Chubb in Illinois
Chubb writes workers compensation insurance in Illinois, with A++ AM Best rating and a $1,000 minimum premium. Illinois carriers operate under NCCI rate filings, with a max weekly benefit of $1,975 and a statute of limitations of 3 years. Verified 2026-05-09.
Chubb in Illinois
Premium-tier carrier. Excellent claims handling. Combined with the legacy ACE Group. The carrier's industry focus is mid-market and high-net-worth commercial, and the AM Best rating is A++ with a Stable outlook. Quotes go through licensed agents or the carrier underwriting team. Pay-as-you-go billing is available, which reconciles premium each pay period instead of at the annual audit. Self-service audit is available, employers can upload payroll records through a portal instead of waiting for an auditor visit.
Illinois workers comp rules that apply to every carrier
Illinois workers comp benefits are set by statute, not by the carrier. The maximum weekly indemnity benefit is $1,975 at 66.67% of the average weekly wage. The statute of limitations to file a claim is 3 years from the date of injury. Coverage threshold: All employers with one or more employees are required to carry workers' compensation insurance. On 1099 contractors: Illinois uses a multi-factor test to determine if a 1099 contractor is an employee for workers' compensation purposes.
How to get a Chubb quote in Illinois
Have your FEIN, NCCI class code (or job description if you do not know the code yet), estimated annual payroll by class code, three years of loss runs from prior carriers, your published EMR (experience modifier) if you have one, and certificates of insurance for any subcontractors. Chubb can quote faster with complete information; missing payroll detail or loss runs typically delays underwriting by 5 to 10 business days.
Related
FAQs
Does Chubb write workers comp in Illinois?
Yes. Chubb writes workers compensation in all 50 + DC, including Illinois. AM Best rates the carrier A++ (Stable outlook), and the minimum premium is $1,000. Quotes go through agents or direct underwriting.
What kind of Illinois businesses does Chubb target?
Chubb focuses on mid-market and high-net-worth commercial. Premium-tier carrier. Excellent claims handling. Combined with the legacy ACE Group.
What is the max weekly workers comp benefit in Illinois on a Chubb policy?
Statutory benefits are set by state law, not by the carrier. Illinois caps weekly indemnity at $1,975 (effective 2025-07-15), calculated as 66.67% of the average weekly wage. Chubb pays the same statutory benefit as any other Illinois carrier.
How does Chubb handle 1099 contractors in Illinois?
Illinois uses a multi-factor test to determine if a 1099 contractor is an employee for workers' compensation purposes. Chubb audits 1099 status against the same standard at policy audit; missing certificates of insurance for subcontractors typically lead to the sub payroll being added to the rated base.
Does Chubb offer pay-as-you-go workers comp in Illinois?
Yes. Chubb offers pay-as-you-go workers comp, where premium is calculated each pay period based on actual payroll instead of estimated annual payroll. Pay-as-you-go reduces audit surprises and is available in Illinois through Chubb.
When does Chubb audit my payroll in Illinois?
Illinois carriers including Chubb audit within 90 days of policy expiration. Have payroll segregated by class code, certificates of insurance for every subcontractor, and overtime documented separately.