Amidst historic flooding in California from the Atmospheric River, Coastal CEO David W. Clausen joined the team at Fox Weather to offer critical tips to homeowners on flood insurance and what homeowners should do before and after the flooding. KEY Takeaways...
The terms “umbrella policy” and “excess liability policy” are often used interchangeably. But each policy type brings its own advantages. While both policies share some similarities, some key differences make each a better fit in certain situations. Knowing the...
As parts of Florida continue to cleanup following the devastation of Hurricane Ian, insurers and real estate markets may be among the ruins. Excluding flood insurance claims, insured loss estimates now top $80 billion and could continue to increase as insurers assess...
When most people think of flood insurance, they think of the National Flood Insurance Program (NFIP) offered by the Federal Emergency Management Agency (FEMA). However, there is another option - private flood insurance. Private flood insurance is offered by insurance...
High net worth insurance is a liability-centric, niche insurance product (comprised of multiple policies and coverage layers) that is designed to protect the unique lifestyles of the world’s wealthiest individuals. This customizable package of insurance policies is...
Your gorgeous yacht probably didn’t come cheap. So, it goes without saying that choosing the right yacht insurance coverage matters. Before setting sail, here’s a list of things to consider when picking out the right plan for you. An Overview: Yacht Insurance Yacht...
For homes with a rebuild value of $1 million or more, you can choose a high-value home insurance policy instead of standard home insurance. The choice of a high-value home policy brings many compelling advantages, ranging from broader liability insurance...
4 min read. September, 29, 2021 – by David Clausen Although several new private market flood insurers have entered the market in recent years, FEMA’s National Flood Insurance Program (NFIP) still serves as the base policy for most homes insured for flooding. The...
Hundreds of insurers compete for the U.S. home insurance market, but a select group of providers specializes in the high-value market catering to high-net-worth households. Off-the-shelf products from broad-market insurers can miss key risks for affluent families....
