How Much Does it Cost to Insure a Multimillion-Dollar Home?

The cost of a multimillion dollar homeowners insurance policy is influenced by various factors such as the location and construction type of the home, year built, credit score, loss history, deductible, discounts, and most importantly the cost to rebuild. For example, if a home’s reconstruction cost is $1 million and the rate is $0.34 per $100 of coverage, then the premium would be $5,950 per year. Your actual premium will vary based on the specific details of your policy, such as whether it is a packaged or standalone policy, the coverages you choose, and other various rating factors.

5 Best Insurance Companies for Luxury Condos & Co-ops in NYC

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...

Does Home Insurance Cover my Tennis Courts, Basketball Courts, Squash Courts or other Sports Courts?

For homeowners with a bit of space and an active lifestyle, a tennis court, a basketball court, or even a squash court can be the perfect way to bring some of their favorite activities within easy reach for a morning game. Your home itself is covered for most common...

Homeowners Insurance Guide for Celebrities & Public Figures

Coastal Insurance offers policies catering to high-net worth individuals, including celebrities, public figures, politicians, and professional sports players. Conventional home insurance policies do not provide the coverage most high-net worth individuals need....

Does Home Insurance Cover Wine?

“In vino veritas.” ~ In wine, there is truth. Often, there’s a fair amount of money invested in wine as well. Wine ownership can range from a couple of half-empty bottles you’ve been meaning to replenish for months to extensive collections of rare vintages that may be...

Does Home Insurance Cover Paintings, Artwork, and Sculptures?

Home Insurance & Artwork, Paintings Your home insurance doesn’t just cover the cost of rebuilding your home. There’s also ample coverage for your personal belongings if your policy is structured well. However, coverage for certain types of items may be subject to...

Does homeowners insurance cover my nanny, au pair, housekeeper, or property manager?

Many families become so close with their nanny, au pair, or housekeeper that they can feel like an extension of the family. That isn’t surprising since a nanny can often be a part of your household for years, by your side as your family grows and for many family...

Insuring Your High End Home on Long Island with High Value Home Insurance

The majority of luxury and custom-made homes around the New York City area are worth a lot of money. Undoubtedly, you have invested a lot when buying or upgrading your dream home and naturally you would want it to be covered properly. For this reason, maybe it’s time to reexamine how much it would cost to rebuild your home and replace the assets and valuables inside your house.

Coastal Insurance Welcomes Cincinnati Insurance to NY’s High Value Homeowners Insurance Marketplace

Coastal Insurance Solutions is pleased to announce its agency partnership with Cincinnati Insurance Company ROCKY POINT, NY (PRWEB) SEPTEMBER 08, 2017 Coastal Insurance Solutions is pleased to announce it’s agency partnership with Cincinnati Insurance Company, one of...

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