-03-13T18:58:33Z","dateModified":"2008-07-28T16:27:25Z"},"rendered":"