In a notable industry shift, Nationwide Mutual Insurance Co. has announced and began its exit the of high-net-worth personal lines business. This move underscores the complexities and pressures that have increasingly defined the personal lines market, impacting...
High End Home Insurance Guide Owners of high end homes have specialized insurance needs. Standard insurance can leave gaps in coverage and typically doesn’t offer enough coverage in key areas. High end home insurance policies address the needs of this unique market,...
How to Navigate the Surge in High-Net-Worth Homeowners Insurance Rates Navigating the complex high-net-worth homeowner insurance market is proving to be more challenging than ever. This sector, usually known for its stability and security, is now grappling with...
Best high-value home insurance companies of 2023 Updated on June 27, 2023 Most home insurers cater to the masses. Many have a reasonably good insurance product — but it’s designed to meet the needs of broad market consumers. If you own a high-end residential home, a...
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...
If you compare standard insurance policies from broad-market companies, beneath the marketing slogans, you’ll find many policies are similar. Often, they share the same limitations, capping coverage limits for homes and personal liability insurance. Broad market...
High net worth insurance is a liability-centric, niche insurance product specifically designed to protect the unique lifestyles of the world’s wealthiest individuals. While it sounds like one policy, in practice, high-net-worth insurance is typically comprised of two...
Everywhere you look these days, you’ll find costs rising. home insurance rates, just like the cost of homes themselves, are among those rising costs. But for many households, the rising costs of homeowners insurance rates have yet to impact them directly. Along with...
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...
