Do you Need Private Client Insurance?
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 amount of [...]
High-Net-Worth Insurance.
High-net worth and ultra-high net worth individuals are one of the fastest-growing insurance markets in the United States today. According to a Statista study in 2015, there were 4.78 million high-net-worth individuals. With more than $1 million in combined assets (or $30 million, in the [...]
Mortgage Lenders Required to Accept Private Flood Insurance Coverage
Flood insurance coverage has long been a source of frustration for both insurance agents and homeowners alike, fraught with arcane rules, coverage gaps, low coverage limits, and often large deductibles. Until recently, most flood insurance policies were written through the National Flood Insurance Program (NFIP) [...]
How to Cancel a NFIP Flood Insurance Policy
Private Flood Insurance & Cancelling FEMA Flood Policy NFIP Cancellation Reason Code 26 Changes that became effective October 1st, 2018 (updated April 2019), are still in effect and provide flood insurance customers with greater freedom to choose their own Private Flood Insurance Provider. If certain conditions [...]
Coastal Insurance Solutions’ Chief Executive David W. Clausen Wins IBA’s Top Producer Award
LONG ISLAND, N.Y. (PRWEB) APRIL 22, 2019David W. Clausen, CEO of Coastal Insurance Solutions was named one of the Top Producers by Insurance Business America - an award that honors the highest-performing insurance professionals from across the country.Clausen was one of 65 professionals presented with the Top Producer [...]
How Much Does it Cost to Insure a Multimillion-Dollar Home?
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
Flood Insurance Rules and Changes for 2019
For the new year, FEMA’s big changes from last year carry over, allowing consumers more freedom to choose their own provider for flood insurance. Details on new options are provided in the closing. For consumers choosing to keep or purchase policies provided through the National [...]
Private Flood Insurance – A Complete Guide for Homeowners
Private Flood Insurance - A Complete Guide for Homeowners If you live in a coastal state like Florida, New York, New Jersey, Connecticut or California, you may wonder if you need flood insurance for your home. Even if flood insurance is not mandated by [...]
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 [...]
5 Best Insurance Companies for High-End, Upscale Residential Home Insurance
AIG Private Client Chubb Prestige Pure High-Value Cincinnati Insurance NatGen Premier Best insurance companies for high networth individuals Most home insurers cater to the masses. Many have a reasonably good insurance product — but it’s designed [...]
How Much Would It Cost to Rebuild My Home?
A house fire, hurricane, tornado, or another catastrophic event that destroys your home and the possessions within it is devastating. The loss is physical, monetary, and emotional, all at the same time. You may think back with gratitude that you, your loved ones, and your [...]
The Guide to Home Insurance and Your Dog
Everything you need to know about Dog Breeds, Dog Bites, and Your Homeowners Insurance Policy Collectively, we have about 90 million dogs as pets in the US.[i] We tend not to think of our dogs as being ferocious, and most aren’t, but beneath their cute [...]