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...
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....
When we think of insurance and protection against risks specific to high-net-worth individuals, we tend to think of property insurance or liability insurance. But cyber risks are a growing threat, and high net worth individuals make increasingly attractive targets for...
Where you live can affect insurability or availability of insurance programs, particularly if you live in an area prone to earthquakes, floods, wildfires, or hurricanes. Prior claims can sometimes affect availability for some insurance programs as well. For example,...
With over 5 million high-net-worth individuals and families in the US, specialty insurers have taken notice, bringing a suite of specialized products like high-net-worth homeowners insurance and a bevy of associated coverages, like excess liability coverage to extend liability limits into the millions.
For those who have few or commonly held assets, shopping around for mass-market insurance and finding the lowest price for good coverage is all that is needed. But for those with more or unique assets, it’s more complicated. Mass-market insurers usually limit the...
Insurance rates for luxury homes can vary widely across the nation. Across the U.S., homeowners insurance rates can range between $0.03 per $100 of insured value all the way up to $0.95 per $100
Do you own a high-end condo or upscale co-op in New York City? Are you looking for the best insurance companies for luxury condos & co-ops in NYC? Knowing what to look for in companies that offer luxury insurance packages, including coverage for upgraded condos and...
AIG Private Client Chubb Prestige Pure High-Value Cincinnati Insurance NatGen Premier Best Insurance Companies For High Net Worth Individuals Most home insurers cater to the masses. Many have a reasonably good insurance product — but it’s designed to meet the...